I do not see any new news, but selling pressure seems to be forcing CREE down to, at least, that level of support. Seems way over done, but that means nothing.
PS Lucky that my trading discipline got me out of my shares a last Friday..........I am looking to get back in, at some point.
Don't you know that he is just making this silliness up? There are no such filings ever.........only done after the fact.
As a trader, I try never to hold positions overnight, let alone for days. I held CREE overnight, in the hopes of an early pop and obviously I should have taken my gains yesterday. I think CREE is probably not going much lower from here and should trend up over time, especially if favorable news breaks (insider buys, "strategic alternatives", etc.), but not my method of trading. So I took my .05 cents of gains per share earlier (whoopee!!) and wish well to everyone. Hopefully for the suffering longs you can soon tell me how idiotic my selling was.
Good luck and goodbye
Obviously my looking for 28 today seems to have been wishful thinking. Hopefully, we can reverse some of today's slide before the close. We shall see.
So far, your prediction looks better than mine, but it is very early and no trading has, as of yet, occurred.
You have a really vivid imagination.........Sad, that you must make such ridiculous claims. I am just stating the obvious. No one following your posts on this board would believe that you had the foggiest idea how to trade, let alone made money on trading HRTX or 20 fold plus my net worth on just trading. I am sorry that you find it necessary to make such absurd claims. I realize that I should leave you alone..........
Good luck and Goodbye
I actually hoped for a bigger bounce, but did not expect it and was happy with the one we got. Normally we will be up first thing in the morning, early selling pressure is not a great sign and happens much less than 50% of the time.
Analist1: Given your poor incredibly trading of HRTX ( as demonstrated by your posts), why would you come back onto this board and pump another stock? Do you really think you have street cred on this board? I am not responding to your idea about CALA, a stock I also trade and maybe you have done well on your posts on other boards, but here?
Amazingly, CREE has had a number of similar sell-offs like today's over the past few years. Each one has presented good trading opportunities from the long side. I am only referring to trading, not to investing. As I posted earlier, I bought shares of CREE at 27.01 this morning. Normally, I would have taken profits, but given CREE's trading pattern, I held my position overnight. I expect that CREE will print above 28 tomorrow and if we get some favorable commentary, considerably higher, maybe over 29. Also, contrary to the fly on the wall, I do not think we broke the neckline on the inverse head and shoulders pattern (a close below 27.25 would bring that into consideration). A much larger recovery, over time, is also possible, similarly to what happened after 10/22/14's sell-off. The odds favor this occurring tomorrow, but only odds and weird things can happen in trading.
I agree with you and I just bought some at 27.01. Hard to see much further downside, given book value and intention to buy back 1/2 billion in stock. CREE usually does ok right after a sell-off and I am looking for a quick and good trade.
JP Morgan lowered its price target on CREE from 39 to 35.00, but kept its overweight rating and said that it thinks CREE can appreciate modestly from current levels.
Listen, I really think you are childish and could care less if you end this or anything else and frankly, it is perfectly rational and logical for me to talk down to you.
PS I have only used one id on these Yahoo Boards for about 15 years. Your believing that is completely irrelevant to me.
The more I think about it, the more I realize that you are just acting like a little child who is desperately trying to get the attention of some adults. Sorry, but I do not have the time or energy to fill that need of yours. Look elsewhere or not, who really cares.........
I changed my mind. Putting you on actual "Ignore" is giving you more attention than you deserve and sadly probably what you want.
Have your childish fun..................
You are just a pathetic child. I will put you on Ignore so that I do not need to read any more nonsense from you. I have always had a hard time dealing with teenagers.
You are not serious, are you? The issue is whether or not it will go down to and/or below 2.00.
PS Using CAPS will not help........
You are juvenile and now that I have looked over some of your prior posts and remember them, I completely concur with you on that. However, envy is something that sadly you will never outgrow. If you are really trading with your posts, I strongly doubt that you will be on these boards long enough to demonstrate maturity or market understanding. Then again, it is hard to believe the silliness you post, so maybe you post for purely entertainment value? Hopefully, I will remember to ignore your nonsensical posts from hereon.