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Universal Display Corp. Message Board

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  • quit_is_my_middle_name quit_is_my_middle_name May 10, 2011 1:51 PM Flag

    Wow - glad I took profits on the way up

    This was an excuse to sell. Many people though tit was over valued. this was the reason to get out. so many people made so much money, why not take some profits.
    this thing spiked to 63 less than a month ago.
    honestly I think 20-30 is reasonable value based on risk reward at this point. this company may never be hugely profitable. they may only get 1% in royalties and screen volume may never be as huge as all those guesstimates.

    so if you are long, who cares about day to day. unless you want to buy more. but if it was me I would wait a few weeks and see where the dust settles.

 
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