Thursday, March 27, 2014 11:11:39 AM
Simply, I posted the news to explain to others (like yourself) who were confused as to why the stock was absolutely hammered this morning.
SPEX is currently down 20% and the financing deal is the primary reason. You claimed the reason could be money flow into VHC but that seems preposterous and I provided the link to show you how the markets work in valuating these IP companies with terrible capital structures.
As for the "spike" this morning that preceded the massive sell-off, that was obviously the result of uninformed traders buying the CSCO news which was PRed a day late and already known by more experienced traders. Those that ignored the financing news and focused on the delayed announcement of the CSCO lawsuit have paid the price.
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