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CREE - Cree Inc

post #1 of 111
Thread Starter 
chart.ashx?t=cree&ta=1&p=d&s=l

Cree, Inc. develops and manufactures semiconductor materials and devices based on silicon carbide (SiC), gallium nitride (GaN) and related compounds. The Company's SiC and GaN materials technologies are the basis for many of the devices that it develops and produces. Revenues are primarily derived from the sale of blue, green and near ultraviolet (UV) light emitting diodes (LEDs), and SiC and GaN-based materials. Cree, Inc. is also developing near UV laser devices. In addition, the Company is engaged in a variety of research programs related to the advancement of SiC and GaN process technology, and the development of electronic and optoelectronic devices that make use of these materials' physical and electronic properties. Effective December 25, 2005, Cree, Inc. discontinued the operations of its Cree Microwave segment, which includes its silicon-based radio frequency (RF) and microwave semiconductor business.
post #2 of 111
the stock looks OK but the industry sector is what concerns me. It has moved into a sideways pattern, there is no relitive strength (wind at its back)
you need that for a swing trade here.
keep watching it. see what happens when it touches base (20-30 day moving average.) it is the overall industry to keep an eye on.
post #3 of 111
had puts on this yest sold them right before the bell.....wanted a hard takedown but they're BSing right at option expiration......fool me once....fool me twice..............
post #4 of 111
buzz around this stock.......want to start a put position but too many rumors
post #5 of 111
Cree Looking good if it can break thru the 30.01 resistance!! News -

Cree Achieves Highest Efficacy from a High-Power LED
Thursday September 13, 9:00 am ET
NIST Verifies Results


DURHAM, N.C., Sept. 13, 2007 (PRIME NEWSWIRE) -- Cree, Inc. (NasdaqGS:CREE - News), a leader in LED lighting components, today announced it has achieved R&D results of 129 lumens per watt for a cool-white LED and 99 lumens per watt for a warm-white LED. These are the best results reported for packaged, high-power LEDs, and they clearly indicate that Cree is extending its lead in solid-state lighting through its continued investments in LED technology.
The results have been verified by the National Institute of Standards and Technology (NIST). NIST's tests confirmed that the cool-white (5,813 K) LED produced 135.7 lumens of light output and achieved 129 lumens per watt efficacy. The warm-white (2,950 K) LED produced 104.2 lumens of light output and achieved 99 lumens per watt efficacy. The institute tests LEDs at 350 mA and measures the output after five minutes of operation to ensure thermal stabilization.

In coming years, such investments in core LED technology could lead to products that replace traditional light sources in all commercial applications. Customers may see these technology advancements in commercial products within 12 to 24 months.

``To replace traditional light sources, LEDs need to provide both high light output and high efficacy,'' comments John Edmond, Cree co-founder and director of advanced optoelectronics. ``Cree continues to push the limits of LED performance in order to realize the potential of the LED lighting revolution - energy-efficient, long-lasting LED light.''

Looking like a good buyout candidate I am reading rumors of GE although they deny it?
post #6 of 111
EXPLODING!
post #7 of 111
Quote:
Originally Posted by Doublrs View Post
EXPLODING!
tell me about it i was gonna buy yesterday, when i saw fast money guys talking about it I knew i was too late and missed a great move. Please pullback
post #8 of 111
I gave you plenty of warning!! Posted on the 15th
post #9 of 111
darn, you did give us good warning but I was too busy with other plays. Good call, looks like somebody thinks a buyout is gonna happen.
post #10 of 111
huge option buying on this one
post #11 of 111
I think most of the push up were on buyout rumors. This could get bought out at $40+ or it could fall back to the $20's if the buyout rumors fad.
post #12 of 111
I bought a couple of OCT 30 CALLS for $4.00 and 20 OCT 25 PUTS for $0.20. I am thinking those puts could quickly be worth $1 if the buyout rumors go away.
post #13 of 111
I have been watching it today... Might be a good short trade next week.
post #14 of 111
I am no chart expert but that looks like an engulfing candle to me. 7.25% down, I think those puts are gonna pay off.
post #15 of 111
post #16 of 111
Quote:
Originally Posted by LuckyOne View Post
I am no chart expert but that looks like an engulfing candle to me. 7.25% down, I think those puts are gonna pay off.
I think you're right. Bearish engulfing. I was thinking about the 25 Oct. puts, also, but was too tied up with DRYS today. I might get in Monday.
post #17 of 111
I think you did alright in DRYS, up nearly 7%. I only had two OCT calls and they made nearly $1000 on the day. Unfortunately I had four expiring SEPT DRYS calls that I sold out of yesterday.
post #18 of 111
Quote:
Originally Posted by LuckyOne View Post
I think you did alright in DRYS, up nearly 7%. I only had two OCT calls and they made nearly $1000 on the day. Unfortunately I had four expiring SEPT DRYS calls that I sold out of yesterday.
I had 24 80 calls of Drys for sept, and have been sweating for over a week now. I got really lucky that it did this today, and not Monday.
post #19 of 111
Quote:
Originally Posted by Journeyman98 View Post
I had 24 80 calls of Drys for sept, and have been sweating for over a week now. I got really lucky that it did this today, and not Monday.
WOW, I would have never have guessed those would have ended up in the money yesterday. Lucky for you they were probably about worthless yesterday.
post #20 of 111
Quote:
Originally Posted by LuckyOne View Post
I bought a couple of OCT 30 CALLS for $4.00 and 20 OCT 25 PUTS for $0.20. I am thinking those puts could quickly be worth $1 if the buyout rumors go away.
Those $0.20 OCT 25 Puts were selling for $0.40 at close.
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