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Wednesday, December 07, 2016 4:08:14 PM
He meant a 12 minute target of $86.00. I will be willing to bet we are
closer to $150.00 12 month from now than we are $86.00. Either this
person knows nothing about P/E and amount of back money owed IDCC. None of
us know what rate IDCC will be recieving for the Internet of things
but even a very low rate should earn billions over the years. Apparently
this clown can't even spell future let alone see what it bears.
To show how much people believe in him the stock hit a all time high
today and closed at the highest close ever.
If I was a big fund wanting to take a big position in IDCC I would be
buying December in the money calls big time and then exercise them. If
they should try to open market buy a huge position they could run the
stock to a $100.00 easily as others would be covering as they bought
driving the stock higher. If they buy options and exercise them then
the sellers lose their stock or huge covering will happen.
JMO
Mickey
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