Here is a VRNG summary, add or delete as one sees fit. IMO most comments on this mb reflect the mistake that many are making in their valuation of VRNG, i.e., that nearly all of the valuation assigned to VRNG is related to the GOOG trial. Some of us agree with BlackRock & Millennium that there is a serious disconnect between the true intrinsic value of VRNG verses the market basing VRNG's valuation on the GOOG case almost exclusively. Let's summarize the VRNG "big picture" from a longs point of view:
1 - The GOOG case is the elephant in the room right now. Longs need Judge Jackson to deny GOOG's Motion to Compel Becker's Deposition. Chances are very good IMO that JJ denies GOOG now like he did with their failed JMOLs.
2 - JJ Final Verdict coming and decision on #833 running royalty against GOOG for post infringement, could be 5% - 7% range
3 - The real probability of GOOG not having a workaround in the end. GOOG has still been found guilty of pre & post infringement so VRNG gets paid either way
4 - VRNG moves to the NASDAQ on 4-30-13
5 - VRNG is probably being added to the Russell Index
6 - VRNG waiting for answer from MSFT on settlement talks according to last 8-K
7 - ZTE responds to the raid on their facilities by the French court and pending Euro injunction
8 - The current VRNG Investor Non-Deal Roadshow brings in new buyers for the stock
9 - Additional licensing & litigation enforcement activities coming from Nokia portfolio
10- VRNG is ripe for new analyst coverage
11- New VRNG CFO Anastasia Nyrkovskaya brings "international experience, expertise with mergers and acquisitions..."
12- Epic short squeeze potential with 17,203,292 shares now short, NFLX latest example of what happens when shortsellers are wrong & overplay their hand
Sentiment: Strong Buy
Excellent synopsis! The DMV where I live has already confirmed that VRNG is available for personalized license plates. As soon as the catalysts kick in, and the PPS heads south like a bat ouf of He11, I will get the plate put on a brand new car using my profits. Longs, we are GOLDEN, just have a little more patience. Will be buying another 1k shares tomorrow, so JJ, pls hold on on your denial til late Friday or Monday so I can bag those shares a little bit cheaper before liftoff!