CREE...fast money : Joe t. said CREE will go north of $60.. Adami even likes it. He is usually more conservative. RMBS...higher than $25.5..ver strong AH on settlement...
RMBS: Beside initial $200 millions, they will get $25 millions per quarter which is about their quarterly revenue for 5 years. This is huge to me.
CREE..guidance is also oustanding.. Co issues upside guidance for Q3 (Mar), sees EPS of $0.41-0.44, excluding non-recurring items, vs. $0.28 consensus..."