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From Wall Sstreet Pit:

By: JohnSamuel in IDCC | Recommend this post (1)
Mon, 08 Aug 11 5:03 PM | 61 view(s)
Boardmark this board | InterDigital Communications

Msg. 42021 of 48237
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InterDigital, Inc. (NASDAQ:IDCC) â€“ The consolidation and compression that has been going on in the last two weeks is very healthy. The technical chart shows a bullish bias. EMAs are moving up and RSI is above its 50% level. William %R and Stochastic are also in buy mode. The price can head towards the 75-80 zone. If this zone is surpassed, getting to $100 would be a possibility. There was hearty volume in the September calls at the 75, 90 and 100 strikes. Over the last few weeks, there have been rumors IDCC is a takeover target. Google, Apple, Oracle and Samsung are the possible suitors. Iâ€™m really convinced that this stock can easily double from here. For that reason, Iâ€™m still holding my shares in hope of a strong move.

http://wallstreetpit.com/81054-trade-ideas-cbou-idcc-ma-mcp

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