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InterDigital, Inc. Message Board

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  • tonyforgoog tonyforgoog Aug 14, 2009 5:36 PM Flag

    Hating the silent treatment

    well... first u shouldn't act on it because some guys on TV talked about it. Many times I found they don't know much about the co., especially option guys.. they just look at the vol and transaction. many transactions could be for totally different reason, e.g. hedging shrt position, buy-write, etc.

    IDCC is a good co. i have been looking and missed a big part of the move. nonetheless, i just add a little more today (missed the 27-28 range) with some put spread.. my guess is this co still can ride this mobile internet era for a while.. also with some cash in hand. it's a very decent company. if they win NOK case, 35 is the next target, if not we'll see 25..

    btw, i would normally take the kind of drop in the AM as a bad sign, but since it bounced of the 27.xx support on the spot, it is very encouraging.

40.00-0.05(-0.12%)10:50 AMEDT

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