InterDigital Inc (IDCC)

[The Count]

No, I don't think so.

At the very least, I think investors should be able to get as good a share price as the insiders who sold, don't you?

If you want to get what the insiders got, sell today, you've achieved that. Investors have to make there own decisions on when to buy and sell. If they make good decisions they profit, if they don't, they lose. That is not the company's responsibility.

There is no rational reason for IDCC to try to support the share price at $35 through a buy back. Management's job is to support the price by creating revenues and profits that make the stock worth $35 and more. They are also trying to increase value by buying back shares. The cheaper they can get them, the more shares they get. Seems pretty straightforward to me. At some point the $200 mil will be spent and there will be some weakness in the stock. I'd rather have IDCC be a buyer during some dips rather than bidding the price up temporarily since I'm not looking to sell. If you are ready to sell, then it would make sense to wish for the price to get pushed artificially high so you can cash out, otherwise it is counterproductive.