Big week for us! News today, financials, conference call, and court updates! The stock will test the $4.00 range today! Shorts need to cover a ton of shares. There are talks of a buyout! Looks like (VRNG) will get more money. Do not forget we have ZTE case coming up and damages there are 500+ million and royalties!
Looks like we will also go after Yahoo and others. Over the next couple of months this stock will rise high. That is a ton of money for such a small company. I am putting a short term price target of $15.00 a share. It could go as high as $25.00 in 2013!
With revenue and profit of 150 to 300 million a year in profits makes this stock a hot buy! Remember they only had a loss of 7 million dollars!
Anyone saying bad things about this is short the stock. Nothing but good news coming and stock is trending up nicely!
Vringo, Inc. (VRNG) -NYSE MKT
3.62 Nov 13, 4:00PM EST|Pre-Market : 3.71 0.09 (2.49%) 8:41AM EST - Nasdaq Real Time Price