Cree, Inc. Message Board
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YOU WERE WRONG!!!!!! Sorry, couldn't resist. Honestly, I think yesterdays pop were due to HF's manipulating the stock. I hope it recovers, but I think you need to plan in terms of 4-5 years.....
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Talk about a blatant attempt to manipulate.... First they lower it, get all the cold feed folks to had over the stock at a depressed price, then they raise the recco, sell what they stole, then lower the recco, steal some more.....
Sentiment: Hold
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jcreamer's probably contemplating hari kari..... we can hope.
Sentiment: Hold
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They are a growth company. That simple. Long term, they are a better bet then many of the other companies. Most of the negative you see are from shorties, who love to try and manipulate this stock. Since this company is a fairly focused on one product (LEDs), and are fairly small and new, they are easier to manipulate than say, titantic companies such as Lockheed Martin or Boeing.
Sentiment: Hold
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I'd speculate that the huge volume is shorties covering to save their a&&e&....
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Considering its another Dow down day, Cree's up a buck, I'm guessing despite the disingenuous efforts of certain folks on this board, the earnings must be somewhat good news....
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Did the shorties run out of manipulation tricks? Was there additional news?
Sentiment: Hold
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So, given your um, rationale, NO ONE in this country will ever ever ever buy a car that costs more that 10K, because people always always buy the very cheapest car possible and... oh wait, does this sound as stupid as your argument?
Sentiment: Hold
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I'd wonder about that, save that the volume is low (40% at least)....usually a down price with a low volume is a good indication of shorties trying to drive the price down....