I agree Jimlur. TCarpenter had nothing to do with the drop yesterday. Idcc can't keep bucking the market forever as no matter how good the projections, even good stocks are getting caught. I do think there must have also been a large seller yesterday that helped to bring idcc down more than the average. We're still selling at an extremely high value when considering and compared to the rest of the market. mo. .. nic
JImlur, I am wondering if TC set us up for this options manipulation. Personally, I don't trade options. But if TC is long the stock then it would be nice to see reports that are really reflective and supportive without room for his options plays. If he did in fact have an options play set.
If Carpenter has a $39.00 target and the stock is at $29.00 would one not think a reimplementation of a buy would now be appropriate? Even if the stock went back to its recent high that would be around a 15% return and to hit his target would be over 35% return, neither which is to shabby.