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Vringo, Inc. Message Board

  • drmiller355 drmiller355 Oct 5, 2012 2:48 PM Flag

    SEEKING " VRNG TO GET PATENT GOLDRUSH, HUGE GAINS ON WAY" link

    SEEKING " VRNG TO GET PATENT GOLDRUSH, HUGE GAINS ON WAY" link
    Seeking Alpha By: Matthew Smith "5 Stocks Moving Today"
    Technology
    Vringo, Inc (VRNG) rose $0.95 (22.09%) to close at $5.25/share yesterday on volume of 35.2 million shares. investors cheered the fact that a judge will allow their patent lawsuit versus two large tech giants to move forward. This is an interesting play whereby investors can essentially get involved in the patent gold rush taking place in the tech industry right now. The company is small with a market cap below $200 million, so court victories with multi-million dollar settlements could really move the shares. This shall be an interesting play to watch moving forward, especially if they continue to build out their patent portfolio.

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VRNG
0.689-0.020(-2.82%)Apr 24 4:00 PMEDT