I TRADED $7,000,000 WORTH OF VARIOUS STOCKS LAST YEAR AND MADE A GOODLY AMOUNT OF MONEY DOING IT. SO, I GUESS I AM FAIRLY EXPERIENCE IN THE STOCK TRADING GAME. I RECENTLY SOLD ALL OF MY HOLDINGS IN IDCC WHICH AMOUNTED TO 14,500 SHARES...AND I DID SO AT A LOSS. LET ME EXPLAIN EXACTLY WHY I DID SO.
I HAVE STUDIED THIS LITTLE COMPANY FROM TOP TO BOTTOM AND HAVE CONCLUDED THAT IT IS BEYOND A RISKY INVESTMENT. THE ARBITRATION ISSUE RUNS VERY VERY DEEP AND CAN HAVE MAJOR NEGATIVE IMPLICATIONS DESPITE WHAT THE SELF SERVING STOCK SELLING TOP MANAGEMENT SAYS. THIS IS A VERY SMALL COMPANY ATTEMPTING TO BATTLE HUGE FIRMS WHICH IS AN UPHILL STRUGGLE AT BEST. IN ADDITION, THE 3G THING MAY OR MAY NOT HAPPEN IN THE NEXT FEW YEARS AND THE ENTIRE IDCC FUTURE IS HANGING ON 3G WHICH IS UP IN THE AIR AT BEST.
I BELIEVE THAT THE TOP PEOPLE AT IDCC KNEW FULL WELL IN ADVANCE THAT NOKIA WAS GOING AFTER THEM BUT DID NOTHING TO NOTIFY THE STOCKHOLDERS OF IDCC IN A PROPER MANNER SO AS TO PERHAPS PREVENT THAT HUGE DROP IN THE STOCK PRICE THAT OCCURED OVER AN HOUR OR TWO. FURTHERMORE, DO NOT PLACE ANY VALUE IN WHAT ANY STOCK ANALYST DECREES. IF ANALYSTS KNEW SO MUCH THEY WOULD NOT BE ANALYSTS WOULD THEY?
MY BEST ADVICE IS TO EVALUATE SELLING THIS STOCK AND PERHAPS TAKING A LOSS NOW RATHER THAN A MUCH BIGGER LOSS WHEN THIS STOCK DROPS LIKE A ROCK TO SINGLE DIGITS WHEN THEY GET ABSOLUTELY SLAUGHTERED BY THIS ARBITRATION. KEEP YOUR EYE ON THE STOCK SALES ACTIVITIES OF GOLDBERG AND THE EVER POPULAR IDCC CHAIRMAN BECAUSE THEY ARE VERY TELLING.....VERY TELLING INDEED.
WHILE IT IS A POSSIBILITY THAT THIS COMPANY COULD TAKE OFF, I FIRMLY BELIEVE THAT THE OPPOSITE IS MUCH MORE LIKELY TO OCCUR. THERE ARE THOSE THAT CONTINUALLY TOUT THIS STOCK AND THEIR MOTIVATIONS ARE SUSPECT TO ME. REMEMBER, WE ARE BY NATURE ALL SELF SERVING SO CONSIDER THE POSSIBLE MOTIVATIONAL ORIGINS OF PEOPLES BEHAVIOR VERY CAREFULLY. IDCC IS A HIGHLY RISKY INVESTMENT AT BEST AND PLACING SUBSTANTIAL FUNDS IN THIS STOCK COULD PROVE TO BE A MAJOR MISTAKE.
THERE IS A NATURAL PSYCHOLOGICAL TENDENCY FOR INDIVIDUALS WHO OWN THIS (OR ANY) STOCK TO SUPPORT IT AND TO IGNORE THE NEGATIVE ASPECTS. THIS OCCURS BECAUSE THE STOCK IS OWNED...COMMITTED TO SO TO SPEAK. DESPITE THE FACT THAT YOU OWN IT YOU MUST STOP THE WISHFUL THINKING AND STEP BACK AND LOOK AT IT DEEPLY. REMEMBER, YOU MUST LOWER THE STREAM IN ORDER TO SEE THE ROCKS.