Would appreciate your comment. Friday was going really well until that kick in the stomach mid-day. Should have never bought the hype, and should have sold on the last good news. I have always commented my doubts on this stock, yet I never acted on my doubts. All we can do is hope they have something good to say on this issue on Monday. Another negative is the stock price drop on this issue. It shows that they were planning on this money to go forward and I bet they have already proceeded thinking it was a lock!!!
This was a long shot to begin with and now having to spend more legal resources and maybe a year or two wait for a decision. Google knew they were going to win, that's why they did not just buy VRNG and after seeing this article again the possible payout, if won is nothing like what was anticipated. I hope they send it to the Supreme Court, but I wouldn't buy more shares here.
The derivatives market is one big organized game for the super wealthy, where fundamentals are not the primary concern. The new game of manipulating stocks, bonds, inverse funds and notes are definitely not backed up by traditional economics. The big boys make there mega-bucks by creating a divergence within the normal market flow. I believe prices are closely pre-determined by unlimited funding, super computers, very complex programs, and algorithms. Fundamentals are secondary in this market now. The primary reason stocks go up and down is what I am talking about. There is no economic sanity anymore and most economists are caught scratching there heads trying to cope with its results. The main objective is the destruction of the middle class and the majority of the revenue stream to the mega-wealthy. Its always been there, but now its execution is more precise.
They keep the 84 billion they steal from us every month in a room next door to the exchange so they can moderate prices as quick as possible. If they need money they just get the forklifts going.
This is a toxic investment after only 30 minutes of showing volatility. Some are buying and keeping it a few points higher, but there is strong momentum that will eventually take any short term profit away very soon.
It will take WW3 for this baby to really move and stay moving north, unfortunately it will go to zero first. This sucker is up only 7 cents and it went from minus -11 cents to before the news to up 28 cents up within 15 minutes.
BBRY (RIMM) thought there patents were assets and worth something, but they wouldn't have made it without the cash. They cannot sell shares at 79 cents or less.