Thursday, July 21, 2011

Notable Calls Network (NCN): InterDigital (NASDAQ:IDCC)

We caught a nice mover on Notable Calls Network (NCN) this morning:

InterDigital (NASDAQ:IDCC) has been on fire ever since the Nortel wireless patent estate was auctioned for $4.5 billion. InterDigital happens to hold patents related to the fundamental technologies that enable wireless communications.

The stock has gone from $35 in mid-July to a high of $82.50 as of this morning on speculation Google, Apple among others may be interested in buying the company for its patents.

All in all, it's been the main hype name that traders love to trade around on any new bits if info.

- This morning, around 8:00 AM ET a senior member of NCN brought to my attention that Peter Misek, an analyst at Jefferies & Co had an interesting call on IDCC saying Apple could potentially buy the company. What was even more interesting was the fact he thought IDCC patent estate would be worth up to $10 billion for Apple. IDCC's market capitalization was around $3.1 billion.

This was clearly market moving material, so I quickly distributed a short summary of the call to our wonderful members:

IDCC (Peter Misek) - InterDigital portfolio could be worth up to $10B to Apple = $200 per share!

InterDigital's patents could save Apple $3-$10 per handset and could substantially increase the price of the low-cost Android phones launching in H2:11.


- Sellers were scarce, so one had to buy up 4-5% to get decent fills. But as you can see from the chart it was well worth it. The stock went up another 10 pts.

You can probably imagine the profits some people have from this morning.


This is how Notable Calls Network (NCN) works - sharing the flow. We catch them every day.

Want to be part of NCN?

It's easy. Just shoot me a brief email that includes a short description of yourself and your AOL nickname.

Please do note that contacts via IM are limited to people with:

- 3+ years of trading experience

- Access to quality research/analyst commentary

- Ability to generate and share (intraday) trading calls

I will not accept contacts from purely technically oriented traders, penny stock fans or people who have less than 3 years of experience in the field.

7 comments:

papita said...

it took you a week with no calls and then you come up with this? open at 76 and after that, a losing proposition. great work. go back on summer vacation.

notablecalls said...

Not sure what to say.

papita said...

no need to say anything. it is what it is. you'll do better next time.

db said...

opened @ 76, traded +82, no?

DuffBeer said...

Papita
I have been following N/C for years .
He says something when he has something to say. He also makes you do some thinking as to your making the buy/sell decision. Is he as perfect as the tenant in the White House ?
No, BUT N/C could make better decisions there too.
I have made a few bucks from his and his associates Calls.
Drink good beer it tastes better,
DuffBeer

bl said...

Some eps names this week: LO ETN BIDU NFLX BRCM TXN VECO MMM ARMH CMI F X UA UPS AMZN LVS JNPR BA AKAM CTXS CLF GMCR V WFM CME POT CSTR DECK FSLR SBUX CVX MRK...a lively bunch

Melisa Marzett said...

This information is extremely important. Thanks a lot for giving us this unique chance to post comments. Qualified and reputable custom writing company is open 24/7 to support lazy and busy, hopeless and helpless academic students with upcoming home woks and exams!