Bottom Fishing

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The stock has been under pressure most of 2012 and has been a winner most of 2011 what will happen next year? Negative cash flow is a big concern and the negative revenue growth YOY while CCREE has a positive cash flow as well as a positive revenue growth but VECO has better return on equity than CREE. I would like to go long CCREE rather than VECO but I have a positive feeling that VECO will be a winner 2013. If you decide to take a long make your stop loss at recent swing low $26.15 with target price of $ $37. Join us if you are option trader woowtrading.net

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