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InterDigital, Inc. Message Board

  • downstock downstock Apr 27, 2012 4:04 PM Flag

    Thread carefully with IDCC

    Even though I think it may be approaching its bottom, that does not me it will bounce much from these levels in the near term. The risk of buying IDCC now is that you are missing out on the huge market gains of today while possibly hold dead money short term. Just look at PANL for example which shot up to $45 today. Or a stock I own OPWV which shot past $2.60 today and is near a 52 week high. I see no problem with nibbling a bit at these levels, but until there is a positive catalyst here, I'd defer most of my money elsewhere.

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IDCC
55.29-0.82(-1.46%)May 4 4:00 PMEDT