InterDigital Inc (IDCC): Mickybritt, The point remains ,stock dr...

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Re: mickeybritt post# 390226

Monday, 09/22/2014 7:21:24 PM

Monday, September 22, 2014 7:21:24 PM

Mickybritt,
The point remains ,stock dropped 17% in spite increase in dividend to 20 cents a share.

The company is unable to renew contract with Apple before contract expires.
The fact remains that Apple is going ahead and sold over 10 million units in 3 days.
The fact remains you , me and all outsider's share holder do not know if Apple is using IDCC patents in I-phone 6.
We do know that IDCC do not have renewal contract yet mean while Apple is making Billions and we share holders yet do not know what is fate for us. Is it going to be like Motorola or Nokia or others as we know.
IDCC got contract after so many years fight in court with samsung after spending millions of dollars and time. Our lawyers dont bring good results and legal expense continue.

Great product alone don't bring revenue and profit, but has to have good management.
Inside selling don't matter here. All these factors play roll and you see yo yo in idcc stock price movements.