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InterDigital (IDCC) -17.2% AH after an ITC administrative law judge rules Nokia, Huawei, and ZTE...

InterDigital (IDCC) -17.2% AH after an ITC administrative law judge rules Nokia, Huawei, and ZTE didn't infringe 3G patents being asserted by the company; the commission will make a final ruling in October. InterDigital has filed multiple cases with the ITC related to its 3G and 4G patents; an ITC ruling ending an infringement investigation against LG was overturned earlier this month. A case was originally filed against Nokia, Huawei, and ZTE in July '11. (previous)
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Comments (2)
  • Mktneutralhedger
    , contributor
    Comments (1214) | Send Message
     
    Ouch! Buying opportunity?
    28 Jun 2013, 06:24 PM Reply Like
  • Bridge Bum
    , contributor
    Comments (67) | Send Message
     
    Yep, time to buy back those Sep 47.50 calls I sold back in April. The volatility in this stock creates excellent opportunities to sell calls about six months out and buy them back when something like this is announced.
    28 Jun 2013, 06:58 PM Reply Like
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