well... i am one of the victims here. my put spread is not nearly wide enough to cover this kind of drop... i am taking a bath this monday
its unfortunate i exhausted my capital today therefore can only add minimally.. at 22, it's really cheap.. cash alone is $5.. by now PE will come down substantially (30 times?).. i wish i have some dry powder.
btw, it's possible that IDCC patents is CDMA oriented.. therefore won't be much related to UMTS phone.. this is funny.. both of them are wide band technologies...
this case are purely based on lawyers... I don't think the judge is anywhere near technical (clueless)