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So... today, someone or some group sold 580,000 at .1494 or lower.
Let's be conservative and pretend it all sold at .14 which is $81,200 which we know is high and the amount realized is less. So maximum amount sellers walked away with is less than $81,200.
Let's say some bought in when the stock crashed last year at .09 on average... those guys walked away with a little cash in their pocket... but most did not.
Why would anyone sell this stock right now? It makes no sense! The majority of the waiting is done... we are closer to a Markman than ever... it could be any day!
So once the Markman comes out, let's say Stock only goes up to .28/share ... $81,200 only buys 290,000 shares and these Sellers missed out on a least a double... I see a much higher share price than that on a successful Markman.
Impatience can be a killer.
GLTALs
Dilution? This company has no REV at present.
It has solved a thorny issue with Hudson, has a low burn rate as Susman eats most of the Legal Expense, and has a Markman pending.
Lack of NEWS is at play causing impatience to get the best of retailers... and some strong Tree-shaking.
Causing a panic on a long idle stock just when News is due is age old.
Chasing VRNG using funds from illiquid WDDD is a poor play.
VRNG could triple, or better yes. I am long there, bought more today BUT... WDDD should skyrocket soon... eclipsing a triple and I see a six bagger plus... picked up more WDDD today as well.
An I would think more being shorted today... this should be good for Longs.
VRNG is $1.00 in pre-market today.
It bottomed out @ .46 not too long ago.
My avg is .89 so...so far so good.
I expect good news out of WDDD within the next 30 days. We should see this stock go up in multiples upon a successful Markman and now with Hudson settled, we should have smooth sailing on that front.
I am going to add to my position here. The tree shaking has brought about some great low prices. Anyone who has followed me knows I like this stock a lot at .16 or better... I have bought at levels higher, still would add all the way up to .25 but sub .16 is a great buy. Bought some yesterday.
GLTALs
Check out Vringo... good things.... soon here :)
I would call this low volume... 127,000 shares only = less than $20,000.
Reasons: Impatience, Short-Selling tree shaking, etc.
This 'new' Legislation is geared towards frivolous cases... WDDD is solid. If you have lost faith then I see a 40,000 share ask on the board @ .13.
I wouldn't sell here but each to his own.
If Casper's MSJ ruling on WDDDs is an indication... Mid-March could be the ruling.
In case you missed this article:
http://www.sciencebusiness.net/news/76881/New-guidance-provides-optimism-for-securing-software-patents-in-the-US
A VRNG follower posted this on their Board.
Now that Hudson has been resolved... watch for a debt financing
with another finance company (there had to be motivation for WDDD to drop warrant strike prices down to giving them full shares) and this time it will be announced shortly after a positive Markman. Last time, they went with Hudson in advance which proved to be a misstep.
Now Hudson has no more motivation to suppress the share price as they did to negotiate a better strike price for the 8 Million shares they received... this should allow WDDD shares to move up.
This NEW debt financing will be positive for WDDD share price, it will add much needed funds to their war chest and I believe it will result in near term announcements of new lawsuits that expand their claims against other infringing companies.
Both WDDD and Hudson ran the clock using Markman as a deadline for negotiations. The fact they just settled tells me we are very close to hearing from Casper RE: Markman results.
Finally, we are 'back to the future' on this one... GLTALs
ATVI would not make a play for WDDD at this point... if it failed, it would reflect poorly on ATVI and add fuel to the fire of their guilt in this matter.
After Markman comes out and WDDD's case shows multiple infringements, the stock will go up 300% to 600% (my expectation).
This will cause many to dump as most retail investors are more than happy with a double and won't believe their luck if they book a quintuple bagger+. At this point, ATVI could start to accumulate shares with relative ease. Let's say they get 35 Million shares(or approx 1/3 of the float controlled through multiple accounts below 5% each to avoid having to disclose their postition) they now enjoy a risk mitigation of a 35% rebate on any award. I doubt they will get much more than that as there are some large shareholders here that are expecting a $10+/share price which will make it difficult to shake them out for less (I am one of these shareholders).
Now with a 35% reduction in costs, they let WDDD go after others who have infringed and ATVI reduces it's burden to less than Zero and actually books a tax loss (which it wants as it is a REV machine) on it's core business and doesn't have to record a profit on it's WDDD investment for possibly several years...
And should WDDD not be successful, well, then they didn't lose anything...
I believe WDDD will be successful and I think the shares get to $1/share in the short run after the Markman results come out. I also believe ATVI will take a position not too long after and then settle (they have a history of settling). After all that, a proven Markman, a large co settling, WDDD's stock rises all that much more and ATVI gets their court loss back and watches other infringing companies pay... which they may not be able to digest as easily... afterall, it's about cashflow.
Smart infringing companies should also be watching this stock and the Markman... they could be well served to take positions to mitigate their situations as well... which I believe will happen and that is why I see this stock going to $1 in the short run.
I also think that is why Hudson sued WDDD... they want as many shares as they can get before this gets heated up. I don't think they will win but they did tip their hand and that's why I bought more.
GLTALs
DataStream, have you heard anything new on the Hudson Bay suit?
Cap... that coal... don't worry about it... with time and pressure (and VRNG has been under much pressure), you'll have Diamonds.
I don't think Google is over but at these prices, it is a bonus play. Other cases such as ZTE will bring in large dollars. I am looking to add but already have a substantial position there.
Merry Christmas & GLTALs
Hudson selling only to drop warrant price and get longer exercise terms... which would mean they are appealing (based on DataStream's news).
Who else would sell that much with the odds pointing to a positive Markman?
Well it looks like the Hudson games persist... who puts 479,000 shares on the ask? Only someone trying to keep the price down.... and on a known 'light' trading day before Thanksgiving.
Not a jump... this happened as a result of Hudson losing in Court yesterday (on their Warrant reset litigation vs WDDD) so no more need by their guys to hold down the price action. We should see a steady increase in volume and price now that has been settled... I don't think they will appeal (not sure if they can). IMHO of course
DataStream provided the info on the win vs Hudson.
Onwards and upwards!
DataStream,
Do you have a link? Where did you see this?
I ask as I am interested in their ability/desire to appeal.
Thanks
The good news here is that Hudson believes WDDD shares are worth all this BS legal expense. The bad news is WDDD has to spend resources fighting this BS lawsuit. 1) there was no material change in Kidrin's options... so there is no event to sue over. 2) Hudson accepted the warrants and a bag of cash for doing little. 3) Hudson has a predatory past which never plays well with the Courts.
Nuisance Suit at best.
The take-away? Hudson believes your shares are worth much more as well... and time is running out for them to exercise... which could mean a BIG pump is coming in 2015. They are good at making money.
Thanks for the heads up. Just bought another 100,000 shares @ .1625
I think this is Hudson trying to cap the stock off in their Warrant War... but then it might just be a Short who has been watching VRNG too much ;)
Interesting Read: Patent Suits Drop as Rule Changes Favor Tech Companies
http://www.bloomberg.com/news/2014-10-28/patent-suits-drop-as-rule-changes-favor-tech-companies.html?cmpid=yhoo
Technology companies have been the target of fewer patent lawsuits since a U.S. Supreme Court ruling and new government polices made it less profitable for licensing firms that create no products to file questionable cases against those that do.
The number of suits filed in the third quarter of the year dropped by 23 percent from the second quarter, according to a study by industry coalition Unified Patents. About 88 percent of the decline is because of fewer cases by companies that make more than half their revenue from patent licensing and who sue companies in the computer, electronics and software fields.
Sorry Keith but I feel I must disagree: http://otcshortreport.com/index.php?index=wddd&action=view#.VEqybMmhE5p
I hear what you are saying. My point is I don't think they
have a Major Short Position So I don't count that as being Short.
Instead, I think they are selling only to suppress which is costing them next to nothing at the moment as there is no volume and selling in drips scares retail which causes share price to eat itself thus fulfilling Hudson's goal.
I don't think Hudson is getting impatient to get out but rather they see they are running out of time to negotiate a larger stake. If their drips (small spends) get their warrants repriced lower then they are huge winners here. Wouldn't you prefer to get your shares at half price?
This is a Hail Mary Play. I don't think they will be successful. They have to try... it's what they do. Soon... and I mean any day soon... this stock could explode up to $1+. Hudson waited too long thinking they could use the Markman against WDDD's desire to do another financing but once Casper releases her report... Hudson's leverage will dwindle.
At these prices... anyone buying should be happy IMHO.
I doubt that Hudson is still currently Short. They are not a small
company and this play is too small for any gain that they would be spending time on. I believe they covered earlier this year when the stock crashed after the MSJ. Now, they are trying sue to get more shares because of the depressed stock price.
So... IMO, it is just a sideshow to piss off WDDDs by stressing out their shareholders. I wouldn't be surprised to learn they are adding at these levels when weak hands give up and sell.
Good news for us is that the price is still excellent and news should be forthcoming in a just a few weeks... maybe even less.
55 counts says this is stacked in WDDDs favor.
Not really, Investors would like a copy because they weren't there
but Susman knows what they delivered, ATVI doesn't want to look weak by ordering it and really it just comes down to what Casper focuses on... and that is subjective for anyone trying to decode her process. Ultimately, we wait.
CEO Kidrin thinks we should know within weeks... go see post 17787
Hudson Bay.... why now?
This suit is without merit and is meant to distract investors in WDDD to further suppress the share price. It's a form of blackmail.
I'm not worried, Kidrin is expecting a Markman verdict by Christmas and a trial in 2015... I expect Hudson expects the same and that is why the timing of their legal action is very encouraging.
For me, this means 1) I get to add more cheap shares. Just bought another 10K today under .17!!! and 2) Share price will go even higher if shorts like Hudson Bay are still short.... they will need to cover sometime... my guess is they hoped the press release on the suit would buy them time... not getting my shares.
Someone has been shorting: http://otcshortreport.com/index.php?index=wddd&action=view#.VD_kT8mwSDB
Excellent Post and a great read.
Thanks DataStream.
Amen.
DataStream, thank you. It needed to be said.
WDDD has a bright future and Kidrin has been a great Steward of his own business... I expect him to remain diligent and his handling of everything so far is why I continue to buy more.
Reasons for the drop:
1) Someone is shaking out weak hands... or selling to themself in an attempt to drive down and hopefully get a big lot from a panicked seller.
2) Someone wants fear to spread... as it creates cheap shares
3) Most everyone knows the serious players in WDDD are already in and that illquidity is huge... so easy to beat it down.
4) Someone is willing to spend to keep this down and fear to a maximum hoping to get those who don't understand High Beta stocks to sell.
5) No News is biased towards Shorts (in most stocks) so those who don't know that No News is usually Good in Patent Plays (after a hearing while the Judge forms their opinion) are panicking.
The good news? The current share price is nothing to worry about. Go outside, read a book, do something else you love. This stock needs time and until Casper comes back... it's all just fodder.
But, I do love to see new Posters trying to scare Old Timers with incomplete info...while they pretend to have found some smoking gun that will destroy WDDDs... it adds some excitement here.
As long as Susman continues to move this forward spending their own money to do so... that should be a good 'tell' for most investors.
This Board also has a strong group of Patent savvy investors who have been here for years and know the State of Litigation...for real. Go back and check their Posts before listening to Newbies who preach Doom & Gloom.
Worlds Inc. vs. Activision Blizzard Patent Infringement Markman Hearing Completed; Awaiting Ruling, Trial Date
https://finance.yahoo.com/news/worlds-inc-vs-activision-blizzard-130149457.html
When fear is at it's highest...
It's usually time for a Bear Raid.
Not selling... GLTAL
Proof: Not all Patent Plays are created equal...
These are the guys getting themselves in trouble.... nothing like WDDD.
http://arstechnica.com/tech-policy/2014/10/largest-patent-troll-hit-with-1-4m-sanction-for-suing-netapp/
No Insider sales this year...
Top Owners
Name Shares Held Value
Chrust (Steven G) 6.2 M $931.7 K
Cougar Capital LLC 100.0 K $21.0 K
Fireman (Robert N) 464.5 K $74.3 K
Kidrin (Thomas) 1.3 M $206.4 K
Ryan (Christopher John) 750.3 K $120.0 K
Stolar (Bernard) 100.0 K $16.0 K
I agree. I'm talking near term.
Once we move into the last hour of trade today... this could be back over .25/share. Tomorrow is the much waited for Oct 3rd... and any PR from WDDDs... well that could send shares much, much higher.
Well... I don't have a crystal ball... and personally, I am not in this for the quick flip. Once Markman goes green... this stock should bounce up (and hard) as it's intrinsic value has increased dramatically. Every step forward brings on demand for shares. Just like on game day... every yard closer gets the Fans more excited.
There are currently less than 100MM Shares outstanding, I expect some day-trading but core positions by large position holders should stay firm for some time... I see clear sailing up to $1/share. At that point some large positions may take some off but this is the best kept Patent Play secret going... wait until those who want but can't invest until this is on a more senior exchange start buying... right now.. you can buy these priced like out-of-the-money options (with the bonus that that never expire). That price will change as we move into the $$$.
Interesting Info:
http://otcshortreport.com/index.php?index=wddd&action=view#.VC2IQhawSDA
Not high volume....
This is a stock that has been trading around .22/share which means 300,000 shares is only $66,000 (max). I'm willing to bet that someone is taking advantage of the 'wait and see' mentality behind the current illiquidity and is selling to themselves through various accounts.
It's a great environment to pick up cheap shares from weak hands... I think many overbought (over their comfort level) and now watch this stock thinking they were going to make fast money but are now getting scared. The Market is smart, it picks up on this... happens everyday.... FEAR & GREED
If you let recent VRNG and VHC headlines get to you and sell today... I think you will regret this choice. ATVI is the first co. WDDD will be going after... many more to come with Susman paying (and sharing in the wins/losses). I seem to remember financing & a listing upgrade was promised by the CEO upon a successful Markman... correct me if I'm wrong.
I expect PR from the CEO about this and a share price North of .5/share... based on a Markman I feel is about to green-light the lawsuit... go back to the MSJ... it would be shocking to not get it... Same Judge.
As we enter the last week before Markman...
It has been a disruptive month for Patent Plays. So far, the Hot Money has showed little interest in WDDD. Volumes have remained low, price action has demonstrated Fear as the clear winner here.
It's never as exciting as watching a run-up but this is not the main event... although it has a huge impact on next steps. It's looking like most are waiting for proof of a successful Markman before adding or initiating a position. Smart move after watching VRNG drop by 66%+ and huge drop in VHC... which is up almost 9% today as I write...
Remember, fear is what is keeping this stock down. Once we clear Markman, this stock gets very bullish and those thinking of selling won't accept today's prices.
I added again today... not advising anyone else to do so... there is risk here that some cannot handle. I feel very confident WDDD wins here and once doing so, they start applying the pressure on ATVI like they have been wanting to do...for some time. We are about to enter the Bull Arena. Our patience is close to being rewarded... I still plan on holding most until Settlement is secured... and most likely will keep most while we watch Susman extract monies owed from all the other infringing Companies that will have to acknowledge the ATVI Settlement into their own positions on settling. First one is always the hardest.
I agree, not a great article but it is the beginning. However, this
is what brings attention to the stock. Some will be Day Traders and some will see the Bigger Story. The good news is that the long awaited Media attention has begun and that is good for all Longs.