Replies to post #430622 on InterDigital Inc (IDCC)

[teecee56]

dont know the exact details of the strike price...couldnt find it online....i do know as part of the issue idc hedged out the stated strike to a higher price...by doing a collar options trade [buying a lower strike option and selling a higher strike option]....im pretty sure both conversion prices of those issues are a good bit higher than we are now...i seem to remember a number in the 80 dollar range....right now they look look like they are pretty smart financial operators...that changes with the markets