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badgerkid

01/10/11 10:28 AM

#305243 RE: AMCJAX #305239

AMC, I would guess that a new major buyer has completed their purchases thereby reducing the buying pressure just a bit.

If indeed that is the case, we are likely to see some ownership reporting soon enough. If it was some type of pre-arranged deal that was finally executed through options last Friday and those calls were excercised, we should see a report this week I think.

All of this of course is just a guess, speculation, assumption, conjecture, deduction, hunch, notion, opinion, prediction, supposition, theory, or wag (wild a.. guess).

IMO
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hock1

01/10/11 10:29 AM

#305244 RE: AMCJAX #305239

AMC...I never said it was bullish. eom.
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postyle

01/10/11 10:33 AM

#305246 RE: AMCJAX #305239

It had the potential to be a bullish sign, AMCSATX. But it also had the potential to be neutral. That is why we were all waiting on today's options open interest numbers.

There are a lot of intelligent people on the boards and some interesting theories and discussions took place about what the options volume meant to IDCC. But it was another prime example of how investors can tend to believe in the best possible scenario, and not the most likely scenario.

As for today's negative trading, one would expect a small decline due to the fact that today is the first day in the stock's history that it is trading ex-dividend. But to be down in a 2-3% range is probably a function of several factors, since the dividend should in theory only take the stock price down by 10 cents. The market is sluggish, IDCC has been running hot for months and traders take profits, no news out of CES or related to CAFC/Nokia, etc, etc etc. Take your pick. We can't go up every day, can we?

WIth such a "bullish" sign such as Friday's huge option deal, why all of a sudden such a drop on Monday ??