perhaps that's the reason for the price action? I expected it would be hard to hide the 2 decade long corporate malfeasance. My lawyer once told me that "the truth tends to come out" when you get in front of a decent judge.
" the document discloses that ParkerVision is seeking damages in this case of nearly $500 million"
much less than many here would have led one to believe
I think prkr would only have to pay q's legal fees if the judge decided porkervisions case was frivolous, which I suppose could happen.
So far seems like a pretty consistent sell-off happens after the judge adjourns for lunch and they are free to use their phones/email. The observers must call in their trades at lunchtime else report to whomever sent them.
It's been JP's company from the get-go and to give him credit - he's kept it running against all odds for a very long time, so you get what you get. Besides he appears to be the ONLY board-member with a significant stock holding - JP may be a funny duck but he's probably a godsend relative to Todd or similar.
Motley fool had a nice little mention of prkr in the hazards of shorting article
I wrote a critical article about ParkerVision (NASDAQ: PRKR ) . It's a small, Jacksonville, Fla.-based company that has virtually no business operations. It's been in business for 20 years without ever generating a profit. To keep itself afloat, it regularly raises equity from new investors, thus diluting existing investors. The primary beneficiaries of this non-business are its CEO, Jeffrey Parker, and his cronies in management. Even as the business loses money and shareholder value is destroyed, they keep getting paid. At present, the company's primary reason to exist, aside from lining the pockets of management, is to litigate patent claims against Qualcomm. In my opinion, the company's claims are largely hype, and its only chance to win a claim is legal incompetence (or favoritism). In August, I reiterated the case against the company, pointing out its continued cash burn. In all, there's a very solid case against this company. But that hasn't stopped the stock from running up. Year to date, the stock is up 65%. In the end, it's proof that as a short-seller you're subject to the whims of the market. Even the worst, most questionable stock might stay flat or even increase, in spite of common sense and a rational thesis. "
Seeking Alpha is a strange outfit - they certainly do serve the pump and dumpers and the shorts of the world.
Did they cover the part when JP shamelessly pumped the TI affiliation making it sound as if TI was a parkervision customer instead of vice-versa?
They really set the bar high for making the loser pay winners fees in the US. In the UK it's standard practice.