InvestorsHub Logo
icon url

badgerkid

12/06/08 11:15 AM

#240649 RE: JimLur #240624

Jim, the overall sentiment from the investing community is that the deal with Samsung is good and sound. You wrote: "...the investment community is also not certain if the deal with Samsung was good or bad." The bigger picture suggests that your belief is not accurate.

The Dow is at 8,500 and the Nas is only 1,500. Stocks of major companies with good numbers are hitting 52-week lows, IDCC just hit a 52-week high.

http://finance.yahoo.com/q/bc?t=3m&s=IDCC&l=on&z=m&q=l&c=&c=%5EIXIC

IDCC is only part of a much bigger investing community and we are but a small player afterall. As the overall fear in the market dissipates, IDCC will recover faster and go higher than many of the other "safe" investments. I still want my $100/share, but investors are going to have to believe that investing in stocks is a good thing again before I enjoy that kind of return.

I no longer think in terms of "if" but rather "when" will I be able to sell some $100 covered calls. I'll admit, it's difficult to stay positve when every morning we have "bad news on the doorstep":



As for me, it's important to just sing, drink and love (you can choose your own order on these) and wait for my investments to reach maturity. In the meantime, I still have my family and my work to get me through these tough times (and the above mentioned items as well).

Keep up the good work here Jim, and don't lose sight of the big picture for perspective.

IMHO of course.

Badgerkid