InterDigital Inc (IDCC)

[plumear]

I too have no problem with Harry selling shares. The only thing I don't understand is that some members feel that there is something wrong with reading in some meaning to the act. When I see 2 directors selling significant portions of the shares they hold, I tend to make judgments based on those actions. Mschere says that it the action was cross selling handled by an institution or market maker. If I'm not incorrect, Hilliard Lyons is a market maker in IDCC. They issued a downgrade on the stock to a long term buy after the time that that the sell should have been completed. Did they handle the sale? Did they read anything into it? I don't know but, like everyone else, I try to connect the dots.

As I pointed out earlier, I wonder about the phenomenon of Harry's sale having the extreme good fortune of occurring at the same time there is a sudden spike in volume and price. It makes me say hmmmn! Who knows; perhaps it is a good sign that an institutional buyer is purchasing shares for the long term and would not be concerned when they found out that a PRE-PLANNED sale by the CEO represented the shares they bought. There is no question that the series of recent events represents positive things for IDCC in the long term. On the other hand, it seems equally reasonable to determine that the sales should temper the enthusiasm of those that think that we are about to reach the culmination of our years of waiting. Additionally, since I only originally bought shares of IDCC for the purpose of making money, I am cheering those that are working this stock to their benefit. They are no different than HC. It’s kind of humorous when I think of how many times I’ve seen someone say “Just go sell your shares” because while they probably did and then bought back later, often at a lower price, while those of us that have been holding are doing nothing but waiting. After all, you’ve made nothing until you’ve sold your shares. Question: What makes one smarter; understanding IDCC and realizing the potential, or, buying and selling the stock and making a bunch of money? IMO, HC knows the answer!