InterDigital Inc (IDCC)

[Monterey2000]

I don't know but it seems sad that IDCC management spent hundreds of millions of dollars to increase shareholder value and here we are on the threshold of a 20% haircut since the 52-week high of $98.69. It seems the shorts are still able to play this stock like a fiddle. Hey IDCC management, you want to increase shareholder value???, spend more on a dividend increase and less on share buyback. Now with that said, its likely IDCC management was expecting a better outcome for the worldwide SEP rate from the UK court case with Lenovo and as a result the UK appeal and recently the US ITC and the North Carolina federal court. We all know how long it takes for court cases to play out to a decision and hopefully one in IDCC's favor. This may be causing the downward pressure on the stock price. Just IMHO.