Fidelity, is partly responsible for this irrational sell off, they are the largest holder of ACTG.... 7%!! and I have been hearing they are rasing capital liquidating positions in order to make up for recent losses in KNIGHT CAPITAL AND FACEBOOK... this will go up, the company currently has 400m in cash and business is now valued at 700m, worst case they could sell off patents and would have more then $15.00 in cash value meaning their is little downside remaining
Hey bud I am long on this, seems like you know a lot more than I do. Would you mind explaining how you know about Fidelity selling off ACTG? I have been trying to find news online but as of yet no luck.
Any suggestion/recommendation will be greatly appreciated :)