QTMM is a long-term buy and hold despite the curre
Post# of 22456
The closest comparable to QMC is UDC which leads the phosphor market. If you check their 20 year chart (#OLED), they did not take off for about 10 years while the Display phosphor market developed. QMC is at a similar inflection point after 10 years as the quantum dot market has matured and is poised to take off and become an $8Billion market by 2023.
After 20 years, they are still only about phosphors for displays and their stock is over $100 with an 83 P/E. Not bad!
QMC will replace phosphors with quantum dots in the next few years and Squires is pursuing a licensing model similar to UDC. QMC will take a chunk of that $8Billion market.
QMC has a Quantum Dot Light Emitting Diode (QDLED) with 7-8000 hours tested and no degradation. That is a second market for QMC, one which will be bigger than displays,and they can duplicate UDC in that industry. So now we have two companies. QMC Display and QMC QDLED. Twice as big as UDC. $200?/share?
And then Solar will be bigger and a longer market than displays and LEDs. Have you read Squires 2009 article on how QDSC is the only way to meet global warming head-on? It will be the biggest because the world needs 16 Terrawatts of renewable energy by 2050 so QMC willl be like the Energizer Bunny and going and going... That's two more UDCs.
Squires obviously thinks long-term. By expanding into other vertical industries and duplicating the UDC licensing model, QMC can do well by doing good.