Tue, Mar 3, 2015, 7:26 AM EST - U.S. Markets open in 2 hrs 4 mins

Recent

% | $
Quotes you view appear here for quick access.

InterDigital, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • dukie_brown_jr dukie_brown_jr Sep 23, 2011 10:49 AM Flag

    Serious question guys:

    The only thing that I know for sure about this stock, is that it won't stay at 55. Fundamentally, this stock is not a 55 dollar stock, it's not 45, not 40. They have signed no new licenses, LG revenue is gone, and IDCC will certainly lose the initial ruling vs NOK. Earnings will be terrible, regardless of their cash postion. The ONLY reason we are here is the aura of a buyout.

    One only has to look at the premium of both puts and calls to realize this is nothing more than a crap shoot. GAMBLING.

    I mentioned a few weeks ago that I was looking for a market blood bath so that I could buy around 50. Now, I'm not sure I would even nibble there.

    I will wait. If earnings come out prior to a take-over, this stock will get crushed and then I will nibble. If the buyout occurs and something is annoucned, I will nibble. Why? Becuase I will play the chance of a bidding war.

 
IDCC
54.06+1.19(+2.25%)Mar 2 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
JD.com, Inc.
NASDAQMon, Mar 2, 2015 4:00 PM EST
NXP Semiconductors NV
NASDAQMon, Mar 2, 2015 4:00 PM EST