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This is what I think is going on . Ad you said it's being propped them the 2 sellers sell at this price but I think when it goes down institutions are increasing their positions . The selling will probably be done by the end of this week . I wouldn't be surprised if this is all negotiated in some way
Make it rain profits rainmaker :)
Lbc, I hope they issue a pr telling everyone that IS and bcpi have closed out their position
Rainmaker where the heck did that come from lol
If I were an institution wouldn't this be the best time to accumulate ;)
So it's safe to say that your short term price goal for this company has changed ever since your price projections after a Symantec settlement ?
I'm all for an acquisition as long as it's a company that's currently profitable . That would be awesome as it will bring consistent revenue to the company
Israel seed now down to 8.36% ownership as of march 7th
Dude I'm so jealous but I guess I'm happy with my shares . This has got the be the best time ever to be buying
Ugly the fun has just started . I'm so tempted to buy more but being homeless and living in my car made me to cautious to do that . I gotta 2 k position and I hope this won't explode before the end of June so when I decide to sell I wollbeosyong minimal taxes on this future exploding puppy :)
Ugly can we say INSTITUTIONAL BLOCK BUYS ;)
This is exactly what happened (although on a smaller scale so far) with vhc before it shot from 4 to 40 when I was on it years ago .
This can't be an ordinary i buy as the market makers would never keep it at one price for such a huge amount of shares
If I only didn't send some money in to buy some bitcoin last month I would be buying even more fnjn . Israel seed and bp are giving us a gift folks .
1BC , your going to be rolling around in cash by the summer time .
This has got to be he biggest no brained I've seen since vhc
D3 you sound like me lol
Are you sure your not my doppelgänger lol
It's at 3.32 now after hours eom
And Symantec has the money to hire great lawyers . This sends a signal to other companies that it would be better to just settle outside court . It's a better buy here then it was when it was under 2.
Either that or we are very close to doing that . It's hard for me to see anything wrong with this company especially at this price .
Trading at 3.30 so far in afterhours
Ver up good point . I wonder what fnjn' pjans are for the patents they bought from ibm ?
Oh . Then that means they probably won't be paying up that additional 45 million cause what are the chances that Symantec will be making such an acquisition. ?
Rainmaker I'm most excited over the second part of this deal as this virtually guarantees that fnjn will make an acquisition of another company to get that extra 45 million bucks . Imagine if they buy a company that's already profitable and making money ? This will mean consistent reoccurring income . This is the part that really has me excited .
Fnjn now is one of the most undervalued value plays out there at these prices
This is the biggest no brained but around lol
I'm such a dork , couldn't resist that one hehe
Seriously after 8 months of ups and downs I've never been more confident in this stock then I am
Now .
Oops spoke to soon 3.58 lol
Now at 3.53 eom
Ugly do you think those big blocks are institutional buys?
Cool ugly , my brother owns a lot for Cisco . I hope fnjn nails Cisco bigggggggggggg weeeeee
Ugly not just that but did you read the press release fnjn just came our woth ?
Symantec said they will pay fnjn an extra 45 million if they acquire a company from a list of companies agreed upon . This means fnjn will be on the acquisition hunt . I smell a partnership forming with symentac . Ciscos loss is Symantecs gain and our gain too
God bless him and tell him I said hi and I hope he's enjoying himself . If it wasn't for his sober posts and great info I would have sold this for a big tax loss .
Ugly the better question is where is 1bc, he made a fan out of me .
Yea guess your right Roger . My original trade plan was 6-7 bucks . This stick should be at that price now . This is a bargain price and if I had the money I'd be buying more at this price .65 freaking million dollars coming in 20 days lol
Guys I'm perplexed . Why is this only up 9 cents lol this is insane
Where's 1bc at ?
I do agree they need to get the word out but on the positive side people are picking up shares cheap . Maybe they want institutions to get more shares before they get the pr machine rolling ?
Correct me if I'm wrong but won't they have over a 100 million in cash after they received that 65 million in 20 days ?
Once news gets out to the market I can't help but think this is going to be rocking for a while .
If they get the word out 5 bucks open , 6-7 close . I wonder if there is more to this deal as well . Like 1bc said it makes more sense for them to buy fnjn out then to throw money at your competitor . I think this will be a signal to the other companies to settle with fnjn as well
My only guess is that few people know about the full deal outside of a few forums . I think tomorrow everyone will know if they got those press releases coming
Thanks my friend your so right :)
Only 5500 shares???? I wish I had that much :)
I got 641 shares lol but I'm happy . Here's to tomorrow my friend
Roger I hope I didn't toot that horn for them lol
Couldn't help it . I'm like a kid in the candy store who wants every flavor .
Dude your buy after hours is genius . This thing should start the day at 5 bucks and end beyeeen 6-7 bucks minimum . What I love about fnjn is that they love those cash in hand desks .
65 million bucks within 20 days = me going weeeeeeeeeeeee
Oops meant took guts lol
Thank god I kept all my shares , took guys to buy while living in my car . Guys how long do we ride this and does this mean other companies will be eager to settle as well
No after hours trading ??? Has this been halted ?