Some of the big boys covered a few shorts. Nice volume day with good buying volume this afternoon. Looking for some higher prices tomorrow.
Guess someone decided to paint a bit of lipstick on a pig.
Too funny, but that was the near term bottom. Now it will go back up.....look up channeling
Barjonicat, I recall seeing your username here from a long time ago, you must be trading this stock for a while. Where do you think this is heading?
CREE sandbagged their guidance. Don't sell at these levels.
Sentiment: Strong Buy
Some large entity has gobbled-up a lot of cheap shares by now it seems. UP we go ... stay tuned. Extremely-pleasant entry point to be a long in CREE now ... oh joy!
Kathlene, how are those long May 62.50 calls doing?
You sure know how to fool yourself into thinking you pick winners.