Removal of Simonson may be a turning point. (I am a first time poster, but have been a shareholder for 15 years. I retired from the stock brokerage business recently and am now able to post.) It is my considered opinion and firm belief that Simonson has been instrumental in the years-long "capture" of IDCC's stock price. The basis of my opinion goes back to his totally inappropriate comment about IDCC's stock price when he was asked to comment on the "substantial progress" statement by IDCC. It was something like "I am not as optimistic as the market seems to be". Has anybody ever heard a CFO of a major international company comment about the stock price of a company with which he is negotiating? IMO, he gave himself away with this comment.
Some might say "well, how would this 'capturing' be accomplished"? I believe that a good percentage of the posters on this board understand how, but for those who don't it goes like this: hedge funds would utilize options, naked short-selling, shorting on down-ticks, and equity and options market-maker exemptions to move the stock to wherever they want. In addition to keeping the stock where they want it, a side benefit is the "maximum pain" concept, the result of which is the unlikely yet totally predictable expiration-date close of the stock price (within pennies of a strike price). There is no doubt in my mind that this farcical manipulation of stock prices has been going on for a long time. Not just in IDCC, but many other small to mid-sze companies.
As I mentioned, the possibility of Simonson orchestrating this is just my opinion. If the weight of this manipulation on IDCC stock price abates in the near term, that may shed some light on the issue.