I guess plead some kind of case for under-valued, but the court doesn't agree
And they don't either the way they dumped in a day to their legal limit extent on a 24 hour pump to $5
Why is this even news worthy?
Is this the best they have?
Mgmt I guess trying to pump the price so they can dump material amounts again like the last jump to $5
They feel they're undervalued???
Unless news tomorrow, I think this opens lower and eventually works its way back down below the 50. If this strings out for a period, people who bought in the $1.20's plus are going to get frustrated like last time it dipped to mid .70's and the Manipulators will get people to bail with constant downward pressure.
Be careful all.
IMO, There will likely be a lot of manipulation games played while waiting for events.
I see it as speculation the last two months, as well as technical response to being oversold. The news item was Friday, now its in the rumor stage again after a nice run up from double bottoms at .75 and .79. The 50 DMA is providing some support with the rise of the 20, but still well off the 200. I just wouldn't be surprised to see money manipulate this back under a buck with a lengthy decision, unless we find out sooner rather than later that they knocked the ball out of the park on Friday. Market money is greedy. They play with the minds of the typical retail investor while really trying to make the money on both sides of the coin..... the rise and the falls.
One thing I wonder is, why didn't Anthony make a buy when this was down in the .70's?
Review VRNG vs Google case history starting with the Markman, vs the share price.
Unless a different path, there will be ups, downs, and delays.
It depends what you believe the potential here might be and when? Or if you want to try and play in the manipulation game along the way.
More people make money going up. Fewer people make the same money when it's going down
What you say above.......is why!
And not my words here:
The Court decides what a patent claim means: what the words mean, what the terms mean, and what the scope of that patent claim is. So Markman is all about what we call “claim construction”. Now construction is another word for interpretation; it means to interpret the claim, to say what the claim means, how broad is the claim, how narrow is the claim, what are those words, what are those terms mean? The Court decides all of that as a matter of law and it's usually decided on the briefs. Once the Court rules on that and issues an opinion and says “this is what the claims mean,” that's what the jury is going to base its decision on. It's going to use the construction that the Court tells it to use. And so, you, as someone who is involved in patent litigation for your company that's making decisions, you need a blueprint. You need to know what's going to happen in Markman, you need to make sure that the briefs that are prepared to explain what the patent claims mean, that those briefs are well done, and what it means overall in the nature of the case. If you get a good Markman ruling, that will often lead to a favorable resolution even before trial, either by summary judgment, or by settlement.
Now VRNG received a positive ruling as it was described, but has lost the case.....thus far
And that's with Sdsingle selling ~4k shares pre-market to try and influence it.
Looking for now like it wants to stay above the 20 DMA until something changes one way or the other
From IR back in September:
"The company stops commenting on current quarters one week prior to the end of a given calendar quarter until that quarter is reported which is within 45 days from the end of Q1, Q2 and Q3 and within 90 days of the end of Q4."
This selling is immaterial and means nothing.
The dumping that took place on the jump to 5+ wasn't tho.
If your promoting signs in this factor, thats what you should be watching for.
Halloween is a month into the 4th Qtr. If I've got him correct, Nuttie pointed out last year that the accounting for that revenue was primarily or all recognized in the 3rd Qtr, where that was not the case in the past. It appeared he was correct with the surprisingly disappointing 4th Qtr last year.
"about fairly priced if they were making a million a year profit. they are years away from that."
Gotta say NetPro, surprised at this. So you are saying, although "years away", a million a year profit is achivevable and coming
Manuel, so why do you say that, or think that?
What you just said, is what's already been said probably 4 times in the last 7 Qtrs.
What do you consider as the huge step?
And she's been trying to stimulate the company's core since she's been the CEO? That was one of the first things she did in addition with cost cutting, and there's still very little progress there…Enough revenue…. for a penny loss.
A 3rd Qtr 2013 gave optimism with a break-even report (not a loss!!).
Nuttie did point out the accounting for early recognition of revenue for Halloween cans.
Then after a pullback from low .70's to mid .50's, 4th Qtr disappointment for both earnings and revenue dropped it to a low in the high .30's.
Assuming accounting for Halloween cans is the same, don't see what can stop it from that 4th Qtr disappointment again.
The only hope likely is the return of beverage season
But what will make beverage season 2015 different than the anticipation of the last 5+!
When ANV seemingly hit some new lows more that a year ago, Stephen Lang jumped in and bought 10K shares at 3.65 range.
Now at this price of .90 cent range, no Insider has jumped in to say this is a no brainer deal and bought a confidence sending amount… at least thus far.
Short term investors, get frustrated with these moves down and think they made a bad choice.
Long Term - …... IF…. you believe that this company can survive the tough times, then buy more and ignore the short term market reactions that are then followed by manipulation money to drive common investors crazy…... It will drive you crazy!!!!!
The last time I talked to the company, they're break even was around $1200/oz. I would think that has come down some since then. But if Gold went to $1000, 800 or 700/oz, that's going to create some strain here.
How will management deal with that? Have my thoughts but not sure exactly. One has to decide to what extent they trust management to get thru these challenging times. Would love to see a solid insider buy as I would take that as confidence with a plan in place.
IMO, I don't believe a BK is on tap here, but it's going to take some time for Gold to recover.
"Gold Sells Off On FOMC Minutes That Favor Hawks, And On Rallying U.S. Dollar"
Yesterday's news that sent gold on recent spiral