Friday, January 16, 2009 10:19:30 AM
under $27...temporarily...
IMO...today will be the last day IDCC trades under $27...
Options for January expire after today...and it looks like money is being spent to suppress the shareprice into today's close...
If "they" give up on the holding, and the markets are strong today (I believe they will be)...we should see a fast shareprice appreciation later...
There are many in-the-money calls..and I doubt the writers of said calls have sufficient shares...
(let Them panic for a change)
jmfo
...jk...
IMO...today will be the last day IDCC trades under $27...
Options for January expire after today...and it looks like money is being spent to suppress the shareprice into today's close...
If "they" give up on the holding, and the markets are strong today (I believe they will be)...we should see a fast shareprice appreciation later...
There are many in-the-money calls..and I doubt the writers of said calls have sufficient shares...
(let Them panic for a change)
jmfo
...jk...
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