InterDigital Inc (IDCC)

[Desert dweller]

Is IDCC any different today than it was last Tuesday when we hit $27.50? Has the company issued any negative press since then? On the contrary, they presented a very good discussion to Piper Jaffray on Wednesday and here we are complaining because the stock price is down. It never fails, price goes up everyone is fat and happy, price goes down and we we start to complain.

I believe yesterday's sale coupled with additional sales that most surely will be reported soon based on the past history of multiple sales spread over multiple days, will have a short term negative impact on the price of the stock. The short sellers at $27 win again. Let's vote to give more options to management so they can help the shorts make even more money in the future.

Obviously the sale yesterday is not the only reason for the decline in price but if we witness another drip torture of additional sales being reported over the next week you can be sure that the shorts will be rejoicing as the stock weakens further.

IDCC's prospects are no different today than they were a week ago. The only difference is the stock price and long term it will be viewed as another buying opportunity. Stocks don't go up in a straight line. We will get past this again as we have recently.