Its funny. There is a ton negative talk due to the current stock price. However the stock is in the same spot it was 5 weeks ago. It has been trading between 43 and 52 for over 5 weeks.
I repeat, it is trading in the same range. It is the same price it was 5 weeks ago.
The longer it goes without announcement the more likely a positive result will occur. Such exploration is non productive for the employees. So if a long drawn out process is counterproductive then IDCC would like to get back to business as usual quickly......unless the buyout is real.
Some people here are saying idcc never even got a real bid for the entire company. Lol. Why would the BOD keep their entire company on pause for 4 months and effectively hurt their productivity if they have no real interest???
Geez. Just wait for the king of prussia press release. Is it that hard?
Very good observations, Familyfirst. If nothing was going on, the Board would have concluded this process long ago.
The delay is maddening, but is actually a sign that progress is still being made.
Those tweets about senior tech / employees hit the street hard looking for work is very bullish IMHO.
I think they see the end is near and it involves a transaction hence the desire the to start looking early. If they believed it was hopeless...then their jobs would be safe...but for some reason they all started hitting LTE Watch guy for work.
This is to me, the only true positive, unbiased signal from this whole story so far.
Yes, Familyfirst, it is hard, but it is reasonable. So, we all need to keep thinking, and dismiss unreasonable worry, because reason is on our side. How, reasonably speaking, are we not going to get bought out at double, or triple, or quadrupole our current price?
Since July 2011, a fantasy story until it happens. It's now 5 months and counting. Maybe in 2012 results of go/no go deal.
Those buying IDCC at 65-85 holding out as its stock price has gone to the 40s.
Lower stock price kinda feels like it will not happen.
This kind of silence is hard to maintain, whether good or bad. But especially bad news because people can smell it. Coworkers and colleagues can feel the dissappointment and negativity. This is why drawn out processes are highly discouraged so as to not to effect employee morale.