OLED is in a race to reach pps of $75. What will happen after that?
We need to learn from NFLX - it will continue to be relevant and grow at high rate and therefore command a high PE. I predict a run to $100 by December followed by a 2 for 1 split, run up to $120 followed by a 3 for 1 split in 2017 and another run over $100 in 2018. Everything is in place for this to happen, including a cadre of short sellers who will bet burned.
2017: iPhone adoption gets 50%, tablets and laptops another 20% above that
2018: TV adoption gets another 25%, autos an additional 5%, Foldable phones an additional 20%
2020: Lighting gets another 100%
The hockey stick hasn't eve begun to form yet!!
Think one, two, five years into the future....similar to NFLX. The exponential growth ahead could support a trailing PE of 300 or more. I sold out of NFLX years ago, not thinking PPS was sustainable -- I was sure proven wrong. I will not make the same mistake with OLED! Headed to $90, split 2 for 1, back to $100, split 3 for 1 and back up over $100 - all within 5 years. Pie in the sky thinking?? It can happen!
I sold 1/4 of my position to fund 529s for my 15 year olds. It killed me to sell anything but I had to take some profits. If I had no near-term financial responsibilities I think I'd actually be buying more.
Prediction: shares run up to $85 by January 2017, split 2 for 1; to $110 by May 2018, split 3 for 1; run to $100 by May 2020. It can happen!!! iPhones, TVs, Autos, monitors and tablets, lighting....
Long and strong!