InterDigital Inc (IDCC)

[The Count]

IDCC management shouldn't worry about "bear raids"

Managements job is to make the company as successful as possible and provide clear and accurate guidance regarding current results and future expectations. INVESTORS (me and you) decide when to buy and when to sell our stock. Management builds value by creating earnings. Not only is it not management's job to try and manipulate the stock price, it is against the law. It is also silly to expect management to buy stock to support the price. They are hired to run the company, not to buy the stock. And of course, they are never allowed to sell it, are they... he who rides the tiger can never dismount.

I do believe that value and price converge over time. "Bear raids" and any other manipulation can affect short term price, but for the long term investor it creates buying opportunities. This is one of them.

I am not happy with the price collapse. I've looked at what's going on with the company and see nothing that changes my long term very positive expectations for IDCC. So I am comfortable with my investment and am sleeping fine. If you can't live with volatility you should invest in more stable investments and diversify. You make your own decisions, live with the results. Management needs to do the job they were hired to do.