why the big drop?
It is called a stock bubble. Since you do not know the Cree pumper pumped the stock up
and are now selling it. You will be stuck with it @ $2 by2014.
You can not make money until you sell.
So you rode it up now you can ride it down.
Now, it looks like the big boys want to take it down to 50 level first.
Probably related to options expiry last week.
You think they propped it up for OE, or to sell the next OE calls?
I'm still setting on the DEC 67.50's I wrote for 1.98 that are basically back to even. They had been under water by 50% or so. Sometimes this takes patience...