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  • mandoesit mandoesit Oct 5, 2012 9:47 AM Flag

    SEEKING " MULTI MILLION $ SETTLEMENT WILL MAKE VRNG SOAR" link

    SEEKING " MULTI MILLION $ SETTLEMENT WILL MAKE VRNG SOAR" link
    By mandoesit . 13 minutes ago . Permalink

    SEEKING " MULTI MILLION $ SETTLEMENT WILL MAKE VRNG SOAR" link
    Seeking Alpha 10/5 By: Matthew Smith " 5 Stocks Making Moves"
    Technology
    Vringo, Inc (VRNG) rose $0.95 (22.09%) to close at $5.25/share yesterday on volume of 35.2 million shares. The stock hit a new 52-week high as 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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