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GREAT post Ipittydafoo!! Too many tired and beatin up longs (including myself) is the reason for the selloff today. BIG mistake if you sold after all this time because of 1 more perceived delay imho!
I have to agree Bluv. I certainly don't believe in the boogieman work around. This was and is a Red Herring/ delay tactic/ bargaining chip. Google is only at most 4 or 5 months away from MAX pain!/ embarrassment. They will come to table soon imo.
I share many of your same thoughts, but for now without a shareholders meeting, we will just have to wait and see what management is working on but Im sure this team is not just twiddling their thumbs. I am of the belief that more settlements will be reached in the not to distant future which is why I still hold this stock. I sold half my WDDD position not feeling the same optimism near term and added to my VRNG position.
There won't be much happening business wise till they get income from licensing deals coming in. Right now their IP is being infringed upon and they want paid for it's use, then they will have the capital to move the business forward imo. They have the best legal team to do this with and then top notch management to accomplish the game plan.
Earnings! We don't need no stinking earnings! He has no clue Tom. Vringo has none to report, it's all about IP litigation for now and the foreseeable future.
Not to mention good comments on what his group is all about. I was reading on VFF yesterday from some well respected posters over there calling EDVA out for missing a filing in the BCYP case as if his group was responsible for babysitting our investments after we buy into his picks. EDVA passes along his groups DD, what we do with it after that is on anyone using it not his group.
Im listening if you have a good reason or theory why it will go up that much on delay news.
"Invest ? I rent all of these P.O.S. stocks and I'm always as eager to sell as bad as the financiers are "
Well at least your being honest with that statement Joe. You should put that in your disclaimer in all your article's on SA and no one would have a problem with your flip flopping since they would already know where you stand.
Exactly. Edva's DD is solid. There are many unpredictable twists and turns that occur in these legal battles and there will always be delays. It does get tiresome but thats what you sign up for when you invest in these IP stocks. I sold half my position and will buy it back cheaper hopefully.
Looks like you got a reply:
I completely understand that Gil. I don’t want to defend not reporting what surely seems material news (and perhaps subconsciously and erroneously my group relied on the fact that they would) but I have maintained and still believe that they are in the process of frying other, more important, fish. I point to the missed filing deadlines and awkward response we got to a very benign query a couple weeks back. These are the things that sort of re-engaged us as the dockets themselves did not have much in the way of discovy items to talk about. We know about the additional patents being asserted and we agree with the author Natty Greene who added an excellent article on the subject. Whether it is Yelp or Living Social or even Groupon who strikes a settlement next, there is no way to know for sure but something seems to be going on that is distracting this company. We happen to believe that it is something important but it might not be. Time will tell. The PR firm, in fairness, may not be up and running yet so the most we can say there is perhaps one should have been up and running by this point anyway. I think the jury is still out on the execs but they do seem to have put together a decent team together and perhaps there is just not a lot for them to do. I don’t think you can make too much out of their core business because, like Vringo, they will be most profitable prosecuting their IP. Anyway, the net net is that BCYP is going to be a winner for the reasons that we, and others, have already discussed…patents and legal representation. I know that may be a jaded and cold way to look at this but we suggest that it is the right way. Thanks for your comments Gil, they are much appreciated!
Exactly JJ! HJJ is back in town and ready to end this one. Why would anyone sell now?
Trust me he plays on both sides of the fence and try's to use any influence he may have to enhance his position.
As JJ pointed out we still could get that RR pacer yet today.
This is now the perfect setup for the RR ruling! Thank you HJJ!!!
3m shares went through and had no effect on price?? WTF is going on with this stock?
New EDVA blog.
http://edvapatent.wordpress.com
Just hope he can keep it down here till after JJ's rules so I can top off the tanks in the 20's here and on BCYP in the mid teens. Tough for just one short but if anyone can do it FDG can!
Just doubled up! Looks like we've bottomed.
Your the only one who has ever referred to Worlds as a "One trick pony" Joe. Please review the MarkmanRunup slide show to help you better understand. LOL
"One trick pony" to most would be one and done like owning just the Lang patents for search. That would be a "one trick pony". So it's lack of communication skills.
So Joe........ What your saying is if WDDD is successful with it's litigation against ATVI, thats it!? One trick pony?? Either you need better communication skills or you ignore the facts regarding Worlds future post ATVI.
That might be the best presentation for a stock I have ever seen! This link needs posted at the top of the MB for future investors! Great job Markman!
New EDVA blog!
http://edvapatent.wordpress.com
Fridays fast and furious move with no news and no rumors floating around, sure had all the ear markings of someone or group buying due to being tipped off. My GUESS after the USPTO finding is those parties may have heard a meeting at some undisclosed location to begin talks is taking place. Of course it may lead to nothing and even if it does it would take weeks not days to negotiate. This could explain HJJ's delay in ruling.
I will admit I am a hopeium addict as I have been on it so long with this investment that I can't kick the habit despite many attempts to give it up and trips to rehab LOL.
All JMH and hopeful O
Hey Tom, no problem! It is easy on MB's or even e-mails to miss the true context of a message. Yes there are many idiots on most message boards, it's the ones that pretend to be long telling everyone to buy and how great the stock is one minute then do a 360 the next trying to drive the price down that get me. The shorts are obvious and we know who they are and I just ignore them as they usually have nothing of substance to say. There are a handful of people that share very good DD on this board from time to time and I try and thank them whenever they do as that is the only real reason to spend time here. EDVA is a class act and no one can deny the many hours of research he puts into a company and at no charge to us. How one uses that research is up to the individual.
GLTA
oh boy, some of you need to learn how to read before you invest! Ya cant fix stupid!! Joe's jokers i guess. LOL !!
Not at all. Im not a day trader such as yourself. The long term potential here is huge! What happens today or tomorrow may provide a opportunity to build a bigger position! Thats all.
I bought in right after the blog came out at.16! I smell settlement!
And what you post is COMPLETELY FALSE and misleading so get your facts straight Joe!
response from EDVA regarding MSJ and the clown on this board screaming R/S:
"Yes…they did so on the 9th and it was quite effective. What many are waiting to see is the final word on what Worlds has done with respect to their last financing (which they had reached some sort of preliminary understand on with the investor). There are many people still talking about a reverse split which is ludicrous at this point. In addition to Worlds CEO being very clear on that point given a possible future up-listing, the idea that we may soon see a r/s just doesn’t make sense. Any reverse split would only have meaning if there were some future for the company which won’t be determined (at earliest) until we have an official Markman order which we may not see until October. Worlds’ Thom Kidrin took that one step further and said that it wouldn’t happen unless the litigation had reached a successful conclusion. Anyone worried about a r/s at this point is just falling prey to people who want to buy their shares cheap. Anyway, thanks for your question."
REPLY
What does James Altucher have to do with this conversation and who cares if he is WDDD or not. Seriously Joe you keep bringing him up as if he is the end all beat all in stock picking which he isn't and act like if James isn't in it then it's not worth investing in! Don't go over to the Vringo board with touts of JA! You will be laughed off the board as you are here.
JA is a good guy with good intentions but i will leave it at that.
My take as well arper
Bring back Wowza!!
It was also the best thing for me as I doubled my position at .248! Never thought that would happen before the delay and MSJ. There will be bends and turns on this road trip, take advantage of them and you will prosper!
Just the fact that we are going to hear from S & G for the first time is a event in and of itself. We will hear how strongly they feel regarding WDDD's case when denouncing the MSJ. Should be a stock mover that I can't wait to read.
Happy 4th from Steeler Nation! http://blog.steelers.com/2013/07/04/ben-celebrates-fourth-of-july-in-ireland/
Try this:http://www.scribd.com/doc/151585571/90009991420-Vr-Ng-Response
I cant copy the scribed document sorry. It's a long doc also 178 pages to be exact.
I don't think anyone posted this yet, but here is Vringo's response to the patent trial and appeal board:
http://www.scribd.com/doc/151585571/90009991420-Vr-Ng-Response