From what I have read both Virnetx and Apple had responses that basically mirrored the court case. With that said we know what the outcome of the trial was and nothing will change in the appeal briefs. HJD is very careful to dot his i's and cross his t's. Apples response due by Dec 16th.After that who knows how long before we hear from the court. 3,months,6 months . As usual its anyone's guess
I also think the courts dont use injunctions that often because it hurts the consumer more then the rich infringing tech company. Samsung and Apple are a very strange relationship. Samsung makes about 35% of Apples parts that go into Apples products yet they sue each other continually. Could Samsung stick it to Apple by buying Virnetx, I think so.. In our case Apple can certainly afford to deal with an injunction but again it would hurt the consumer more then Apple. IMO if willful infringement can be proven then by all means use an injunction as well as monetary damages, in any case. Someone rich and arrogant deserves what ever they get.
inowho you are indeed fortunate if you have only been in VHC for a year,unless you are a trader. There have been many great opportunities as a trader or option writer over the past 3 years. Virnetx is much further along as is 4G Lte A which is the key to the VHC story. I think you are in great shape here but that being said we could see very positive news in the up and coming months or we could still be in for continued waiting with all the bumps in our legal system. If you have enough cash you could do 2 portfolios for vhc. A long term hold and a trading portfolio that you could write options against or trade. Selling coverd calls has been very profitable for those that have done that. I would not sell calls against shares you want to keep because we never know when news of something big will hit. JMO but those are things that worked over the past 3 years,a buy and hold has not been rewarding and has cost us to have idle cash as the markets have sprinted ahead.
LOL Lasa I know what you mean. Wait 3 years then get your shares called away for 50 cents per share. You then jump off the closest roof top. Happy Thanksgiving to you also but I will be here much of the week.
Yeah Lasa its been a very long time to be sitting on stagnant money. Almost 3 years for me .I am very ready for something but not counting on anything until it actually happens. I have had so many tips I cant count them anymore. Time again to write calls against trading shares and try and generate some returns as we wait.
Not much going on,just the usual activity. One trade stands out . Someone sold 1880 Nov 22nd (today ) at 0.5 ( 20,00 strike )no doubt to close and bought 1880 Nov 29th at .015.( 20.50 strike ) Its happened before. Someone just keeps making this same bet and losing 15 to 20 k . Guess they are just hoping for some news to hit and its worth the 15 k to take the chance. Hamptons are slow this time of the year so hedgies are bored.
You know Boris its pretty hard to figure out what is going on. You would think the shorts had more ammo they what we saw today. Closing up 3.36% on over 600k shares. Go figure. Wonder if we will ever really find out who is behind all these shenanigans and manipulation. In my 25 years I have never seen anything like this. Can you just imagine where the Virnetx pps would be by now with out all the manipulation. I wouldnt be going back to work.. LOL
So Just be prepared when you see lots of options being traded,something is usually up. Not always but usually. Sometimes its just rolling over into different months. Just always good to be prepared..
Ah ,got ya Joe. Yes that is correct. No guarantee Apple even gets through the review board and on to the appellate court. If the review board does not find grounds for appeal it may never proceed to court. I forget the odds of getting an appeal and then the odds for a successful appeal but they are very slim. Apple should not even get the appeal but they are Apple and I have my doubts. HJD has a great tract record and dots his I's . Just look at how long he takes to come down with rulings, example the Apple RR . Cisco retrial. Would be nice after all these delays that the appeals board DENY'S Apples appeal.
Not sure of your question Joe. Yes you are correct,No new evidence can be submitted for the appeal just what happened at trial. If Apple does not make it through the appeals review process I believe Apple will be Apple Pie and nothing can be added for the courts to review.
I see those,thanks. pretty common to see 400 to 800 volume sitting on the bid and maybe a little less sitting on the ask. When we see 4000 . 5000 or 11,000 as we did yesterday thats big volume trades for VHC
Thanks boris, I see those but thats normal volume. Thought maybe s11 was talking about big volume. I am on Schwab Street Smart, usually pretty accurate but doesnt always catch all the option trades.
Sorry keanemack didnt see this post. If we see lots of option trades,especially any Reverse Conversion we can usually expect the pps to decline. So when I say be prepared ,someone may be wanting to add shares and this might be a good time. Someone may also be trading options and this would be a good time to buy puts or be ready to buy calls instead of shares. We have had a 10% decline in just a few days so that would definitely be a trade. If you are just holding for the long haul and not adding its just an FYI
Boris thats a possibility and could make sense. As S11 also mentions There were 3900 Dec 29's bought . I do remember last weeks trading . This is expensive insurance week after week. Stubborn bunch of Bas***ds