InterDigital Inc (IDCC)

[sonetirot]

I still have both BIDU, GOOG. Need to be conservative (when it is overload). Learn hard lesson from IDCC (when I was 100% IDCC). Anything could happens. BIDU one time was up to $359 next day was down to $294. I think that was on October 11 (which was my birth day. So It was not happy birth day). Then I was PUT to me at $320 in October. When it was close that Friday at $315 (Oct.21). I also sold BIDU put 370 & 380 a few days ago. Now big paper profit. I guess I will close the position on Monday. I normally close far out PUT position to be safe. Then open a few new near money PUT position at higher strike price to get most for the money. I probably be PUT to me again when down draft happens. It is only a stock. Goal is to make MONEY. BIDU could be down to $350 if stupid annalysist come out and say that growth is slowing.

Diversify. Diversify and don't get killed in one stock when price move against you. Take some small profit when you can.