Seeking Alpha: Stay Long VirnetX In 2013 Despite The Trial With Cisco
VirnetX (VHC) encountered disappointing news last week when it lost a long run patent infringement case against Cisco (CSCO) in the Eastern District of Texas. VHC's the stock went down almost 27% after the news broke and down again nearly 8% the following day. Questions have surfaced asking if this event warrants a near $600 million decrease in the market capitalization of the company. It is my opinion that investors should put the event into perspective for a better view. I maintain my long position in VHC and it would benefit investors to take advantage of the low price per share. My bullish sentiment regarding VirnetX's recent events and why investors should remain long will be explained in this article.
Let's Put It All In Perspective: Investing in The Future