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Re: For anyone watching the SI

By: Rakitno in IDCC | Recommend this post (0)
Tue, 19 Jun 12 1:41 AM | 328 view(s)
Boardmark this board | InterDigital Communications
Msg. 45506 of 48237
(This msg. is a reply to 45505 by robweis)

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May was undeniably a travesty for the share price of this stock. After the late April earnings conference call short interest increased nearly 30% by the end of May.

Management said their would be a patent sale and even bought shares both personally and through the company yet still the short interest increased.

Lovely that management timed this announcement after option expiration leaving the shorts with June calls exposed on upside news.




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The above is a reply to the following message:
For anyone watching the SI
By: robweis
in IDCC
Tue, 19 Jun 12 1:27 AM
Msg. 45505 of 48237

In May, SI increased by > 1.7M shares.

High SP for May = $28.30.

Rut Ro


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