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Alias Born | 02/11/2011 |
Sunday, August 17, 2014 11:58:54 AM
I'm sure at this moment you are all hyper aware of what happened to VRNG last Friday. I hope you were not one of the ones scared out of your shares here. Why?
If there is one thing I know about people, it's that most of us believe in Justice. Look at Ferguson, MO. They want Justice. I can go on and on but I think the point is made.
In the next few days... wheels will be put in motion to undo this GOOG win and why? Because it was a small win, without merit, an abuse of 'Obvious' and puts at risk Western Civilization that prizes itself on protecting Intellectual Property. Heck, it's why so many of the Worlds best move here. To invent and get rich. IE: http://en.wikipedia.org/wiki/Sergey_Brin Heard of him? Yep...co-founder of Google.
Sounds like a good reason, yes? But it's not enough, is it?
Well, many believe GOOG Legal bullied its way to this decision... why would they do that? I believe there were many reasons... sometimes we all have to 'Jump the Shark' to see how the World will react... sometimes it sticks...usually it doesn't.
More importantly, GOOG just put at risk it's arsenal of patents, Apple's patents, MSFT's patents, and this list goes on and on and on... we don't make much in the US anymore... we need Patents to survive... Just ask any BIG Pharma Co... are their patents now at risk? And how? By allowing a group of old men decide what is Obvious in complex sequencing/algorithms which form the very backbone of Tech and Pharma... which means they have in essence a VETO capability... That will not stand... Follow the money... the Government makes huge money off issuing Patents... not to mention tax from the profits, jobs, etc...
So... my point is that phones will be ringing, power brokers will be influencing and decisions will be made. A Judge in his 70s will retire, a decision will be overruled, VRNG will win but sadly many retail investors will be out a lot of money as they were scared out of the Stock.
This brings me to WDDD. Watch this stock. It looks like many panicked here as well on Friday. The base held. Now, with all the Media attention, there will be a large uptick in interest here and demand for the Stock... especially with Oct 3rd now just around the corner. GLTALs
As an old faithful and patient investor of WDDD likes to say... horse to water. It's your money and your decision but I plan to not sell too soon...
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