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InterDigital, Inc. Message Board

drvermin 30 posts  |  Last Activity: Dec 11, 2014 1:19 PM Member since: Dec 26, 2007
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  • drvermin drvermin Dec 11, 2014 1:19 PM Flag

    Splitting stocks has become way out of favor in the last decade or so. Stocks used to split because people had to buy blocks of 100 shares and so people stayed away from expensive stocks. Now anyone can buy 1 or 100,000 shares of a stock and the cost is low. So the cost of stock does not matter. Also, the smart investors understand that 1000 shares of $1 stock is the same as 100 shares of a $10 stock is the same a 10 shares of a $100 stock. Price does not matter. People did not understand that for decades, now they do. Finally it is believed that higher priced stocks keep the "retail" investors out because they think anything over $100 for a stock is just too expensive. Companies can let their stock price run and actually get more stable stock prices. Look at 3M, it always split when it got to around $110-120/share. It is trading at $160 and has not split. Oh and lastly the cost in book keeping costs to split a stock is high. Companies figure it is not worth spending that money just to keep a few uninformed investors happy and buying their stock.

  • Reply to

    Keystone Pipeline Now Going Through

    by bottomlinefury Nov 12, 2014 11:10 PM
    drvermin drvermin Nov 20, 2014 4:14 PM Flag

    This is part of what a Canadian wrote to one of our papers: Consider, right now in America, corporate profits are at record highs, the country's adding 200,000 jobs per month, unemployment is below 6%, U.S. gross national product growth is the best of the Organization for Economic Cooperation and Development (OECD) countries.

    The dollar is at its strongest levels in years, the stock market is near record highs, gasoline prices are falling, there's no inflation, interest rates are the lowest in 30 years, U.S. oil imports are declining, U.S. oil production is rapidly increasing, the deficit is rapidly declining, and the wealthy are still making astonishing amounts of money.

    America is leading the world once again and respected internationally — in sharp contrast to the Bush years. Obama brought soldiers home from Iraq and killed Osama bin Laden.

    So, Americans vote for the party that got you into the mess that Obama just dug you out of? This defies reason.

  • Reply to

    Less than a month

    by robynrokn Nov 12, 2014 10:31 AM
    drvermin drvermin Nov 12, 2014 1:53 PM Flag

    They would have to be pretty dumb to short this stock in the first place. It is so easy to just go and see the lines and know where the stock is heading.

  • Reply to

    FDA word on ABBV and ENTA approval date.

    by big510eb Nov 12, 2014 10:49 AM
    drvermin drvermin Nov 12, 2014 11:13 AM Flag

    That is true, but the FDA runs the way they want' and they don't give a rip about the companies submitting the NDAs. Their job is to do a thorough review of the data and make a recommendation. They don't care about a companie's shareholders.

  • Reply to

    FDA word on ABBV and ENTA approval date.

    by big510eb Nov 12, 2014 10:49 AM
    drvermin drvermin Nov 12, 2014 11:06 AM Flag

    My wife has worked in clinical operations for various drug companies for 20+ years. The FDA never tells of any approval (or disproval) date. Companies once in a while get an "expected" date from the FDA, or more often than not the FDA runs up against the clock based on when the NDA was submitted. In those cases the FDA has to say something, either up or down on that drop dead date. And nobody off the street cold calling the FDA is ever going to get any information about a date.

  • Reply to

    Less than a month

    by robynrokn Nov 12, 2014 10:31 AM
    drvermin drvermin Nov 12, 2014 11:01 AM Flag

    I wonder how many shorts did not cover and are not kicking themselves.

  • drvermin drvermin Nov 3, 2014 1:55 PM Flag

    Police are forbidden from accepting favors like discounts out of a fear they would favor one establishment over others, and thus neglect others. Nice try, but if you had done two seconds of DD on the issue you would read about this.

  • Reply to

    Noontime observation of a GoPro purchase

    by drvermin Oct 31, 2014 2:13 PM
    drvermin drvermin Oct 31, 2014 3:09 PM Flag

    This guy sounded like he was buying it for hunting of all things. He sounded like he wanted to be able to turn in on and record his hunting. I can see the PETA having a snit fit about that, but hey, his money, his time.

  • Reply to

    Noontime observation of a GoPro purchase

    by drvermin Oct 31, 2014 2:13 PM
    drvermin drvermin Oct 31, 2014 3:07 PM Flag

    I diasgree. I got my first iPod after seeing one in the store and I just knew I had to have one. I did not know what it really did, but I wanted one and I got one. Same with my first iPad. Now I have 4 and will probably be adding a 5th because the 1st generation one is a dinosaur.

  • I was just in Cabella's in Woodbury, MN and as I strolled past the GoPro display I saw a guy holding a Hero 4 Black and he was obviously puzzled. The sales clerk who was all of about 20 was also puzzled but he was trying to help. I stopped and told them I had 2 GoPros and asked if I could answer any of their questions. The potential purchaser asked me a bunch of questions and it was obvious he knew nothing about the GoPro. Zero, nada, zilch. I helped him pick out the accessories he needed (card, floaty back door, tether straps, external battery charger and battery, helmet mounts) and he was tickled I could help. I also then told him about GoPro Studio and I recommended he spring the ~$120 for Pinnacle Studio or something similar for editing. I got out my phone and pulled up a Youtube video I have of me and showed him how I put it together with GoPro Studio. He was hooked.

    It was a total surprise to me that someone who knew so little about GoPros was ready to buy one, and in just a few minutes he was plunking down over $600 in camera and accessories. He commented this was for him and he was interested in some of the cheaper models like the Hero 3+ for his kids for Christmas.

    I own a wadd of GoPro stock (sold half with a 100% gain) and based on what I saw today, it will be a while before I even think about selling it.

  • Reply to

    how HIGH can she go........

    by protaser Oct 31, 2014 9:28 AM
    drvermin drvermin Oct 31, 2014 10:16 AM Flag

    Walmart had an insane PE for over 25 years. NEVER ever was the stock valued according to traditional values. Yet, people that believed made off with 10,000+% gains.

  • I wonder how many shorts covered at or near the low? I also wonder how many kept waiting for the last buck or two more down and are now sitting looking at the screens going what the heck happened to my profits? This stock is a freight train and never, ever get in front of a freight train. Especially one where it is so easy to do due diligence and know which way the trend is.

  • drvermin drvermin Oct 21, 2014 11:51 AM Flag

    A year ago that $40 drop would have been an easy 1500-2000% gain. I once held $0.05 puts that went to $23.80 the next day on a $50 drop. People are now expecting swings so the easy money is now gone.

  • drvermin drvermin Oct 21, 2014 10:40 AM Flag

    I just noticed that myself. This kind of a drop used to be a gold mine for puts, but nothing, and I mean not a single put has gained all that much in value. A drop like this used to make some puts go up 1000%, not this time.

  • drvermin drvermin Oct 20, 2014 2:01 PM Flag

    If you sat in a restaruant and counted customers and then multiplied by average cost (I use $9) you would see the numbers are a cake walk. Figure a 2 hour rush at lunch, 120 minutes x 2/minute x $9 = $2160. Dinner rush same thing = $4320. Times 30 days = $129,600 which I am sure is high. But even half of that is about $64K. And that does not account for the orders I see placed by internet or the big honking boxes going out to offices during the lunch hour. I witnessed many $300+ orders and even one that was $1100 once during one lunch hour.

  • Reply to

    you are protected if you did a stop loss

    by reeversma Oct 15, 2014 4:17 PM
    drvermin drvermin Oct 15, 2014 4:20 PM Flag

    No the opening trade will be below the stop loss. The stop loss only means you get out at the first trade which could be well below the stop loss.

  • Reply to

    HERO4 Black Temporarily out of stock

    by hdhdhfhurf Oct 14, 2014 11:21 AM
    drvermin drvermin Oct 14, 2014 12:30 PM Flag

    Classic B-school 300 level class trick. Develop a new product and test it about as best that you can on short notice. Have China manufacture enough to fill the distribution channel. Sell the product and closely monitor the forums for problems. As the problems are spotted and talked about have the R&D team fix them quickly and report to China what changes need to be made. After a few weeks, release production in China for second batch which are now better than the first batch because the actual users found the problems.

    I first heard about this ~15 years ago in B-school and now I see it more and more. No company will admit that they are doing it specifically, by you will see new product released, the backorder hit, or they will say they are having "manufacturing issues" and that is designed to give them enough time to fix what the customers are grumbling about.

  • Reply to

    really? single ski accident cost 10% of gpro?

    by heejakwon Oct 14, 2014 8:27 AM
    drvermin drvermin Oct 14, 2014 9:52 AM Flag

    The helmet incident has nothing to do with the pullback. The pullback was just the overall market and the stock needing a pullback. I used to work on the very adhesive foam tape used on helmet mounts. The adhesive is not as strong as the plastics used in helmets. The brackets used to mount GoPros are also not as strong as the helmet shell materials. So in a crash either the adhesive is going to give way or the bracket holding the camera is. Because the helmet broke, it obviously was the point of contact and either it had a flaw in it (that does happen) or the crash was spectacular and hard against the object. I have all manner of helmets for my sports and I know a person that works in the industry. He tells me that nobody at all in the sport industry tests their helmets to ASTM standards. Go ahead, look on ANY sport helmet and find the ASTM reference number. On most helmets you cannot find it, meaning, the helmet was not tested. Yet, pick up a construction hardhat and you will find the number inside on the label. So, flat out the sport helmet industry is cheeping out on testing because they know their helmets fail too often.

    http://www.astm.org/SNEWS/SO_2009/smith_so09.html

  • Reply to

    Where is fish?

    by master.investor Oct 8, 2014 6:27 PM
    drvermin drvermin Oct 13, 2014 2:11 PM Flag

    Fish and I kind of moved on to other stocks. I got out of ISRG a while ago and have been waiting for a time to get back in but do not have the confidence to get back in just yet. I've been cleaning up on GOPR and watching ISRG carefully.

  • drvermin drvermin Oct 13, 2014 9:11 AM Flag

    Corn prices, a principle feedstock of chicken and pork (and cows to a lesser extent) are dropping like a stone. Farmers all waited until the last minute to sell last year's crop hoping to get a better price. I saw silos all over around me full up until a month ago. Now with the new crop being harvested they are forced to sell last year's crop at rock bottom prices just to make space for this year's crop.

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