We are short a 5% tranche on InterDigital (IDCC) at $66.03. This is for aggressive traders who can handle a very volatile stock.
Target zone for InterDigital is $55 to $57. Stop zone is $68. to $71. Please keep quantities of InterDigital very small.
The reason is that GOOG will not bid for this company because it no longer needs its patents after MMI acquisition.
Full disclosure: subscribers to ZYX Short Sell Change Alert may also be short InterDigital from a similar level.
