Vringo, Inc. Message Board
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5 buyers make 10 million bucks in 3 days. VRNG conveniently sues ZTE after 10 million shares sold
To me, it sounds like VRNG is rewarding the 5 investors for buying in. Wonder why they didnt sue ZTE before placing the per share value. I have been watching VRNG for a while. But when something like this happens, it looks like the buddy system is alive and well on wall street.
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The intent letter went out to ZTE way before the lawsuit disclosure
Sentiment: Hold
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There is no doubt that there is insider #$%$ going on with VRNG. I'm also not naive enough to believe that the share dilution was "only about showing position power to google"... VRNG wants to get paid, even at the expense of shareholders. BUT, that doesn't discredit their case...so I'm still in...
- 2 Replies to bbondslf25
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good post bbonds... logical of all things on this board.
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VRNG stated back towards the end of Sept they were going to file suit against ZTE.. that was long before the the 10 million shares. Please learn to do your DD.
Sentiment: Strong Buy
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You're joking, right? Those "5 buyers" have enabled vrng to go into settlement talks from a position of strength...might just pay off for $$$$$ for all shareholders, and how would you go ahead with a lawsuit when you don't have the free cash??
- 1 Reply to minnesotafarmcountry
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Things sure look very good for all shareholders now I believe. I bought some on Friday and some more this morning. I think we should see it rise all week with the discussions going on.
These patents are huge money makers and as such have enormous value. per/clic value which is just huge. This translates into money and Google and all the others have to pay for the technology as they do not own it!!!!
It is going to be a great week and VRNG it is going sky high!!
i can't wait for tomorrow morning........^
I keep hearing 15 bucks a share...... sweet!!!!Sentiment: Buy
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