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Re: We're going back to ....

By: DND in IDCC | Recommend this post (0)
Fri, 22 Jun 12 11:18 PM | 304 view(s)
Boardmark this board | InterDigital Communications
Msg. 45587 of 48237
(This msg. is a reply to 45586 by Rakitno)

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Not if they are doing it with a trading plan.




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The above is a reply to the following message:
We're going back to ....
By: Rakitno
in IDCC
Fri, 22 Jun 12 11:08 PM
Msg. 45586 of 48237

We're going back to low volume days, 500Kish-600Kish alot like the days and weeks before the Intel sale announcement when the Company was restricted from buying shares ... The Company just announced another $100M share buyback, on top of an already $100M announced in April of this year ... You would think that volume would increase with the Company buying back, to acquire an additional $100M shares takes time and creates volume ... Management did hint on the call that they may not be finished with patent sales ... Could insider information laws and regulation be what's holding the Company from buying back right now, again?


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