IDCC

InterDigital (IDCC)  possess  a considerable  amount of intellectual property. When Motorola Mobility (MMI) was bought by Google (GOOG)  , there developed considerable excitement in the market about patents. InterDigital  put itself up for sale. InterDigital  wanted to strike while the iron was hot. Iron has cooled and InterDigital has not

Bought to cover Interdigital  (IDCC  ) at $59.56. Now we have exited tis position.

Added a 5% tranche to InterDigital (IDCC) at $61.58.   Stop on this tranche is $62.26.