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S&P 500: 1,317.11 Change: -0.21%
rjm77me
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : CREE is down after hours today - Will be seller here

Date April 20, 2010    Comments Comments (1)    Rate this post Recommend This Post (56)   
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CREE announced its earning after hours and did not meet market expectations. It did beat the numbers. Stock was extended and folks decied it is time to sell.
So I will be buyer of put options in next day or so.

If you are long CREE - may be time to take some profits here

Please do your own home work before making a trade.
Tags : CREE  

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Author JaiH     Date April 22, 2010 07:20 Abuse this post Report Abuse
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CREE hightlighted as a strong buy by zacks, see link
http://www.zacks.com/commentary/14330/Cree+Inc.
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