... is to be believed, that "consortia" (ie. more than one consortium) are being formed, we can all take heart. This is exactly what happened with the NT purchase. Most bidders entered as solo entities, but as the process progressed they all began scrambling to jump into bed with each other. GOOG tried unsuccessfully to find any cohorts, while we all know the names that came together to form Rockstar Bidco, the eventual winners.
As I have said from the beginning of this process, you must read the tea leaves ... and none of this would be for the faint of heart!
Another "paid" expert:
"Great Patent Boom On The Wane"
By David Manners on September 28, 2011 2:29 PM
... Google's $12.5 billion bid for Motorola Mobility, following on the $4.5 billion sale of Nortel's patents, and the $9 billion valuation put on the value of Alcatel'-Lucent's 18,800 patents got the board of InterDigital all excited about the prospects of cashing in on its 1,300 patents....However, waning interest has seen a fall in InterDigital's share price leading to market cap of $2.6 billion at the end of last week and $2.3 billion yesterday..."
That is the way the market works in the back rooms, from where the bear attack was orchestrated.
DR is used to diseminate BS as the excuse to open an attack, as has happened to IDCC.
The attack is justified as a reaction to the news from DR and DR won't make public its sources, which are usually the interested parties who want to do their thing.
Another, though very stupid, trick is to have paid bashers posting day in and day out in boards like IDCC.
Market makers can see ALL the stop losses there are in the shares where they make a market. The amount of shares and the trigger prices to get them.
I am sure there are many other tricks that can be played.
That IS the way the market works at a certain level.
While the banding together of interested parties is good news, lets look at one line in that recent forbes article:
"A source close to the transaction tells Forbes that the company indeed has received bids in the $1 billion to $2 billion range, but that the offers were not for the whole company, and could actually be additive."
In other words, those bids were for parts of IDCC. Perhaps just a basket of patents.
I look at this as bad news. If the company gets, say, 2 billion for some group of patents then the company will keep that money. It will not get reflected into the share price and we get screwed.
Well, the shre price should reflect that cash. On the other hand, the tax consequences of such anundertaking would be horrific. Furthermore, if IDCC issued a special dividend, you'd be taxed on that a second time. Basicially, IDCC would only consider doing this to placate shareholders in the event (which I believe to be the case) that there are no acceptable offers for the whole enchilada.
No offense, but I've been reading your posts and every one of them is full of doubt, doom and gloom about ever recouping your $$. I have no axe to grind with you or anyone here, but I've seen this a million times...soft bashing in the face of potentially good news. Who do you think you're fooling?
true caveman..I don't think IDCC had to indicate consortiums in their press release.....and yes, it seems like they are finished with the feeling up stage and things are progressing into more serious actions.