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Re: MJPLIFE11 post# 290860

Thursday, 05/27/2010 11:35:39 AM

Thursday, May 27, 2010 11:35:39 AM

Post# of 432960
MJP(please get a)LIFE11

I see nothing unusual in IDCCs trading before the earnings were released. The stock had been performing very well for weeks based in part on the knowledge that revenues were going to be very good. So the blowout quarter was already factored into the price. The stock had risen up to the pre ITC level and the momentum had died out. If the stock had suddenly fallen 10% or more on heavy volume right before the earnings release, you might have a tiny indication that there might be an issue.

Here's your problem. You KNOW IDCC is a great company. You KNOW IDCC is severely undervalued. You KNOW that the only way the stock price is at such low levels is due to some sort of evil manipulation by shorts, hedge funds, communists, Nokia or other members of the axis of evil. Therefore you must find proof of this great conspiricy to validate your world view.

Here's a different approach for you to try. Start with the facts and work towards a conclusion, instead of starting with the answer then looking for facts (or grasping at straws) that support what you KNOW is true.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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