InterDigital Inc (IDCC)

[ziploc_1]

After the best analysis, stocks like Idcc often move on surprises. Among the possible surprises here are:
1. announcement of a new substantial licensee in the next few weeks
2. a really good earnings report which attracts interest from one or more potential buyers of the company
3. announcement of a new legal action against Nok in one or more courts
4. a management change
The price before the adverse decision by the ALJ was in the 30's so we have come down about 33% in an up market since then. A win after appeal to the ITC was always a very dicey scenario so I never counted on this appeal and I think much of the disappointment over theanticipated negative final determination by the ITC was already baked into the price . I think that once the shock of this event wears off, the stock has room to come back again. It may be a year before a new court decision, which has a good chance of favoring Idcc, is released but the odds are that, even before the decision, the stock price will be much higher at that time then it is today. My frame of mind is that I'm investing in this for the first time and I'm willing to wait for superior results.