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Re: Monterey2000 post# 430242

Tuesday, 09/06/2022 2:18:23 PM

Tuesday, September 06, 2022 2:18:23 PM

Post# of 432591
Monterey2000 - Good post and I believe each of your observations are correct. I would add the following:

* Today's number of outstanding shares has never been this low at 29.66 million
* Institutional stock ownership has never been this high at 89.31%
* Short Interest has more than doubled during the past 4 months going from 1.06 million at the end of April to 2.41 million by mid August

Taking these statistics into consideration, if an institution needs to make an investment change to accommodate cash withdrawals or investment allocation concerns, the price of IDCC will change much more rapidly than it has in the past. JMHO

"Intellectuals solve problems; geniuses prevent them." - Albert Einstein

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