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MBAC Fertilizer: There's Value in Growing Food
By Cara Jacobsen, D3 Family Funds
Blind Faith
By Steven Romick, First Pacific Advisors
A Small Cap Biotech That is a Cash Flow Genera
By Tim Eriksen, Eriksen Capital Management
Residential Housing Presents a Compelling Inve
By Jeff Pintar, Pintar Investment Company

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THIS MONTH'S ISSUE

Bears Light Up Universal Display
By Jeff Uscher

Universal Display (Nasdaq: PANL) has been hammered by selling since it announced disappointing third quarter earnings after the close on Wednesday (11/07/12). As reported by colleague Scott Rubin, the shares were trading at $19.45 after hours, down a whopping 42 percent from the close of $33.40. During regular trading on Thursday, the shares hit a low of $21.55 before rebounding slightly and stand at around $23.20 at midday.

Universal Display announced a third quarter loss of $0.12 per fully diluted share compared to a profit of $0.12 per fully diluted share in the third quarter of 2011. Third quarter revenue fell to $12.5 million from $21.8 million a year ago largely due to declines in materials sales and royalty and license fees.

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