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OldAIMGuy

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OldAIMGuy

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Re: None

Wednesday, 01/25/2017 11:52:03 AM

Wednesday, January 25, 2017 11:52:03 AM

Post# of 585
CREE has been a challenge as an investment for the 2+ years it's been a holding. Started with a reserve of 40% cash in the beginning, that cash was used to average down during the severe beating this company's stock has taken since. This latest sale provided a 31% LIFO gain but also brought the holding back to being break-even overall. Buying and selling along the way has managed to reduce the average cost/share by 20% from the starting point.

Best regards,

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