Bullish on OLED Screens
I bought OLED @ $135.10 in my spec account. This sector is simply too hot to ignore. 10’s of billions of dollars are expected to pour into the supply-side of this technology over the next few years as Samsung, LG, and the likes battle it out for market share. Note that Apple currently buys the OLED screens in their new iPhones from LG.
In other news, PEGI just raised another $190 million in a secondary offering, sending the stock back into the $23’s. This is very bullish for the company, as they will use the capital to expedite growth in what has been proven to be a working model. I took this opportunity to sell out of T and reallocated those funds into PEGI, adding more at $23.60. Expect the divvy to be raised again real soon.