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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jenna who wrote (23944)2/1/1999 4:32:00 PM
From: WPC9999  Read Replies (2) of 120523
 
MACR-So frustrating. I just can't understand this stock selling off like this. Everything looks so positive for this company. Reports better than expected earnings and no one wants it anymore. It makes no sense to me. I am sure it will return, but this is so frustrating. There is no point in taking a loss on it in my opinion. I will hold.

With CREE, there at least was a reason, the secondary offering, which I really think should be a positive thing. To me a secondary offering means expansion and potential to make more money. It is a better way than using debt. It may dilute the EPS but only because there are more shares. It doesn't mean they will make any less earnings overall.

I'm beginning to think it happens just because I bought it and therefore put my curse on it.
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