Thursday, February 3, 2011

update CREE 2-1

It has been a while since we have looked at CREE.  Last time it was upper 60s.  I was not positive on it at that time.  It has since had a sell off and is testing 50 (I waited a few days after it plunged to get a better read on it).  It now looks like a better prospect to buy.  Here are the charts:

Be sure to do your own research and analysis.  GL traders.

02-03  CREE has moved up about 4%  much as expected.
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2 comments:

  1. jennasueFebruary 1, 2011 at 12:37 AM

    Inlet,
    thank you for the Cree update. watching it to decide if i will take a ride on the roller coaster yet again. what a stock, trading gem or trading madness, both!!!! one more leg down my guess.

    S.

    ReplyDelete
  2. InletFebruary 1, 2011 at 5:54 AM

    Sue -

    Trust your instincts. I know you will.

    ReplyDelete

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