At least some of the current selling comes from investors who rely heavily on interpreting charts. If you look at IDCC's chart for the past year you will clearly see that the past two times the stock has risen to the $28 level, it then falls precipitously down to $20 or lower. There are many investors who believe that in the current economic downturn it will be extremely rare for any stock to "break out" and have a substantial run. Many on this board obviously disagree with that assessment.
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