InterDigital Inc (IDCC): Why are people so upset about the headli...

Reply Private New

Replies (2) Next 10 Prev Next

Send PM Follow Ignore

Followers	21
Posts	759
Boards Moderated	0
Alias Born	01/02/2003

The Count

Re: pochemunyet post# 327041

Wednesday, 07/27/2011 10:57:33 PM

Wednesday, July 27, 2011 10:57:33 PM

Why are people so upset about the headlines?

Anyone looking to sell tomorrow? If you are, then I understand why the headline stating a 5 cent miss instead of a penny beat would be upseting.

But if you think that current earnings, much less headlines regarding earnings, will have no affect on the expected bids that will determine the price of IDCC shares and you may be inclined to buy more or buy some options, then the headline might keep the price lower for a very short time and allow you to buy cheaper. Although the AH action seems to indicate that the headline means nothing as the take away from the announcement is that the cancellation of the conference call signifies that IDCC's focus is on the sale of the company. That sure is my take away, and I couldn't be happier. For one thing, I don't have to get up by 7am PST to listen to the CC.