That's what will happen. Any day we'll get the news that IDCC was sold to Google or someone for $5 billion or more. Shorts will be trapped.Fair warning.IMHO
i am not trapped ...
You're right..they have the greater risk..IDCC was doing fine before the rumors...good cash reserves and revenues..and THOUSANDS of patents in for approval...SHORT is a VERY risky move..
Imagine if a deal gets announced. IDCC will probably suspend trading first and then shorts will have to scramble when it opens again. IDCC will end up going higher than the offer for a short time while everyone competes to get scarce shares.IMHO