(IDCC) InterDigital to be added to S&P 400; Quest Software deleted as of 9/28 close Institutional investors will start loading again IDCC ....14% Short Float & Short Ratio = 8.8 ( days to cover ) http://finance.yahoo.com/news/kraft-foods-group-set-join-221000157.html Yes..baby !!
I BOT 100 shares of IDCC about a month ago as a speculative trade. When it went down $1 a share I got out.
"This stock broke out in a big way today on great volume. I think we'll see some nice follow through tomorrow. This was a $50 stock less than 12 months ago. Could it happen again ? We'll soon find out. With almost 15% of the float short, this stock is due for a big move higher. They need to buy back stock to profit from their bets which only adds fuel to the "FIRE". The next resistance area is around the mid $40 range. Stoch & RSI have room to upside." Source : http://ac-investor.blogspot.com/2012/09/friday-september-28th-watchlist.html Big move in progress
Good call !! "InterDigital, Inc.(NASDAQ:IDCC) looks to be a possible breakout play tomorrow. A break above 38 on heavy volume makes this one look good for a possible strong move NORTH. The medium term trend still looks bullish as the stock is still above 50-day and 200-day moving average with 50-day moving average crossed on top over 200-day moving average recently to form Golden Cross, a strong bullish sign. Additionally, the MACD also shows buy as MACD is on top of signal line. Stay tuned !!"