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Cree, Inc. (CREE)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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106.49+4.48 (+4.39%)
At close: 4:00PM EST
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  • L
    Larry
    If overall market goes higher CREE with upgrades, strong demand for products, we should see $120 within week or two
  • s
    skibum631
    I suspect the Citi upgrade, with a price target of $160 might make this an attractive buy. If the market remains strong, i expect we will see this price sometime this Summer.
  • A
    Appleton
    I am pretty sure the warm weather in East Central WI will cause a delay in the test results for the $OESX Ice Light. Slush causes light refraction and impacts the bite on panfish and walleye. May need to move testing to L’ance MI $CREE light meeting next week at UL.
  • s
    skibum631
    CREE gets another upgrade. Cowen upgraded CREE to outperform, with a price target of $150. No wonder 467 institutions own 112.54% of the outstanding shares
  • P
    Paul N.
    Stocks in EV and online services and sales are way overpriced thanks to Elon Musk and the Coronavirus.
    They will come back to earth.
  • H
    Huntr
    30 billion company EOY
  • s
    sinbadger
    Cree to 200mm vs. current 150mm in 2022 for Mohawk factory. Lowers chip cost. Accelerating expansion with $550 cap ex in 2021. Production rises as Mohawk plant ramps up. Gross margins 50% in 2024 for Mohawk plant. Durham 150mm factory.
    Bullish
  • s
    stocktargetadvisor
    $CREE
    Initiated by Bank of America Buy USD 140
  • H
    Huntr
    Dilution seems to have had little negative affect, will know by end of week how institutions view it
  • P
    Peter
    Yes SiC has a great future but CREE is facing at least a dozen companies many larger in SiC and many are larger companies with connection to the auto industry with great resources. For example Tesla buys their SiC devices from STM not CREE.
    CREE record is abysmal, they were one of the first with LEDs and after about 25 year they sell it for a lousy $300 million. CREE's record of promises and delivery does not give one much confidence in their ability to make money.
    Bearish
  • A
    Appleton
    Hard freeze this weekend and next week will set up the testing for $CREE lights for ice fishing on Lake DuBay and on Poygan and Winnebago for the alternative $OESX model. Pretty sure I know who wins. Seems the carp like the $OESX and the tasty fish like $CREE
  • P
    Peter
    Bubble is about to pop. It looks like no meaningful earnings for the next 2 to 4 years. Co acknowledge the new plant is a year away and will take another year or two to break in and bring cost down, also the possible orders are up to 4 years away as it can take that long for design in to translate into production run.
    It hard to justify this price so many many years away from maybe making money.
    Bearish
  • d
    david
    My daughter who is a PhD candidate says she uses only Cree Sic because it is the purest.
    Bullish
  • H
    Huntr
    Strong recovery from earnings
  • A
    Appleton
    Walleye limit in 25 minutes today on Lake Poygan. Cold as hell, wanted to pull the $CREE lights after 2 fish but got 4 more almost immediately. Crew likes to cook them up yumm nearby at Jimmys White House. $OESX testing tomorrow as limits are limits, don’t want DNR on us.
  • S
    St_Melop06
    Great chance for sell - it's to high & last time in close it had -4.05%...
    Bearish
  • C
    Corey
    Someone is expecting a big move with the amount of money spent on 29 Jan 21 140 call options over the last week
  • s
    sinbadger
    Short squeeze possible?
    Bullish
  • H
    Huntr
    Bummer dilution 3.9 million shares
  • s
    skibum631
    New statistics show that institutional ownership has increased from 108% to a little over 112%. In addition a recent article states that hedge fund ownership has increased from 25 to 30. I guess the smart money knows where to invest
    Bullish