This post was just published on ZYX Buy Change Alert. Super computer maker Cray (CRAY) has a $35 cash buyout offer from HPE. There is a 35% probability of a higher bid. In case of a bidding war, price can go as high as $45. Normally a 35% probability does not generate a
On March 5, drone insanity gripped investors. They ran up the stock of drone maker AeroVironment by $6.71, or 21.33%, after the company reported earnings the day before slightly ahead of expectations. Ill-informed investors with stars in their eyes jumped on the chance of making money from commercial drones as
On Friday, Feb. 14, Cray Inc. CRAY experienced a meteoric rise of about 39%. Smart money took advantage of the strength and sold aggressively. Cray is in the business of super computers or high-performance computing (HPC). Let us start with a chart. As the chart shows, the stock closed at $41.66 up
Cray (CRAY) stock is trading strongly higher after it was announced that University of Illinois’ National Center for Supercomputing Applications has struck a $188 million multi-year deal with Cray. Cray will provide XE6 and XK6 models. These computers will incorporate Opteron CPUs from Advanced Micro Devices (AMD) and