Wolf speed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Wolf speed

WOLF 18.36

-0.2%

11:44 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Yogizuna who wrote (6782)	5/31/2003 5:57:06 PM
From: dvdw©	Read Replies (2) of 10714

Yogi; how does Cree with this open to buy short interest reach an overbought signal? Just a question, because as I see it CREE cant be overbought with all these IOU's outstanding, its pretty basic supply and demand. I've said before this stock is under the boot of a program by parties with some interest in some outcome, otherwise the conditions which prevail in the current sense would not prevail. Do a free float analysis and discover what the actual supply to market equation is, you will be surprised at how badly in the red CREE is. There are so many factors that could be affecting the trading, and the current imbalance is backed up by this. I am not interested in speculating publicly about it, but there is a Program being run here, which has captured the trading range for months. Whether that changes Monday or Tuesday or Never is anyones guess. Discover the Intent behind the actions and you've figured out all you need to know.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next