CREE

Anyone else own this?  Huge day today.  I think you really must be owner of this company for the long-term.  The LED revolution is simply not going away.  It is in its infancy and it is huge.  And CREE is the best of the best, and they are delivering.  Granted, last year in the teens, 20's, 30's, 40's, 50's were all better entry points, but the growth here is enormous.

This is one to buy and hold for a long time.  They will be to lighting what INTC is to chips.

CREE can keep going but has way passed its fair value given the current status of LED pricing and market participation.

The pricing hasnt been good enough to be cost effective enough to compete and take market share from other alternatives.

When do you see the pricing coming down enough to increase demand AND not have it dent their already soft margins? Current margins are sub 10%.

Price to sales and book are in GOOG and AMZN territory, yet their earnings growth isnt even close..

way past my range, maybe an options play.