Wolf speed Message Board

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Technology Stocks : Wolf speed

WOLF 17.96

-3.5%

2:36 PM EST

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OldAIMGuy

The Ox

ynotgoal

From: slacker711	11/23/2020 4:08:30 PM
	3 Recommendations Read Replies (1) of 10713

Wow, congrats to all. Quite a week already :-). The bubble has hit the EV stocks in full force over the last few weeks. While I really like Cree's prospects over the long-term, I must admit that the stock price had discounted a huge amount of good news. I have always thought that the 2024 guidance that Cree gave last year was conservative, but it now would need to be beaten by a substantial amount to justify the current valuation. That is entirely possible but I hope everybody invested understands the increased risks. Might open up some of the good wine tonight... stay safe everybody.

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