Sons,
I am Afraid at this point we will just have to let the down cycle run its course. Eventually (possibly soon) the selling will dry up, and a new upcycle will begin. As to me, in hindsight I should have sold during all the excitement of ctrossing $400 per share. What now?? At this point, it is simply too late to sell. Fortunately, I have no margin debt and will not be forced to sell.
Remember, if you sell, you have to find another investment. Especially at today's prices, IDCC is hard to best - based on valuation and fundamentals. Yes, there are stocks with better positive momentum, but how long before they enter their own corrections?
IMHO - Tomcat
Bullish
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