InterDigital Inc (IDCC)

[j70k]

What does this type of price action say about how the stock market really works. A report by an analyst,with the key words used in the report being "may" and "could" and the report is basically an opinion without any facts, causes a $10 drop in share price. His conjecture may be totally wrong regarding how the oem's view waiting to see how nok and qcom play out. The opposite imo is more likely, in that licensing at fair and reasonable rates with IDCC will set a precedence to be used as leverage to knock down qcom rates. There is no way to prove what this guy's agenda is or if he is a front for someone else's agenda, but simply the fact that a vague report such as that issued, has an impact this large, is a real indictment on how phony the stock market has become. The only thing that matters to the market is that there is constant volatility-trading, not investing, is the new mantra. Please tell me how this is any different than any other form of gambling.