Finjan Holdings Inc (FNJN)

[lbcb123]

I know I will hold on until there is a fundamental reason not to hold on. Being manipulated as a low-float, low-volume stock is not a reason to sell. Only suckers sell at the low when the fundamental value is many multiples higher.

If either:

A) A major patent was successfully challenged

B) Their business units of Finjan Mobile and CybeRisk both showed they will not be successful

I would change my valuation immediately. Neither of these is the case, so it is not time to panic. With that said... they need to have something positive to say in tomorrow's conference call about new CybeRisk clients or I will agree they failed to attain what they guided for that business unit and I will proceed much more cautiously.

Revenue was paltry last quarter but not totally unexpected. It is the CybeRisk guidance for this quarter and next year that will make or break the immediate future. It also appears their mobile browser is close to becoming monetized. This one is far from done.