With 2008 Q1 earnings coming out at 10/18, I expect there will be some drop on the 16 and 17th. Traders with holdings of CREE that was based on Speculative Buyout rumors will probably get a scare and sell out before betting to earnings. I changed my buy limit from $25 down to $23. Will keep a close eye on it from 16th to 17th for, hopefully, the lowest entry point.
CREE on the lookout, approaching buy limit
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