Replies to post #396747 on InterDigital Inc (IDCC)

[vg_future]

hock1, got it. Thanks for the clarification/response. Keeping my fingers crossed for the deal to be concluded and terms announced.

-vg_future

[gatticaa]

However, whenever any type of financing is agreed to in principle, the buyers will short stock in the open market to cap the price of the financing (in this case, the conversion price). It's just the way it works.

Sounds like trading on inside information, yes? No?

Or are you saying they put on shorts today, after the news?