Groupon and BCYP do the old show me yours and I will show you mine tomorrow in court filings that will lay the groundwork for the Markman hearing in February. Little has been said but this will be the stuff that will move the stock. As the legal eagles parse it for an opinion on who has the upper hand if BCYP looks strong and GRPN weak things will get interesting. The GOV Shutdown may slow the PACER filing since they are federal so we will all see. Those in the know will be moving on this to add (or sell) based on what is submitted.
Considering the reaction to previous events with MYLIkes and LivingSocial Groupon may push for a settlement rather than risk treble damages if willful infringement is proven in a trial.
My guess is anyone invested today will be smiling a little bit early next week as the news and opinions circulate.
Price movement suggests a positive reaction -- though have yet to find out if PACERs have indeed been filed. I admittedly moved some shares temporarily to another speculative bet, on expectations of a more immediate jump. In theory, this sometimes works out. In actuality, never works out for me. Glad to see the positive reaction, regardless.
Todays early surge is from a Natty Greene article on BCYP and Groupon.
I am actually hoping GRPN does not file as that would be a clear sign of an announced settlement to be forthcoming. I checked the with the Court and despite the Govt shutdown business and filings will be as usual. Keep your fingers crossed.