InterDigital Inc (IDCC)

[sonetirot]

IMO : Money is moving out of Communications Equipment Industry at this time. IDCC is part of the index. A lot of people are moving out of mutual fund into CASH that in turn force fund to SELL to meet redemption obligations. It feed itself after CNBC talk too much about recession. How many people would want to buy stock or 100% invested? Even good stock got beat up. Nowhere to run. Even cash losing value to EURO but still safer than stocks. I now have only 2 stocks (CF & POT) but still got beat up. Time is now to buy PUT or SELL protected CALL (SELL out of money call for cash and buy CALL on higher strike price to limited loss in case stock move up. (Bear CALL SPREAD)
Disclosure : Had to sell IDCC for loss earlier. No position.