Replies to post #432237 on InterDigital Inc (IDCC)

[teecee56]

glen....you can bet the shorts have the convert in mind....the way i see it ....at worst....they know the shares will become available above 107 at some point....so that gives them some confidence that supply will be there...coincidentally....i think that amount of supply...is roughly the amount short [i think]

[jealmc79]

“.the idc will have to issue shares at 106+”

IDCC won’t get $106 in cash for the warrants. They will get $106 in stock back. The dilution will occur only for the amount that the stock price is above the warrant strike price. This will be offset somewhat by the calls IDCC owns, depending on when and at what price everything is exercised at.