Mkt up nicely today, no volume, and the stock is struggling to stay in positive territory. It doesn't take a genius to see that the stock has run out of steam for now.
I am just long and if it goes up or down I can't control it. I just don't think stocks should be controlled by non investors. If stocks were only sold by people who owned the stock and decided to get out, then so mode it be. I don't think many IDCC share owners will be getting out, but rather holding on. I think any downward movement will be if it happens from people who do not own the stock at all.
When I use to trade commodities a couple of decades ago, my broker told me don't worry about how or why just look at the direction or momentum and ride it for a while. Good advice for this stock. Even though it is undervalued at $30 it looks like $25.71 is a temporary top. Ness
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