Breaking 50 day sma on good volume. Nice run today.
That slight jump to 36 was on two trades, one for 100 shares and one for 25 shares. Not significant or meaningful.
One of the Najarians (I think Pete) just named it as his favorite pick on CNBC
I'm kind of thinking that the rising price of naturaal gas may be playing a part here. Haven't seen any company specific news.
Has anyone else noticed the premarket in CREE? Over 58k shares traded, much of it at 67.50 - up over 4.00. Have not been able to find any news yet.
Credit Suisse also talked about LNG (as well as CQP and CQH) in their morning report. Target price for LNG = 48..