InterDigital Inc (IDCC)

[jmspaesq]

Hock I appreciate the benefit of the doubt especially when it comes to math!

But I am pretty sure my math was right the question is whether or not this plays out as I believe it will (and pretty much exactly as I predicted IMMEDIATELY following the Nortel auction--that overnight before trading opened the next day).

I don't know for sure that I'll make 100 a share over the 105 much less 200 a share (or more). But I believe it is very possible I even think it not unlikely. And in my analysis the MINIMUM take out price is STILL over the 105 strike price.

There aren't too many opportunities that I'm aware of to make such dramatic gains in a short period of time and I'm not letting this one pass by--personally for me. However I'm NOT all in on this stock even though I'm pretty sure I have the 'nuts' (poker expression--not talking about testicles here).

Call me irrationally exuberant if you will but some very very smart people I have discussed this with agree--none of us really see a downside scenario where IDCC doesn't get bought for a lot of money by someone or some group.

I dunno why options are still so cheap. I dunno why the share price is still so cheap. But I do NOT think it is the 'wisdom of the market' nor do I intend to let the 'market show me the way' because the market has their heads stuck up their butts about a lot of things including but not limited to IDCC and when it comes to IDCC so far up their butts that they haven't seen daylight for a long time. I believe the market to be irrational in many ways and inefficent especially when it comes to IDCC.

If the market was wise then the share price would have doubled overnight and climbed towards $100 a share the Friday after the Nortel auction (July 4 weekend) and the next week. Instead it drifted back down when honestly this buyout scenario was predictable (and I predicted it specifically). So I'm trusting me right now not the market with all humility.