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 Technology Stocks : PANL Universal Display Corp

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To: DaYooper who wrote (1547)8/9/2012 11:22:04 AM
From: slacker711Read Replies (1) of 1923
 


I sold my trading shares in the 37's.

I'll be very happy if the stock does break through the 200 dma and will likely reevaluate my trading positions if it does. The one thing that is always in the back of my mind when trading this stock is the enormous short position. Moves up and down go much farther in either direction than I have expected.

From a fundamental perspective, the big near-term catalyst will be the announcement of the Galaxy Note II at the end of the month. An unbreakable display will bring new attention to the advantages of OLED's and any comments about increased power efficiency may be interpreted as meaning that PANL's green is inside.

Slacker
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