InterDigital Inc (IDCC)

[ziploc_1]

Arms, this may be short term momentum trading


When the market was way up this morning, momentum traders may have been disappointed with the relatively small run up in the price of Idcc. When the tide turned, these traders sold their long postions and may have shorted, figuring the next move was down. We will see if this extends into tomorrow. Whether it does or not, it has nothing to do with the long term value of Idcc IMO.