Orlando, FL -- (SBWIRE) -- 10/02/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Silvercorp Metals Inc. (USA) (NYSE:SVM), Universal Display Corporation (NASDAQ:OLED).
Silvercorp Metals Inc. (USA) (NYSE:SVM) shares declined 3.67% to $3.15. The company, on Sept. 16 announce an addition to its senior management team. Lorne Waldman, MBA, LL.B., has rejoined the Silvercorp team in the role of Senior Vice President after taking a one year sabbatical. Mr. Waldman, who has 16 years of experience in management of North American listed companies with operations in China, served as Silvercorp's Corporate Secretary from 2007 to 2012. Prior to that he held a senior management position with a NYSE listed electronics manufacturer.
Are investors worried about the recent updates with SVM? Find out with a free trend analysis HERE
Universal Display Corporation (NASDAQ:OLED) shares declined 3.65% and closed at $30.86 in the last trading session. On Oct. 1, Canaccord Genuity downgraded Universal Display from Hold to Sell with a price target of $19 (from $30). Analyst Jonathan Dorsheimer made note of increased Asia competition and TV pushouts.
Importantly, checks by Canaccord Genuity showed Samsung and LG Electronics have development programs to manufacture their own phosphorescent materials, which they could begin using when Universal Display patents begin to expire starting in 2017.
Additionally, the company presented at the Oppenheimer Emerging Innovations Conference on September 17, 2013 in New York, NY. To see how Universal Display is changing the face of the display and lighting industries with its UniversalPHOLED®, white OLED and flexible OLED technologies, please visit the company at www.universaldisplay.com.
Is OLED going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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