It was January 2012, when we first wrote about Veeco Instruments Inc (VECO). The stock was in oversold territory and we played the calls for a nice profit on earnings. History has a tendency to repeat itself so we had our eyes on Veeco Instruments Inc (VECO) calls for Tuesday.
Here is our call in chat:
04-30 10:10:52 …Read More
Looks like the job mornings this morning will cause some selling pressure today. Will make some calls less expensive mid-morning. Also, the big Friday jobs report for April will be on folks minds today and tomorrow.
It was only 2010, when CREE and VECO were high flying stocks. It seemed like both these companies were going to take advantage of the huge demand for their LED products, among other things. There were multiple $100+ Price targets on CREE , and VECO started looking more and more undervalued. Fast Foward a year, to 2011, and you have 2 stocks beat to heck on lower demand, …