InterDigital Inc (IDCC): Nobody does with any degree of certainty...

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dndodd

Re: israt post# 431125

Tuesday, 04/18/2023 5:47:19 PM

Tuesday, April 18, 2023 5:47:19 PM

Nobody does with any degree of certainty.

Randy Phinney at the Rightsideofthechart.com thinks the market is ready to go down as does Doug Kass.

The recent rallies have been narrow and not widespread 46% of stocks are above their 200Day Moving Average vs 66% in February and only 13% late September.

The 40DMA averages numbers are 48%, 81% and 9% respectively.

Many technicians have said this a bull rally in a longer term bear market.

The dividend yield on the S&P is a little over 1% historical average is a little over 4%. You can over 4% safely short term now.

IDCC has been basically trading sideways since February. The Float is lower and insiders have been net sellers.

IMO IDCC will go which ever direction the market goes.

"The Investors's Chief Problem--and even his worst enemy--is likely to be himself"
---Benjamin Graham