Wow, 99% of you have no idea what you are talking about. Of course the two parties need more time. This is a huge case involving a ton of money. We already know we are getting a verdict, 3.5% + 30 million minimum. Or we could be getting a little more than that. That is the reason they are taking a little longer.
Or it means there is a buyout coming and (VRNG) needs to explore all the options. Remember ZTE case comes right after. A big win there of 500 million will really put (VRNG) on the top. I imagine we would go for Yahoo also.
(VRNG) has raised enough capital before this verdict. SO they have about 50 million in cash reserves.
The shorts need to cover a ton of shares. They can stall a couple of weeks at best before buying all their shares back. The longer they wait, the higher this stock will go. News will be released shortly and when that happens everyone will be buying this stock.
With new institutional investors buying shares like AIG, more will follow. Especially once we have the Google Damages verdict.
When all those people start buying shares of (VRNG) the price will climb to $20.00 a share easy once the buying volume comes. When the news hits so will the volume!
Be careful of the price swings on the stock, they can be as high as .50 cents a share. I have my orders set GTC $20.00! I will sit and wait and reach my target.
I will buy a house and a car with my profits on (VRNG) I have 100,000 shares at $3.50