Bargain Bin Stocks: IDCC Now 31% Cheaper Than Lemmo's Buy
There’s an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on January 30, Interdigital Inc ‘s EVP, Corp.& Bus. Development, Mark A. Lemmo, invested $85,117.50 into 2,250 shares of IDCC, for a cost per share of $37.83. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.
http://www.forbes.com/sites/dividendchannel/2012/07/30/bargain-bin-stocks-idcc-now-31-cheaper-than-lemmos-buy/
"The world is a dangerous place to live�not because of the people who are evil, but because of the people who don't do anything about it." �Albert Einstein
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