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.....
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
jcreamer's probably contemplating hari kari..... we can hope.
Sentiment: Hold
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
I'd speculate that the huge volume is shorties covering to save their a&&e&....
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....
Did the shorties run out of manipulation tricks? Was there additional news?
Sentiment: Hold
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
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....