Options Wonderland

[Orvis]

I just did some research on Cree and wasn't able to refresh my memory as to why I was cautious. I was thinking they had some competition from somewhere but that doesn't seem to fit either. Must have been the last earnings report which dropped it.

Anyway I see they are getting into the restaurants with their led lighting and also we know they are in TV's as I just bought a Sony with the new lighting.

Maybe it was a supply problem or a commodity issue.

I'll put it on the watchlist because I can see where they could be a big winner although I doubt we'll see an explosive upside from here but who knows.

Orvis