InterDigital Inc (IDCC)

[jai]

Some reasons for todays decline.

First, a bad analyst report, downgrade, revised price target? Somebody or group was selling on a big up day and we have no idea why.

Second, an orchestrated short sale. Group decided that they can sell into this after an earnings report.

Maybe just a fund got tired of waiting and decided today was the day they would exit.

What bothers me about this sell off is that with all the positives that came out last week, we have no catalyst sans Nokia/LG to move higher.

Without a buy back in place we are at mercy to the traders who do not feel any positive short term event will happen.