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Re: I'm having a really good feeling about this ...

By: lockworld in IDCC | Recommend this post (0)
Tue, 01 Nov 11 11:40 PM | 294 view(s)
Boardmark this board | InterDigital Communications
Msg. 43526 of 48237
(This msg. is a reply to 43518 by Rakitno)

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Yes, a refreshing post. Thank you.
For some time I have wondered how a rumor from what was supposed to be the GTT group drove the share price down so much, yet the retraction from GTT and whatever was in the Oct. 20 report failed to even nudge the stock price. I have asked several people on the iHub. No one seems to know anything. I don't even care what the report says, but I wonder why the share price has not responded to it. Thoughts?


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The above is a reply to the following message:
I'm having a really good feeling about this ...
By: Rakitno
in IDCC
Tue, 01 Nov 11 6:43 PM
Msg. 43518 of 48237

Always have.

It's the trading of this stock that reinforces this feeling. I don't buy into the premise of the "Efficient Market." It's a crock o'shit especially in situations like this. This stock is trading in a range, driven to price points according to charts and algo's. And because of that, it makes me believe the reality, that nobody, nobody but the major parties involved know what is going on and they aren't talking. And even if they were, theflyonthewall would not be the Woodward and Bernstein for this information. As a result, "the market" is trading this stock not on information but going back to their first principles (ie. market has uncertainty, ergo, don't have a fucking clue what is going on, so let's go back to the charts to find direction and create a narrative).

The rumors from dealReporter and whatever crap outlet are likely snippets from a single source or two which have been extrapolated and superimposed in order to create an article longer than a sentence. Notice how the major parties, Apple, Intel, Microsoft are not in the rumors from dealReporter only small players who would never lead a consortium. Since they know nothing, dealReporter at it's best is a small puzzle piece which looks like the tip of an elbow and everyone is giving their opinion as to what the picture is. It's Michaelangelo's David, it's a picture of Pete Rose, it's Gweneth Paltrow, it's likely none of them and in reality only noise from a clueless whisper.


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