InterDigital Inc (IDCC)

[quilix]

This certainly was disappointing. I have been in IDCC for about 4 years always keeping a core position and then trading around it. I, like others am anxious to see the actual decision from the judge to understand his reasoning. I suspect that it will not be very convincing and that ultimately IDCC will prevail. However, I did sell half of my position after hours. IDCC is one of my largest holdings - if it does go significantly lower than it was trading after hours on Friday I will want to buy more. If I didn't sell half of my position and it drifted a lot lower (say to the low 30's) I would be too emotional about the loss and want to add more at the lower price to make up for the loss. But I think I would have too much in IDCC at that point if I did that. Now I can look forward to a significantly lower price if it happens and feel good about adding more there. Or if it does stabilize and recover/get good news I still have a decent sized position.

Just what works for me.

Obviously hindsight is 20/20 and put protection ahead of time especially at the prices offered made a lot of sense but I didn't do that.