InterDigital Inc (IDCC)

[sonetirot]

Experience with IDCC. Use margin when good NEWS breaks then by day end sell off to get rid of margin (and keep some). I now hold IDCC very small portion. I used to hold 100% then big loss (6 figures) when IDCC down from $34. Most lost from leverage of selling PUT (~$30). I now cover all PUTs. Lucky me I sold most by the time down to $23. Big lessons learn with big lost.

I now diversify right before 1/2 point rate cut. Major holding now company with foreign exposure such as FCX, GS, XOM, COP plus some Tech : GRMN and RIMM. Made up half of the loss after rate cut with above stocks. Hopefully turn positive by year end.

IDCC (UP OR DOWN) would have only minimum impact.

I still read this board every day like an addict. If good news come, I would be ready to dump in CASH (with margin) and help to push it up.