InterDigital Inc (IDCC)

[GE_Jim]

A quick look at the chart.

http://www.ttrader.com/mycharts/display.php?p=34961&u=gejim&a=lightcharts&id=

While we wait on the news, let's see where we are.

Fib.at the 38 percent retracement and 50 day align well. Perhaps some support here. Closing in on over sold ,but not there yet. Key areas on the down side are 16 and 14.40, really from an expanded scale 14.00 which has held for a few years now.

The markets are troubling. Sliding profit and rising expenses are the main issue. {grouping here} That and the China factor which is just starting to make itself known. That will be a big thing for the next decade or so.

Regarding IDCC however it is all about the Nokia issue.

A word of advice maybe to have all your strategies worked out before the release. I have a feeling it’s going to be, well, I use the word tricky.

And now that I brought it up, I need to go over mine.

Later