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Patent Infringers. Now that's my kind of talk.
You must absolutely love Vringo (VRNG).
Their patents were infringed upon by that huge company Google. The jury found GOOG gulity in November. The Federal judge will enter his order very shortly. GOOG should owe close to a $1 Billion.
Not too late to hop on board VRNG and ride that stock to the promised land.
Sentiment: Strong Buy
What in your opinion is the potential for VRNG shares with a favorable decision? $5-6?
Jr. re: VRNG, buy cheap and take a profit. Don't just hold and
you should be okay. Same as with any "company" that has a history
of just burning up money.
I have a buy order in @ $2.69 and I would sell slightly under $4.00..
If I don't get the shares that's fine.
During the trial the shares were halted twice. After the 2nd. halt I
bought shares @ $1.95...That was worth my while.
JJ rules in VRNG's favor and GOOG settles since they do not want all of their customers sued.
That would be bad for business.