Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Matrix, I commented on that some two years back. The main issue I had was their buying their own stock at more than 10 times book (their balance sheet, for some reason no longer show the trace of any such buy back, meaning they just announced but did very little actual buying (researching their past 10Q might determine how much they announced and how much they really bought, I am not going to do that. Then came the internal feud which asserted my negative opinion on REE as a trading stock and I continued to stay away from it. I see no reason with s many interesting situation adding CREE to those I follow. The feud itself is a sign that something was rotten out there, and the fact that the feud was resolved does not mean that the rot disappeared, just that it was swept under the rug. Of course, that assessment may very well be rotten itself, but when you have to limit the number of issues to look at, such stain on management is sufficient for me.