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InterDigital, Inc. Message Board

  • sjo4c sjo4c Sep 21, 2011 8:45 AM Flag

    wednesday 9/21 morning

    looking like it'll gap up about .50c at open......and tank again. obviously

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    • i was off by .10c at open.........and it tanked all day after AM predictable.

    • No. Yesterday it hit the very bnottom of it's current tading range. 58.65. It will probably go back up to 64 and even 70 in absence of news, and I am betting higher on news. Everyone knows the Patents are worth at least 4 billion - and competitive bidding could deliver good premium. So many huge, deep pocketed companies are involved in patent wars right now it is a very favorable time to put them up for auction. Excellent strategy. Anyone buying the patents might be considering buying the entire company to continue generating them. They have such a high class R&D team. That is their strength, even more than management. I wonder if we wind up with cash and stock swap and they become a fully owned subsidiary of another company and some of the management get generous packages. Everybody wins, including shareholders of course. Management is stepping up and doing the very right thing.

      • 1 Reply to jackgotney
      • Yes, I agree. Potential suitors have a total of 300 billon in cash & this sector is in a bull market.

        The price could still go lower since the manipulation is in motion and there is also a strong short position that has to be defended. There are 8 millon shares short (18& of float).

        We have to remain focused on two basics:

        1.- a quality Co. with very attractive assets in a white hot sector.
        2.- money flowing strongly into the share regardless of the day to day ticker price of these past weeks.

50.95-0.69(-1.34%)Oct 6 3:59 PMEDT