Comments on: Bought in to Cree

By: The Corner Office Blog - An entrepreneurs thoughts on business, personal finance and investing. » CREE Still Looking Strong

Sat, 10 Oct 2009 15:06:12 +0000

[...] LED manufacturer, CREE (CREE: chart, web, Y!), is still looking strong, and I’ve been able to take advantage of some pull backs in the market since making my last purchase. [...]

By: Mike

Mike — Fri, 17 Jul 2009 03:22:31 +0000

Thanks Winston. I’m working on that gut.

By: Winston

Winston — Thu, 16 Jul 2009 16:46:29 +0000

haha, touche mike. there are very few rich technical traders. they’re out there, but nothing beats fundamentals and good old fashion GUT!!

By: Mike

Mike — Wed, 15 Jul 2009 18:39:01 +0000

C’mon, the technical traders aren’t always right. Don’t beat yourself up. Case in point – my purchase of KND. Every technical indicator said sell. It wasn’t until the stock turned around a few days later when technical traders jumped on board. Did those same technicians call the stock market events of today and yesterday? I don’t think so.

CREE is a good company and you’ve made a good decision. You’ll end up with a very good profit. BTW, I’ve followed CREE for many years and your absolutely correct in your assessment.

While I never invested in CREE, it was through CREE that I found CTHR. I bought and sold CTHR for a small profit “way back when”. It’s a shame the company didn’t take off. IMO, Moissanite is a better jewel than a diamond, and costs MUCH less. I bought one for my wife a few years ago and she likes it better than all of her diamonds.

I guess people can’t get past the weird name or the implication of it being a “fake” diamond. It’s hard to go against the diamond faction.