InterDigital Inc (IDCC)

[dmiller]

Alley re: 14_1 aka Gejim...

You are correct. It's funny how he changed his tune since getting caught with his pants down. What is even more surprising is that he is even in this position to begin with. Gejim is supposed to be a seasoned veteran trader but he violated trading rule #1 "Always have stop losses in place." This is how a trade gone bad becomes a swing trade. I find it amusing that many think that "stops" play into a MM's hands. It's always the MM'slooking to steal your shares. (LOL) Even if this was true, I'd much rather take a small loss and buy back a little higher and not expose myself to huge losses that we have recently witnessed.