Watching Vringo, Inc. - in a similar type of situation as PRKR, (PI against Google) now spiking 30% today after the Judge said no to a Summary Judgement and asked the parties to attempt settlement. A pump occurred just before lunch when it hit a 25% rise and some calls started. Looking at this is like a glimpse into the future for PRKR. Normal volume for VRNG is 3.4 mil and today it's over 15 mil. This isn't even the short squeeze as people are just loading up and buying shares after it hit CNBC today at lunch. Glad we keep hearing about the large short positon on PRKR. I'm betting we'll see almost the exact same day in the not too distant future. I'm staying long with much patience after watching what's happening with Vringo
Looking at the percent gain in VRNG is not a good indicator of what might happen with PRKR. If you want to use VRNG as insight into PRKR then look at the market cap gain in VRNG which is about $13 million which equates to about 16 cents per PRKR share.