Universal Display Shares Popped: What You Need to Know

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Universal Display (Nasdaq: PANL  ) rose more than 14% in early trading amid a massive increase in options activity.

So what: According to market tracker tradeMONSTER, Universal Display had seen an options trading volume 396% above average at the midway of the trading session. We can’t be sure what the activity means, but the underlying boost in the shares could mean Big Money investors redeemed in-the-money calls for shares.

Now what: Either way, it appears Wall Street’s big names are getting behind the stock in the wake of a Goldman Sachs upgrade. Sourcing deals with Samsung and LG Display (NYSE: LPL  ) may also be fueling enthusiasm. Do you agree? Disagree? Please weigh in using the comments box below.

Interested in more info on Universal Display? Add it to your watchlist.

Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He didn’t own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.

Motley Fool newsletter services have recommended buying shares of Universal Display. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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  • Report this Comment On September 13, 2011, at 4:23 PM, slyletter wrote:

    I've been on this stock since the $6 mark. This technology, both lighting and display, is inevitable, and Universal Display is in an excellent position to take advantage of this trend that the big firms are finally recognizing.

  • Report this Comment On September 13, 2011, at 10:02 PM, blimey1 wrote:

    When will this company begin to make a profit?

    And their revenue is next to nothing - less than $16M in 2009?

    Goldman is doing a great job pumping the stock - with little tangible evidence to work with.

    I hope retail investors realize how important a bird in the hand is...

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