InterDigital Inc (IDCC)

[laranger]

JK. I'm wondering if we're connecting the dots correctly.

The exhibit lists were first available to the public on January 6th.

On the 6th and 7th, IDCC's price froze at 16.29, on low volume of 500,000-400,000.

Then, sellers came out in droves on the 8th, doubling the volume to 800,000, and to 974,000 on the 9th, causing the price to drop to 15.46 and 15.10, followed by another on the 10th, to 14.76.

Past reports indicate that some Wall Streeters/analysts are following the litigation closely, and the exhibits would have been available to them as well, probably starting on January 7th.

If they passed the word about huge number of exhibits, together with "indications" as to which way the wind was blowing, this could account for the increase in selling, and the "rush" to Call options.

Here's the Call contract purchases during that time frame:

January 3rd--583.

January 6th--1,319.

January 7th--833.

January 8th--2,831.

January 9th--1,827.

January 10th--3,292.

This could all be great analysis for the waste basket. But I don't think that the filings and subsequent volume/price action are a coincidence.