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OldAIMGuy

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OldAIMGuy

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Re: None

Friday, 02/12/2021 7:32:07 AM

Friday, February 12, 2021 7:32:07 AM

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A new CREE Stock Offering in the near future...........

https://seekingalpha.com/news/3661582-cree-readies-stock-offering-shares-down-6?utm_campaign=twitter_automated&utm_content=news&utm_medium=social&utm_source=twitter_automated

Cree (NASDAQ:CREE) drops 6% premarket after filing a prospectus for unspecified common stock offering.
The filing does not necessarily indicate that a sale has begun, or will occur in the future.
Also, the company inks distribution agreement with some of the Fund Managers for the sale of up to $500M of shares of common stock.
Manager will earn a 2% commission for its efforts.

Buy from the Scared; Sell to the Greedy.....

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