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913474

10/03/11 11:04 AM

#339620 RE: hrbart #339613

IDCC is just going to follow the DOW until this sale completes.
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HenryW

10/03/11 11:14 AM

#339621 RE: hrbart #339613

There's no reason for this stock to continue to bleed. It's bled too much already. Many know that this is a great opportunity to get in cheap, and their greed plus the inherent fundamental value should stop this from dropping much further.

The main thing is to not use margin in a situation like this. That is what forces people to sell low and lose their shirts. I'm very confident with my holdings even though I bought much higher than the current prices. We will be bought out for much more than this price, and if somehow no sale is agreed to, the fundamental value will bring the stock back up over time.

No worries. Watch your use of margin and take it easy. Just be proud that you're so much smarter and wiser than all those who've sold and have no more chance of getting the big bucks when the company gets sold.