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Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?


To: MARK BARGER who wrote (1698)2/3/2000 9:35:00 AM
From: RocketMan  Read Replies (3) | Respond to of 10714
 
It always makes me nervous when a stock goes up as fast as cree has been going lately. I prefer steady slow upward movement with periodic basing and pullbacks. Oh well, let's see what this thing does.



To: MARK BARGER who wrote (1698)2/3/2000 10:04:00 AM
From: LBstocks  Read Replies (1) | Respond to of 10714
 
The float on CREE is only 22.4 million shares, which increases the volatility in the stock. Plus, as of January 9, there were over 2 million shares short (or about 10% of the float). I suspect that the likely short covering is adding fuel to the fire the past few days.

As to "Do we hit 130 today?"

We just hit 140.



To: MARK BARGER who wrote (1698)2/3/2000 11:07:00 AM
From: Jimbo Cobb  Read Replies (1) | Respond to of 10714
 
Try $145 and still moving !!!! Congrats, Mark !!!!!!!!!!!!!

Great call !!!!!

Jimbo.