Investing (1 Viewer)

[Scott]

So with the advent of LED based flash lights, televisions, reef lighting and (as I see it) the eventual revolution into full home lighting I decided to buy into Cree (NASDAQ: CREE). There was a huge jump in the stock last spring and it has been on a steady decline since but I had faith. I bought in about two weeks ago at a relatively low point and there has been a net increase of about $4 per share since.

As a leader in their field I thinks its a good low risk investment, any opinions on the potential long term?

Also, if anyone has any other favorites let me know!

 

[ModAquatics]

It seems pretty volatile. Closed 3 points down yesterday.
http://www.fool.com/investing/gener...hares-got-crushed-what-you-need-to-know-.aspx

Check out Philips (PHG). They own most of the LED patents and are a very large and diverse electronics company. Should be more stable and a good performer in the LED industry.

 

[spongebob281]

My shares in securities firms seem to hit a big stride since 911. Just can't tell you which one since I haven't got my quarterly report.

 

[steveb]

It seems pretty volatile. Closed 3 points down yesterday.
http://www.fool.com/investing/gener...hares-got-crushed-what-you-need-to-know-.aspx

Check out Philips (PHG). They own most of the LED patents and are a very large and diverse electronics company. Should be more stable and a good performer in the LED industry.

Unless you like playing the volatility game. I have a friend at work that is constantly playing the options game on volatile stocks... its gamblin I tell you

 

[Scott]

I like wasting money on Penny stocks too, they are great to play with and a good learning tool. I think I'll check out Phillips now too.

 

[Ostentum]

i bought apple at 360 a few weeks back and was as high as 420 and today is at 405, they also pay dividends. Done playing around with penny stocks especially with all the economy crap. I have gone back to buying stocks of companies who are significantly undervalued. I would say about 75% of the stocks out there if the company was to go under and you take all of their assets less liabilities, divided by the outstanding shares of stock the stock values are 1/2 of the liquidation value. Its pretty rediculous when you think about it.

If you really know what your doing you get into the shorting side. Then you make money when stocks go down.

 

[RR-MAN]

i bought apple at 360 a few weeks back and was as high as 420 and today is at 405, they also pay dividends.

Don't expect dividends anytime soon. I own Apple shares since June of 2001.

http://www.smartmoney.com/invest/stocks/why-apple-wont-pay-a-dividend-1319117037789/

 

[Ostentum]

No biggy anyways I have a sell order in for if it drops to 395, already up about 13% this month on Apple alone.