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To: TigerPaw who wrote (3637)8/18/2000 1:57:37 PM
From: sam  Respond to of 10714
 
Not one of Gary Smith's better picks. ;) Though in his defense, he did say "watch the volume." And, it sure seems as if the volume surge is telling us something. May be one of CREE's biggest volume days.



To: TigerPaw who wrote (3637)8/18/2000 2:00:45 PM
From: JH  Read Replies (1) | Respond to of 10714
 
<Thestreet.com seems to think CREE was a good short at $110>

Shorts could have added fuel to the rally today.

IV's on CREE options are v. high - the August 125 puts are still bid at $1-1/16.

Think I will short a bunch if the underlying takes another dip...



To: TigerPaw who wrote (3637)8/20/2000 6:24:55 PM
From: ratan lal  Read Replies (1) | Respond to of 10714
 
Thestreet.com seems to think CREE was a good short at $110.

It wasnt TheStreet.com but

"Just the ABCs Today
By Gary B. Smith
Special to TheStreet.com
Originally posted at 9:24 AM ET 8/17/00 on RealMoney.com"

What a bunch of dummies. Would have cost their members big bucks.

BUT what exactly is going on with CREE. up 30 in 2 days for NO REASON?? Dont tell me about the good co. and shortage of shares. I know that. But why now and why 30 points in 2-days.

Somethings going on that we are not prviy to and it P$^$%s me off since SEC just passed a rule that all important info be diseminated to EVERYONE Simultaneously.