InterDigital Inc (IDCC)

[GE_Jim]

Starting to look like spinning wheels in the markets. It’s been a very good but not great trading month. Worth playing, market wise. The big move ended two weeks ago. This of course driven by the MF’s, the election and drop in oil. However the volume was never impressive. To me that is telling.

For those that have dry powder left, opportunities will still arise but 2005 market wise is setting up poorly, at least till the end of summer. Short uptrends on oversells at best.

Idcc will be different until the Nokia result is known, I would guess near the ASM. However I surely will be interested in the next two CC to hear any, oh we'll call it clues.

While many many have been and are worth trading, IMO this is still one of the few to hold.