InterDigital Inc (IDCC)

[sab63090]

You are aware, I'm sure, that often hedge fund traders buy calls to protect their short positions as insurance. That convertible bond issue almost guarantees that they are out there stealing retail money. My thought is that the stock broke the 52 support level which held on 2 prior spikes down. I might well try a long position again around 49-50 should it happen, since support shows up there.