Thanks for honesty osprey. As we all know trying to pick the absolute bottom in stocks or the markets is a tough if not impossible game. Even at $5 the risk has been greatly reduced. still a good time for a position IMO. Risk / reward is much better than at any time in the past several years.
What do you do in the boating industry. Catamaran sailing is my second love.
Add stock manipulation, people profiles, courtroom antics and more. Buying options have only been moderately successful. Writing options has been the way to go. Spreads have been good as well. I have to say I have made much more money buying puts then calls. Right now at this stage and pps I think buying long dated calls will be the winner. That of course is if you believe that vhc will win in the long run.As you say it has been a fascinating study, We can agree on that.
So why are you here osprey. Me I am long and have been for almost 4 years, Virnetx has been a terrible investment to date. I got in at $20, bought lower and higher,lost a bunch on options,made a little on trading . Adding some these days and buying calls and just going to wait it out for the next several months . Patents are valid with tremendous potential and now KL has to come through with his promises or this could go on for years more. PPS would have to $40 just to break even for many ,me included. The markets are nothing more then a casino these days and stacked against the little guy.Nice to get a win every now and then.
Dont think it has anything to do with options expiration. Today was the deadline to respond. As far as on Virnetx website well you know vhc many times late or not at all. By now you have read the motion, its real, here is link https://www.dropbox.com/s/fkp54o2esbhjavy/13-1489.pdf?dl=0
"Problem is CAF are using de novo review and not considering the trial evidence as it was heard by the Jury. CAFC ARE CLEARLY BEYOND their mandate and SCOTUS is taking notice. CAFC are not supposed to re-try cases, not to mention ignore fact as questions of law. Not only are they doing that but now they are making technical decisions without the assistance of technical experts! "
Couldn't agree more Zeleration. When we all were looking at what the CAFC was going to review prior to their findings it was a given that they couldn't review new evidence and that their job was to review what was at hand. They are playing the all powerful and injecting items they have no business injecting. Technical issues that a jury and judge had already ruled on. Something has been fishy here since Rader left. Seems like Apple may have had some sway here.Its blatant willful infringement from a company as you say tried to patent the same art. Its really #$%$ and makes my blood boil. You couldnt write a Hollywood script any better. Thanks for post Zeleration you always have good info,this one just makes me made as Hell.
Bill, Can you imagine the time that has been spent by the legal team .If they get 8 or 10% ( number I remember ) Thats a nice chunk of change and as you say some pretty good PR.
I like this En Banc filling. It seems really thorough.
Great read everyone. Virnetx legal team seems to have covered all the bases, even the Teva case which happened just yesterday. Read it folks . By the way En Banc means VHC is asking for all the judges of the CAFC to re hear the case that the they (CAFC) just ruled on. Which in our case was just 2 judges. Basically re visiting the damage remand
LOL spectre, surely just a simple typo. As far as a new IP patent play, I for one will never do another. Not enough time left in my trading lifetime.but thanks mclass232.
I check the web site from time to time. Dont remember seeing the wording "active discussions." It was probably there and I just didnt notice , thought it interesting.Not pumping just sharing so bashers need not respond.
"Secure Domain Name Initiative
VirnetX is launching a Secure Domain Name Initiative (SDNI) and is in active discussions with leading 4G/LTE companies (domain infrastructure providers, chipset manufacturers, service providers, etc.). As part of the SDNI these companies will help deliver the necessary security requirements for the next generation 4G/LTE wireless networks. The SDNI will implement VirnetX’s patented Secure Domain Name and automatic Virtual Private Network technology."
True the courts dont have to validate a patent in order for it to be valid. BUT if the courts during all this litigation had found that VHC patents were invalid then I believe that would have over ridden the PTAB. Its important that the courts have upheld the patents. Back to the 2 schools. In due time vhc will either get new licenses signed and pps will be much higher or vhc doesnt get any new licenses signed and pps will go lower. You are in one camp and the longs are in the other camp. By the way Virnetx chosen business plan is not litigation. This course stems from companies like Apple that prefer to steal rather then pay for what they use. Nec, Siemans,Avaya , Mitel, Aastra etc have chosen not to steal. Apple is a swine company that has been stealing for years from many companies.With over $100 bil in their bank account they no doubt will continue that practice.
"The fact that the patents have not been invalidated is neither here nor there (I always assumed they were good) "
Wow, Lets start there ,"neither here nor there". If the patents had been invalidated then non of us would be here. So I will strongly disagree, Patents that are valid are key for VHC's future. Not signing licenses ( selling something) is the reason vhc is at $4.20 pps. Fundamentals are better IMO but the market and the shorts focused on the damage remand. Remember I said two schools and I dont like averaging down but $4.00 is worth the gamble. That is unless you think vhc is completely done then I suggest you buy some long dated puts. No doubt osprey we could have a long time frame ahead of us but then again we could easily see some good upside with some good news. VHC has always been a roll of the dice. At $4 bucks you can add some and put it away and not break the bank.I dont feel blind or misguided.Yes the past few weeks have been a disaster for many. A better time to get out would have been at $20 pps not now. Always JMO
Inowhoyour I think that there will probably be some form of of a way around total lack of access for an organization like the FBI. I am not sure how the technicals would work but with a court order perhaps VHC and others could somehow allow access to say the FBI for the use against a possible terrorist. Its a freedom I guess we have to live with or live without I guess. I am ok with the FBI listening in on my calls to save lives.
Thanks jmw but dont think most feel the same. I always try and share opinions,trading ideas,RC info and so on . Try not to be too bias to the long side. just as this post shows. Sharing some info. Use the ignore button jmw.
wineguy whats your thoughts on how much time is needed for 4G Lte A to be implemented to where vhc technology will be used in earnest. I added today as well.