April 20, 2010 at 16:22 PM EDT
Cree Inc (CREE) Beats, Posts Big Growth, But Traders Sell The News
Cree Inc (CREE) is selling off in after hours trading more than 5% as traders “sell the news”. A big quarter was already priced in and traders are taking some profits. CREE beat both the consensus estimate of .44/share and the whisper number of .46 by posting a non GAAP EPS number of .47/share on [...]
This was a prescient message, let's not forget that CREE management thugs overwhelm this message board with their mindless drivel.
denverdouche == buggereddave == david deserres
in addition to a cast of Super Mario a.k.a. fncydansir well paid hacks
You bet. Then Competitor pressure ... then September... then debt-ceiling discussion... then taper-talk.. then BenB departure ... then YE tax-loss selling ... then 4th year-of-rally completion ...traders not gonna hold the hot-potato! Severe PE compression ahead IMHO!
Sentiment: Strong Sell