A NEW IDEA ON CREE $CREE
This post was just published on ZYX Buy Change Alert. CREE is a maker of LEDs. It also has significant intellectual property in this promising field. This is a long-term position. Back in 2010 the stock traded over $83 and over $75 in 2013. This morning the stock is falling on awful earnings and has traded at $33.25 in the premarket. The pattern of this type of stock under similar circumstances is to experience further tax loss selling between now and mid November; then typically a significant bounce occurs between mid November and mid March. This is a very volatile stock and