InterDigital Inc (IDCC)

[The Count]

Revlis, efficient market theory

The market is efficient when no one can consistently beat the market. It's easy to point at the internet bubble or other obviously wrong market values in retrospect. Unless one can demonstrate current knowledge of market inefficiency on a consistent basis, then the market is efficient. That being said, Value Line has ranked stocks 1-5 and consistently had the higher ranks out perform the lower ranks over decades. And even though I believe the market is fairly efficient, it does not stop me from believing that there are occasional situations to be found where the risk reward ratio is skewed. While I don't believe IDCC is a sure thing, I do believe the upside is far greater then the downside, and that the upside is more likely then the downside.