InterDigital Inc (IDCC)

[walldiver]

Hedge funds issuing marching orders to brokerage analysts is par for the course (and common knowledge), especially with the boutique analysts. Why? Because the boutique firms get a large portion of their revenue via their trading desks, through which said hedge fund routes its trades. If that hedge fund has a short position in a certain stock, and routes its trades through a certain brokerage's trading desk, it's damn well going to pressure that brokerage to pressure its analyst to fall in line with the hedge fund's position, be it long or short. This has been very common in the developmental biotech world, as companies such as UBS or Brean Murray regularly put out reports containing outright falsehoods about companies. Whether or not it's a pumping falsehood or a bashing falsehood depends on whichever position the hedge fund or funds has at the time.

There is just about nothing we can do about this, so it's not worth spending the time and effort on the subject. This board can become like a yahoo board or an Investor Village board with frequent posts bashing hedgie shorts or containing links to naked short articles...or it can remain a board with attorneys, wireless businesspeopole, and engineers contributing posts on what's going on with IDCC. I hope it's the latter.