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Technology Stocks : Cree Inc.
CREE 34.770.0%Dec 8 8:10 PM ESTNews

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From: Ixthus10/21/2016 5:44:11 PM
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Yesterday Director John Replogle purchased 5,000 shares, and today CEO Charles Swoboda bought 10,000 shares. They are trying to tell you something. Go to your local Home Depot or Lowes and check out the light bulbs. You will see new displays and new packaging for Cree's LED bulbs. But more importantly Cree's LED bulbs are now the same price as incandescent, dimmable, available in soft white, and last 20 years. Once the consumer catches a whiff of this they will sell out. I believe this quarter will be the turning point for CREE.

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