geneva it could also backfire on Apple. Now many will know that Google has been in talks with vhc. Gives big credibility to vhc and its entire patent portfolio. Even if Google has negotiated a deal it could be based on a non litigant situation so it should be less then a company like Apple that has been a lying ,deceitful , combative company. It may be a dumb move on the part of a desperate last minute gamble. Apple is cooked in my opinion and its just a matter of time. The shorts can spread what ever Fud they want they are in the slow cooker. Tomorrow could be very interesting. Lets see if the shorts can manipulate there way through this one...
Zeleration I have been on the sidelines for awhile but cant resist this new twist. Google has always been a potential suitor in my mind as well as many others. Its a perfect fit especially after Jobs said it wanted to destroy Google and android and he wouldnt give up till his dying day. Well Jobs is gone and Android is over taking Apple in leaps and bounds.That has obliviously been a idea carried into the Tim Cook era. This new twist seems to have Apple really nervous and trying everything in its power to curtail VHC. I have a new opinion of Apple that has been developing over the course of this investment. In a few words Apple is an arrogant slim ball company that will stop at nothing to stay king of the hill.And yes It appears that Google and vhc may have linked and maybe inked a deal to the outcome of the CAFC decision. Google has to be excited that it may be close to sticking one of their biggest deals yet and to of all companies Apple. This new subpoena may be a really fun turn of events. Tomorrows market open could be a very fun event. Sometimes It takes wall street awhile to understand what is going on. After all what can we expect from these multi million $ earners. Shorts are always the ones with the inside info. Take todays PPS, someone had advance knowledge of the subpoenas that were to be filed . Vhc up 8% on what seemed like no news.By the way max pain is $17 so a run to that figure puts the most money in the ockets of the other slime balls, the MM's. With this news and lacking manipulation we should blow through that figure . We all know about the continued manipulation so who the he** knows. Stay tuned for the open.Thanks Zeleration for your always well opined posts.
Geejoe, I dont believe there is a solution. When a board is around this long and the stock has not done what we all expected in the time frame that many expected it is my opinion that most boards will deteriorate.How can they not. The bashers are paid to do what they do and there is no end to them. We on the other hand seem to play a tag team approach. Some will post for awile then get tired and others take over. I remember you having home issues to deal with and were gone for awhile. Now you are back and I am lurking. This is my first board so its all from observation but thats my take. I know where you are coming from geejoe. J steven and myself use to tag team a little as well as joehank and so on. I am back to working full time so cant post as much.
Well Carl I kind of gave up on trying to figure dates and times but it should be any day and as far away as mid June IMO. Then we have appeals and motions and you name it. Apple could drag this out for another year if you total up all the stall tactics at their disposal. They have so much money that money is no issue. If Apple is somehow behind some of this shorting then they are making money as they stall. Many on both boards have expressed time limes and scenarios. Its been a fools game trying to predick timelines as we have seen with the RR ruling from HJD. Its no different now. We all try and use logic but in reality Apple is not using reality and is just as arrogant as ever. Wish I had a better crystal ball because mine has cost me a fortune betting on the option game.
Agree sunmark. Vhc is a news driven stock at the moment and has been for the past 3 years. We all wait for any news that will move the needle. Seems like the posters are just combating each other . I have been there myself many times. Just mostly lurking these days waiting for vhc to prove it can live up to expectations.A buy and hold investor is even after 3 1/2 years. A stock and option buyer is probably well behind break even.I can attest to that . A good trader could be ahead. IMO and with a much higher cost basis then where vhc is today vhc would have to go to $100 to be a good investment ( and not a great investment) after waiting for 3 1/2 years. Virnetx will one day be a revenue generating company,if not bought out, its just when that will all hapen is anyone's guess.
Wonder where we could find a legal based hedge funds.Sorry couldnt resisist. As far as the shorts are concerned I have long said that this game has gone on to long for many of the shorts to not be hedged with options. If in fact Apple is behind much of the manipulating short trade then the shorts will be the first ones to know what and when Apple will be ready to make its move towards settlement. Short squeezes generally come when the crowd gets a surprise piece of news. The shorts have had over 3 years to manipulate VHC so where will the surprise come from. I think we are lucky in the fact that there is such a small float so even if 1/2 the shorts are hedged we could still see some fireworks as long as we get good new buyers with some clout behind them. That legal hedge fund you mentioned that know how to play the game would be the perfect scenario.
Good to see you back Sunmark. Excellent posts. It has definitely been a long road for vHC but hopefully we are closer to the end. It would be astonishing in my mind for the CAFC to reverse a decision it just made on 4/25. I believe that decision set the stage for a good outcome for VHC. Thanks for posts
forhire, if you are on margin then Schwab has already lent your shares out to the shorts. I am not sure if they can give you certs while you are still on margin. I would just call them and tell them you want your certs and see what they say.
Clint I have my doubts that the shorts will cover before Apple settles especially if Apple is running the short show. Yes oral arguments were March 3rd . I am with you on the June date but we expected HJD long before he ruled on the Cisco re trial. I just about gave up on predicting these legal issues but if I had to pick a date I would agree with you.
They sell licensees for their technology. Revenues will come from ongoing royalties. Pretty simple.Similar to that company called Qualcom
Well said inowhoyour and I know what you mean.LOL Vhc has been quite a disappointment so far. 3 1/2 years of losing money and learning lessons. I have to say I have made more money with my puts then any long strategy. This year better be the year . All us longs need to hang in there because Its usually when you throw in the towel that the market turns around on you. Thanks ino
With the markets closed on Good Friday ,Thurs is options expiration so make sure you close out positions by Thursday. Its interesting that Max pain has not been very accurate of late. This months max pain is $15 but that could change tomorrow since we had what looks like a roll over in the $14 puts with vol of 2830 and 2730 into the May puts. Just passing info on ,nothing shows much indication other then waiting for news.
Thanks inowhoyour, Bashers may try and twist that a bit but its clear on the reasoning..So highnoon the shorts are not really doing much covering and we have the highest short interest on record as far as I can tell. Almost 18 million shares are short and those are the ones we know about. Probably can throw in another 6 or 7 million shares. Dont see how this can end good for the shorts although I would bet that at least 1/2 are hedged with options..JMO on that though as there is no way to tell who owns all the outstanding options.
forhire I am with you on this topic. I would rather see some kind of equity position partner with a Google,Boeing or qualcom where vhc keeps its independence and is allowed to develop into another Qualcom.
Vhc does have a very good poison pill in place.
Kind of agree with boris on this call but will add that with a news driven ,litigant type stock like vhc we get botoms and tops at any given time.For the real bottom we will probably need a few events like Apple settling and paying up and a new big license by a Samsung or Google or Boeing.
If the shorts start a slow exit IMO it will be because Apple has told them to do so because something is transpiring. Good volume on 4 of the past 6 up days. Something that will be needed on any sustained move up.
I only wish I had the contract to fix all the shopping carts in all the Walmarts. Do you knuckle heads know how much that contract would be worth. Of course you dont have any idea otherwise you wouldn't be working for .05 a post.