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Vringo, Inc. Message Board

  • revf023s revf023s Dec 3, 2012 10:24 AM Flag



    Warning to the shorts! Cover ASAP and save your last $100 before your mommy kicks you out of her basement!

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    • yeah, never head that one before... like the movie Groundhog day

    • baseless misinforrmation. long but hate the idiots who post garbage like that. stock is months away from next move. its up huge for the year. be happy with what you have already.

      • 1 Reply to bentrayner
      • The stock is not months away from the next move. The next move will come when JJ rules on the supplemental damages motion. You can expect that ruling sometime around mid-month. If it is (as many suspect it will be) based upon the correct apportionment of 20.9% to establish royalty base and a 3.5% running royalty of that base you will see this stock move up sharply. That will clearly establish the method of computation for all of the investment world to see (and the problem with the price right now is investor confusion) and state, in no uncertain terms, that VRNG is due $600M going forward through 2016. We are also "highly" likely to see a motion from VRNG to correct the past damages awarded by the jury. Such a motion alone will cause the stock to move north as it would be VRNG's first formal acknowledgement of the error. This to say nothing of what would happen if JJ moves the decimal point on those damages. There is little doubt in my mind that December is going to be a very meaningful month for Vringo shareholders.

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