InterDigital Inc (IDCC)

[The Count]

Whoooooa is right!

I happened to be up early this morning and Yahoo was showing IDCC at 25, but unchanged. I immediately checked out IHUB and saw no posts regarding anything bad and felt some relief. I opened up my brokerage account and got a quote and saw Yahoo was off. After picking my stomach up off the floor (no easy task), I went about my business. A little bit later I checked out the price on Yahoo as is my habit and it said IDCC up 7 points!! WooHooo!!! Then I noticed the quote was 32.75. Ah, up 7 from the erroneous prior day close. I put the now nicely aged Champagne that I keep by my desk back in the ice waiting for the real watershed event that will make the chart look like the proverbial hockey stick. A virtual rollercoaster ride while riding a small incline.

The morning's excitement made me appreciate the relative stability in IDCCs stock price over the past 6-8 months. Trading between 30-36 and not bouncing around on insignificant events. While the maniac depressive stock swings of the past created trading opportunities, it is much less stressful for those of us with a significant chunk of our portfolios in our little gem. I look forward to the day that we sign the next major and the 7 point jump is just the start of the run.