Tuesday, January 18, 2011

$CREE sentiment showed distress among investors before 15% decline

After the earnings disappointment by $CREE after hours, and the fact it had been on our PsychTrades list as a short, I took a look at its Sentiment Alerts (summaries of investor conversations about the stock).  Looks like investors were suspecting fraud and were uncertain before the big disappointment.  See the chart below or at:  http://www.marketpsychadvisor.com/vitalsigns?ticker=CREE:

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