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the trading doctor

12/19/13 10:24 AM

#379124 RE: GBR #379123

gbr


I am surprised there is any volume at all! Anybody that is buying because they think it is positive is already in and is just waiting for the results. maybe they buy if there is a positive outcome (albeit at a higher price), but considering the uncertainty of the future and the black cloud that at times hangs over idcc's head, I am not surprised people are waiting until their is an official announcement. The unsure ones were buying those puts all day long on Monday as protection.

If believe in the negative decision then you are likely short and no reason to do anything anyway other then maybe buying some puts to further pile on.

And so we Wait!!!!!!