InterDigital, Inc. Message Board
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Last chance for shorts to cover
Before it gaps up on accumulation by value seekers.
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The very low volume today is reflective of accumulation by longs.
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Yeah but that was before GOOG and AAPL strengthened their patents portfolios, and stock market was much stronger then. Factor in these facts and stock is $35-$40 at best.
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Shorts need more volume to cover, a lot of the the daily volume is new long. When the shorts start covering the stock would double just on their demand. Institutional longs are making money with both hands by lending stock to the shorts and then when the stock realizes its potential.
- 1 Reply to illusion8me
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Lots of volume is longs buying..really..then why is stock down big on a market up day..
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Oh, OK, no deal, but now it's a value stock? Are you familiar with the definition of value? Hint: IDCC does not qualify. This is a high multiple go go stock that is go going down for the forseeable future.
- 1 Reply to lindmeritage
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There is not one shred of evidence to indicate there is no deal. You are a one man clown show.
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