Actually so far he has been accurate. But that all flies out the window once IDCC sells for more than 70 dollars a share.
It is going to be hard to determine if Lind was right or not if there was no sale since we will never know what IDCC turned down. Or even if they had an offer to turn down.
But make no mistake. Any offer and sale over $70 dollars per share makes LIND out as a complete idiot. Which is where I am putting my money. I stand by my statement that Lind is a fraud and a liar. And any deal over 70 PROVES IT!!
Wrong again. For whatever reason, you seem to read (or pay attention) only to those comments which portray Lind as someone who has an absolute postion that IDCC will remain independent.
He has noted on numerous occasions that while currently out of the stock, he still looks for a reason to go long again - the last time only two days ago. Given a valid reason, he could be in a position to enjoy a second gain. At any rate, even if IDCC does sell more 70 or more, calling someone an idiot because they chose to take a healthy gain rather than watch the stock decline isn't exactly the most rational statement.
Posting one link to a person who has posted 100's of times in the last couple months is useless. I know exactly what lind has said and what his positions have been. I stand by my statement. Also I am up far more than Lind having been accumulation this for over 4 years.
Now once you read everything he has said about this over the last few months you may come discuss it with me if you wish.
Lind sold his shares at $65, but before he did that he wrote option premia against those shares equal to $22 per share. Therefore, unless there is a deal for more than $87 per share (Lind's effective sale price), Lind was 100% correct.