guess he got tired of waiting. Well I am keeping my shares. Both those companies are long long shots.
good luck, better chance here.
and Vringo is burning through money ever day. They will run out of money very soon and have to do another public offering at lets say $3.00 or lower which will dilute vrng's stock value.
I think there are Very good reasons why EDVA and Dan R have changed there positions. A good investor/trader knows when to realign there expectations. My gut instinct tells me GOOG will not settle soon.
So who has there head in the sand, Me...... or others here. Time will tell, but till then a smart investor see's VRNG for what it is, a long term highly, speculative stock that should only be a small portion of your portfolio..... ever day that goes by, ever delay lessens the chance for "the big payoff"
but wddd and BYCP are much cheaper than Vringo and getting into them would be like getting into Vringo years ago. Also WDDD and BCYP are dirk cheap and are not much of a financial risk considering how cheap they are
I did the same several weeks ago............ I maintain some calls out to JAN 2015, I think VRNG will prevail..... but found better use for my capital. BCYPE and WDDD are long shots........... but the potential for a big move
is there. They don't face the same headwinds as VRNG.