Berkshire Hathaway Inc. Message Board

o.k. someone needs to make an ignore list.

Likely for the many related DD ID's. Whether they are all in his head or literally related.

They are relatively easy to pick up on.

Posting any nonsense that has nothing positive to do with CREE. Learning to use cut/paste.

Like I've said I don't believe he's a short.

Just simply a CREE hater. Not that I have been - or am currently that fond of mgmt at teh company.

I'll make a thread others can feel free to add to.

First one is already ignored
jcreamer? (screamer)
quantum
igbq

Can't believe I took the time to write them down.

That's was too much time spent on htis fella.

He likes to see himself post - another tipoff.

I'm not quick to ignore folks. Especially shorts - you can learn a lot from a true short who has done their DD.

But IMO this poster (but whatever ID) is just a wast of time.

A classic TROLL and CREE HATER - it goes no deeper than that.

I wonder if they killed his last ID?

Is screamer still posting?

I new ID from an obvious CREE hater.

Wonder who this could be?

Happens to all of them.

Along with "data feed" issues - especially with options.

Hard to make decisions with bid/ask sometimes not accurate.

I have my 7 online accounts with them.

Some because they bought Datek and I forget the other one years ago.

Never tried Schwab or IB.

Next account will be IB.

I get a lot of Fidelity junkmail.

I have issues from time to time with AMTD myself.

Next account I plan on trying Interactive Brokers - their fees are much better.

So what.

I've made a heck of a return on KLIC over those same years.

I still think you're barking up the wrong tree.

These folks are given these options. You'd lighten up too,

Checking in while I eat lunch.

So far IMO just typical KLIC noise.

Gotta love KLIC!

I plan on mostly watching today. But we get near 12 I'll either lighten up and/or likely write more calls.

I'm thinking they are a little late - even if they saved their folks a few bucks.

After the stock has more than doubled in the last year.

It's up 36 bucks int he last year. If they and their cusotmers feel saving them 2 bucks is a good deal - well, they deserve each other...

Well, not that the HD deal is the biggest hings CREE has going but my personal checks and talking with personel at my 2 somewhat local stores tells me they are moving.

Infact they haven't ever seen anything like it. Certainly nothing like CFL demand or Halogen demand.

Folks coming in and asking fo rthem since they are in those free standing displays. Then often coming back and buying many more.

CREE was due for breather - which is part of why I sold some of mine recently.

My post 40 minutes ago sometimes shows, sometimes doesn't. But I was able to see it and copy it into word.

If it's not here in the morning I'll repost it.

I understand the theory.

And have witnessed it - recently with CSCO and CY for instance.

Also with small heavy industry companies - cyclical without great growth prospects AP & FRD even though they are excellent buyout candidates.

In practice it happens when a company has given up on future prospects and wants to hang onto shareholders.

Personally I will look at that as a game changer for KLIC, and not a positive.

Hey - we all have our own money to play with.

5 years from now if they pay a divvy I expect the return to be significantly less than if they don't. I'd rather make more, and be able to take gains as I wish than a divvy.

Like I've said - there are many high dividend stocks - I own some.

And I hope KLIC never pays one. Because to me it'll be a change in direction.

If they want to pander and do a one time thing a buyback is the lesser of the evils IMO. Beats the overhead and distraction of a dividend.

You know - if they initiate a dividend then cut it back or eliminate it KLIC will drop like a rock.

I'm more of a long term thinker - even for trading KLIC cyclically.

AMAT pays like 3% but is huge.

I had a few non tech companies pay special dividends due to incoming tax rules in December. IMO you can't really count that as it was one time.

I still prefer no diividend. Like I said. You can control your own dividend delivery by simply selling some KLIC when you want to.

I LIKE the swings in KLIC.

And the fact they are small, cash rich, and can be fast growing.

Dividend to me means more buy n hold. I hope KLIC never becomes that boring. I own JNJ, BRKB, INTC, DVA, AWK and others for that.

Lets face it - you should never have a large portion of your holding in a stock like KLIC.

I LOVE KLIC and have done very well for many years but I'm never let it become more than about 20% of my portfolio.

I understand you folks reasons. IMO it just doesn't fit KLIC and I see that as a good thing. ALso I want mgmt to run the business the best they can. ANd not do short term thinking things like a dividend, or to a lesser degree a buyback.

IMO not in a tech company this small. A dividend is outright stupid. A buyback not much more intelligent.

And it's only recently(last few years) that they have really had any cash.

It will ALWAYS be a cyclical.

Also - FYI - historically when the fundamental folks show up declaring this stock a good deal is when to start selling. As I have again this cycle. But holding onto more than usual.

I'd say MF and individual posters here both qualify.

Someday "this time will be different" - atleast for a while.

I believe setting on the cash is showing more control (and gaining more respect - from atleast me) that doing anything with it.

Good luck.

As always - like with BRKA/BRKB - if you want a divvy - just sell a little.

Wouldn't surprise me at all.

Maybe even closer to 10.

That's why I'm the most hedged ever.

Including writing calls on call that I have for JUL and owning som eJUL puts.

I wish there were an additional expiration date available between JUL and OCT actually.

Thw way things worked out I own 1 OCT 10 @ 1.15 from an order I forgot to cancel. I booked the profit on the 5 that I had oned.

I also have 2 OCT 11's written in a different account.

I usually don't do anything under 5 contracts at a time - unless I do it to remind me to watch that strike/date to potentially add.

IMO could we get under 10 this summer - especially due to general market news - yes.

Could we be pushing 15 by end of year - yes.

Thus no mans land to me now. With cash to buy common or calls.

Remember - KLIC is irrational.

I agree.

About the summer and KLIC. I"m more hedged than I ever have been.

I'm not seeing a whole lot of good alternatives.

I'm playing with a few that I hold and trade.

Up to 10% cash and would like ot be at 20%. Often I buy mid summer and sell to the folks that come back when school starts.

Then often I buy during tax loss selling and sell them after the first of the year.

Often either of these 2 approaches can get 10%. A high beta stock like KLIC can really be profitable.

Lasers are down and I've written just a few calls on RSTI.

Been lightening up on CREE recently.

For a few years had started a new position then adding to AWK and DVA but they have had a good run and recent news didn't effect them as I expected - especially DVA.

Have sold most of my BRKB since the split was announced thru a few months ago after it broke thru 100.

Lack of good idea's and like seasonal cash personally.

Actually historically KLIC has been LESS abusive than most tech companies.

I little bit of a special situation as Scot liquidates and Bruno and other "new" mgmt get optioned up.

NEVER put all your eggs in one basket.

It's large, unscheduled sales that you want to pay attention to really.

Anything else is simply noise, And some folks make noise about that noise...

But it is kinda summer. KLIC is in nomans land for me currently. Never hurts to book a profit - and I assume you had one.