InterDigital Inc (IDCC)

[patterson]

Let's face it fellas. This is the all-time trading stock. I first bought IDCC in 1999, and like an idiot held it, come hell or high water, until I got disgusted and dumped it all in 2016. Just in time to miss the run up to 102.

I took the advice of someone who had castigated me for not trading this stock, and began to short it at selective intervals. From 82 down into the 50s, and now from 59 down into the 30s.

I hate to see the stock tanking from the Coronavirus (none of this is good for the country), but that is all part of the IDCC game. It goes up a few drips at a time, and when it falls, it is like a flood. Over and over again.

Right now, it is Shorty Christmas. We are heading for the teens, not becuase this company is not valuable, but because everybody is going to take a major hit as the economy completely bottoms out.

I'll be looking to buy into it again at a very attractive (low) number. But that day may not come for a year or more.

Good luck boys with whatever you do. But the happy talk around here starts to sound nauseating. And yeah Jeffree, I took your advice.....don't do anything until you get the price you want.