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Post# of 432996
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Gamco

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Gamco

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Re: trickledown post# 430501

Saturday, 12/17/2022 12:08:03 PM

Saturday, December 17, 2022 12:08:03 PM

Post# of 432996
Trickledown - Friday (12/16) was options expiration day for IDCC (also a triple witch option expiration day for the market). Short interest was just over 2 million shares as of 11/30 so I would expect that a lot of those shorts closed their position primarily due to the new coverage by Jefferies sporting a $80 price target.
Selling for tax related reasons ends at the end of December so it may be easier for the price of IDCC to rise. This would provide the shorts with another reason to close out their position. JMHO

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

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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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