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Re: Monterey2000 post# 430823

Friday, 02/10/2023 10:53:27 AM

Friday, February 10, 2023 10:53:27 AM

Post# of 432690
Monterey, IDCC does have unlimited money as they continue to earn. Every share that they buy is gone off the market. When the shorts can not borrow they have to cover. If IDCC buys their 11% of the company at $75 (9% +2% overage) that would put the share count below 26.4M shares which is below institutions and insider holdings. In that case I will have a lot of fun...I believe that their end game is to take it private for $125 as the bonds are hedged to that level.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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