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Saturday, December 06, 2008 11:15:41 AM
The Dow is at 8,500 and the Nas is only 1,500. Stocks of major companies with good numbers are hitting 52-week lows, IDCC just hit a 52-week high.
http://finance.yahoo.com/q/bc?t=3m&s=IDCC&l=on&z=m&q=l&c=&c=%5EIXIC
IDCC is only part of a much bigger investing community and we are but a small player afterall. As the overall fear in the market dissipates, IDCC will recover faster and go higher than many of the other "safe" investments. I still want my $100/share, but investors are going to have to believe that investing in stocks is a good thing again before I enjoy that kind of return.
I no longer think in terms of "if" but rather "when" will I be able to sell some $100 covered calls. I'll admit, it's difficult to stay positve when every morning we have "bad news on the doorstep":
As for me, it's important to just sing, drink and love (you can choose your own order on these) and wait for my investments to reach maturity. In the meantime, I still have my family and my work to get me through these tough times (and the above mentioned items as well).
Keep up the good work here Jim, and don't lose sight of the big picture for perspective.
IMHO of course.
Badgerkid
Recent IDCC News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 12:17:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/20/2024 08:06:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 01:05:55 PM
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/19/2024 08:19:03 PM
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- InterDigital Announces 2024 Investor Day • GlobeNewswire Inc. • 08/01/2024 12:45:00 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:52:36 PM
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