HOUSTON...we are nearing contact...all systems go!!!

this is i think either the 3rd or 4th convertible bond that idc has issued...there has never been an exercise of the convertibles previously....not even at the base convertible rate...much less the hedged out rate......maturity is 15months from now

glen...point and figure were the original charts....one of the guys i learned from had handmade 10yr long p&f chart of the 30 yr treasury....he would almost comically unfurl the chart across 4 desktops....in the hour before money supply would come out....which in those days was 4 oclock on a friday afternoon....mercifully they later moved money supply reporting to thursdays!!!

the buyers have definitely found some supply at these prices....question is....are the buyers new to idcc....or is it the shorts being dragged kicking and screaming!!!

it seems that the price objective moves higher....everytime we make another point without a reversal occurring

Oreenos is a slow process....this is more like goose shit flowing through a trombone....fast and furious!!!4

Glen ..they've found prices where shares are trading freely...ironically ...withing spitting distance of this years highs...it's the line of scrimmage now...everybody take a deep breath....and if you're into the fight....buckle up your chinstrap......and let's rock n roll!!...

Nope...not at this point....they squeezed them a "little bit"...now it seems like the market has become more balanced between supply and demand...stay tuned...I'm really excited about what's coming next!!!

Nah ...not my style...I'm a simple man...recently discovered Clyde Mays Alabama style whiskey...I call it the Willie Mays whiskey!!!...cheers to all my idc buds !!!!

Oh krap ..96 in ah....now I have to really start drinking!!

its getting a little silly out there right now...margin clerks in action taking no prisoners

gamco...anything deep in the money has already been theoretically excersized ....as the price powers higher...the need to hedge by the options market makers increases...as the delta of the options approaches 1

could be a put seller...which is technically a long position...even though out of the money....if a professional was the buyer of the puts on the other side of the trade...he would have to buy some stock to hedge in a ratio vs the long puts

Vegas...re gamco options post...put buyer or put seller??

looks like the buyers have found some supply since yesterday afternoon....although it has come at a price !!

its anybodys guess....games are being played....shorts covered about 250k shares in the period ended 10/31....still nearly 3 myn...this recent move seems to have taken them by surprise.....they might have to short some more to surpress price

up 2.5 points on 119k shares at 1.40pm..

High close for this latest "cycle"....supply is getting tighter.....as the company continues to ..."Shrink"...it's the biggest buyback in history......find me another company who has shrunk the available supply by 60 pct since they started buying back stock

days to cover is as large as its been...over 15...because of the extremely high institutional interest 100+%....its still easy to borrow....sometimes thats the biggest trap of all....if youre borrowing shares "on special"....it makes you pause before shorting more...not so much when they are freely lent

big cat....its not like they can just pack up and leave.....id like to think of it like the scene in the movie bronx tale...."we asked you politely to leave....now you cant leave"

You would have thunk da shortz could have done better on a blah Monday with avg volume...c'mon you guys...put up a fight at the line of scrimmage.....J E T S....jets jets jets...first place on the line!!!!

5 o'clock charlie....burning down the house!!!

we flipped the point and figure chart...went from a bearish price objective of 64...to a bullish price objective of 102

https://stockcharts.com/freecharts/pnf.php?c=IDCC,PWTADANRBO[PA][D][F1!3!!!2!20]

big cat...i think you have the wrong read on that....the shorts have gotten periodically torched for short intense periods of time since 1999...including earlier this year...im a long....im not a trader....i have sold all along the way....im pretty happy about the whole trip...even though its been an incredible rollercoaster ride.....but you have to admit...we're in a pretty good position right now...maybe for a final confliguration of our long time enemies...DA SHORTZ!!

shorts are being moved into the "shooting gallery" for margin call time...welcome to the longs "happy hour"

shorts won the "quiet period"....the news flow today ...ends the quiet period......buyback was strong...sharecount now 25myn...shorts 3.3 myn....average volume 250k...we're barely there now on todays volume....and we are up 5+ points....id call that a very inelastic supply curve of stock

signed lenovo...and a big beat on earnings....its rock n roll time!!!

vegas...was there large open interest in any specific options

Oh boy. .I think our friend Charlie is back...big vol at the end.. after hours report...stand by for tmmrw!!

Oh boy. .I think our friend Charlie is back...big vol at the end.. after hours report...stand by for tmmrw!!

there we go...share count probably down close to 14% in last year or so....dividend now up 14%....simple math is the easiest to understand

You can't always get what you want...but this crazy ass stock has made me a bunch of dough...since 1997...no regrets...no remorse...I'm here until it ends at this point!!

Big ups...low volume...sellers exhausted?....shorts are still staring at 26myn and going lower float ...vs 3.3 myn short......top stocks looking to rollover...after latest excesses...time for idc to resume as a good bad mkt stock....charlie can you hear me!!!!

monty...i think they should have already increased the div by 10%....just based on the tender offer alone....either way they are returning money to shareholders via buybacks...the converts play into the whole equation also

cat....AND THEN???

i would have thought there would be more volume...down 3.50....and it seems like a nothing day

Da shortz gave a good effort today...they came off the line...early and strong...with a good ground game...we regrouped at halftime....and came back just short of even...tomorrow is another day of practice.

a savvy old trader told me...its the situations where stuff is easy to borrow....that tend to put the shorts in worst places..

vegas...they may not be at max pain...but they sure as heck are in the meat grinder

Vegas....he started with zero credibility....it hasn't gone up from there