Replies to post #331063 on InterDigital Inc (IDCC)

[scruffynyc1]

<Not a happy day for all of us who held IDCC share and did not let them go in the $70+ per share as we could have.>

Not true. My basis is 40 (ish).

As a newbie with no losses to use against the gain, I would be clobbered by selling so soon.

Lets say I sold at 70.00.

That 30 gain becomes a net 15 after taxes.

I am much better off with the company at 55.00 then selling and paying that tax and losing the ability to use the account as I see fit.