Jim, please delete the referenced post
It insults an analyst because the poster doesn't like his opinion. If we want to continue to get the wonderful access to those analysts' reports you've obtained, then there should not be any mudslinging towards them allowed. That is far different from disagreeing with them on this board and doing your best to show where their assumptions or analysis may be wrong. That type of response leads to greater understanding. Name calling because you don't like what they say does not.
People, you've got to learn the difference between catalyst and cause. A catalyst is a relatively minor occurrence that begins a substantial change. A cause is the reason for that change. When we signed LG and gapped up, the catalyst and the cause were the same. When we fell 10 points after a negative comment by an analyst, they were not. At that time there were a lot of people looking to sell and once the price started falling they got out in a hurry. Similarly, the recent notice of IDCC on Wall Street is a catalyst. It inspired the jump Friday.
If the price increase becomes a trend it will not be caused by the positive press, it will be caused by the large undervaluation of IDCC. The stock price has been under great pressure and those who follow the story understand it is undervalued, but did not want to fight the tape, waiting for rock bottom. When it jumped up I'm thinking there was some buying from folks who became more worried about being left behind as this stock climbs instead of getting it just a little bit cheaper. There is a definite cause coming within a month, which will also be a catlyst, and that is of course, the ITC. It looks like IDCC has a very strong case so investors are going to be ready to climb on board which would create a nice rising stock price over the near term. We get a good result or a good settlement and we are looking a hockey stick type of chart. But the press reports are just the catalyst. If IDCC were still trading in the 30s, this coverage would spike it for a hour or a few days, but the price would fall back waiting for the news.
