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Re: olddog967 post# 417873

Tuesday, 06/20/2017 7:55:41 AM

Tuesday, June 20, 2017 7:55:41 AM

Post# of 432527
olddog, I understand the difference between the two earnings descriptions. This isn't new to me, but the trailing number is the one I use to compare one stock to another as I am mistrustful of projections in general. I guess I am imposing blindness upon myself by operating this way as the forward PE is the one that matters most to the daily SP.

This realization of my blindness leads me to believe that I was extraordinarily stupid by not selling on the recent spike as that temporary mark was way off the map using a forward PE and clearly not sustainable without major, (maybe multiple major), news to back it up. IDCC apparently will meander along here or even drop due to a, (perceived), overvalue by the street. No wonder there are articles pushing shorting. It's not my game but I understand the attraction right now.

This stock looks like salmon swimming upstream looks to a bear; catch the fish, eat the best parts, drop it and move on to the next fish.

Hoping like hell for some news, as usual.

Thanks for your time and cheers,
Toby
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