InterDigital Inc (IDCC)

[plumear]

If I read things right, it could be a battle to remember too. The volume and price jump on Friday will definitely attract the attention of the momentum players who, over the weekend, will have an opportunity to study the issue. They will see the Wall Street Journal and CNBC blurbs and they will become aware of the nearness of a resolution of the ITC case and it's implications regarding a major stock price movement depending on the outcome. I would not be surprised whatsoever to see some more press coverage either since the two press items on Thursday will already have a good many Wall Street types watching the battle play out. If the shorts employ a strategy to suppress the resurgent price movement by shorting more, and they fail to hold it down, there could be a short squeeze, price explosion, IMO. There will be even more shorted shares that will have to be found to cover with and the shorts will be competing with all the others who will want to get in on the POP resulting both from the momentum and the potential for more rise if IDCC prevails. We've all been hoping for a massive short squeeze and hopefully, we are positioned to see it in the near future.