Are any other Cree holders more than a little distracted at work the last couple of days? Is it me or is the air a little thin around here. The trader in me says,"Sh&t man, don't get greedy, take a profit you idiot, you're up 50 points in 3 days." However the stockpicker in me realizes that we have a huge winner. I firmly believe that Cree is in the right place at the right time, and will be a $10 billion company by year's end.
I cannot wait to hear about the roll out of the RF and microwave products in the months to come. Cree is playing so darn coy on the blue laser thing that I have a feeling something is close to breaking there.
I sold my traders at 151 yesterday, then had sellers remorse and bought them back at 146 about 15 minutes later. Then at about 3:30 I sold all of my traders again at 140, thinking that there has to be profit taking at the end of the day. BUT, the end of the day looked strong, I read unclewest's post and bought them all back just before the close at 140 again. So we will see what happens today, but as I have said before, I sleep better holding Cree in my acct. than I do knowing I'm out of the stock. It may fall to 100 in the next couple of weeks, but I think this run still has a little more in it.
Remember, they still haven't mentioned how they will spend the $250 mill. they raised at the SPO. I think news is just around the corner. All IMHO.
MB |
