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AONE in at .063 350 K ... sold 150 at .171 ... riding the rest on the house
GYST penny break coming
READ THIS !!!!!
Alot people got this stock twisted IMO .... Look at the volume last couple days ... After announcing bankruptcy Tuesday stock opens at around 8 small run up people thought dead cat bounce stock rest of the day keeps going lower people that bought in thinking dead cat bounce took losses and moved on called this a turd and didn't want to look a it again ... Stock traded close to 150 million shares day one ... Day two stock opens lower believers start saving what they can ... Then stock trades millions of shares between 5 and .065 cents does a mid day run people think bounce is coming perfect cup and handle setup intraday ... Stock closes red ... People are disappointed ... Promos start coming in left right and centre ... Stock gaps up after hours day three people start seeing signs of hope after gap up ... People that took a chance and held from day two now sold fear of gap closing ... Once again big whales are loading while those with fear don't know about the unknown sell locking in those small gains while the Chinese are loading .... Later in the afternoon we get updates from court house ... Attorneys piled up .... Wanxiang tells judge there still interested and will have with there own offer ...stock traded from .064 gap to .091 very tight range for the amount of shares we traded ... Stock closes at .075 then again after and pre market gap ... Day four Stock opens @ .10 people that bought in day before now locking in that 30 percent profit again fear of gap closing and losing profits .... If you noticed Friday we traded the highest dollar volume in all of last week .... We ran into the close with monster volume ... A lot of people once again sold EOD to lock in profits not knowing if Q is coming or first time playing a play bankruptcy and all the doom and gloom that people make it look like .... If you think about it logically every single day we traded millions of shares and the price stayed in a very tight range but after hours it took not even 2% percent of the days volume to move it from .075 to .10 . Then Friday after hours from .123 to .148 ... These guys have loaded up all the signs are there to me personally ... They don't want people to hold cheap shares that's why they gap it people fear of gap closing and sell ..... Schedule 13D filed after hours Chinese own 80 plus million shares there coming with an offer next week you really think this is done the fun here is just beginning ..... Politics will play a huge role in this in order for the Chinese to get a hold of this technology there's some process where the president has to sign off for this deal to go through ... Obama has a lot on the stake with this if he really wants to win ....this was a well thought executed plan ... If you look at the level 2 nothing any of us say or do will change with what's about to come ... This will most likely gap to.17 . 18 cents pre market and I would not even be suprised if we see news premarket about buy out or something and this gaps up over .50 ( wishful thinking) ... A lot will sell lock in profits that held from Friday happy ... Watch for the shake outs ... First catalyst is oct 30 th forgot what it is exactly the judge will approve ... ..IMO it's a hold till at least then ... Buy the dips sell the rips and try to accumulate on the house .... Plays like this don't come often but IMO this one can be a life changer for some.... This is just a ill summary of what I think ... I didn't get time to put links and a lot more I would have loved to but I think everyone should honestly do there DD ... There's a lot of factors then again there is always the unknown .... Good Luck To Everyone here hope you can all bank big ...you really need some balls of steel for this one ... I hope some can compile more DD make a sticky for those that are new here and get it updated on a dail basis with court filings and whatever else is there....
P.S ... Those that are scared about the Q look at TR*DQ PC*CQ EK*KQ ..... They all ran after the Q .... If anyone remembers VS*NQ ran from under .10 to 2 $ in weeks .... Best thing is to keep up to date with the court filings and filter out the bull and you might have an early x mas present here ;)
Alot people got this stock twisted IMO .... Look at the volume last couple days ... After announcing bankruptcy Tuesday stock opens at around 8 small run up people thought dead cat bounce stock rest of the day keeps going lower people that bought in thinking dead cat bounce took losses and moved on called this a turd and didn't want to look a it again ... Stock traded close to 150 million shares day one ... Day two stock opens lower believers start saving what they can ... Then stock trades millions of shares between 5 and .065 cents does a mid day run people think bounce is coming perfect cup and handle setup intraday ... Stock closes red ... People are disappointed ... Promos start coming in left right and centre ... Stock gaps up after hours day three people start seeing signs of hope after gap up ... People that took a chance and held from day two now sold fear of gap closing ... Once again big whales are loading while those with fear don't know about the unknown sell locking in those small gains while the Chinese are loading .... Later in the afternoon we get updates from court house ... Attorneys piled up .... Wanxiang tells judge there still interested and will have with there own offer ...stock traded from .064 gap to .091 very tight range for the amount of shares we traded ... Stock closes at .075 then again after and pre market gap ... Day four Stock opens @ .10 people that bought in day before now locking in that 30 percent profit again fear of gap closing and losing profits .... If you noticed Friday we traded the highest dollar volume in all of last week .... We ran into the close with monster volume ... A lot of people once again sold EOD to lock in profits not knowing if Q is coming or first time playing a play bankruptcy and all the doom and gloom that people make it look like .... If you think about it logically every single day we traded millions of shares and the price stayed in a very tight range but after hours it took not even 2% percent of the days volume to move it from .075 to .10 . Then Friday after hours from .123 to .148 ... These guys have loaded up all the signs are there to me personally ... They don't want people to hold cheap shares that's why they gap it people fear of gap closing and sell ..... Schedule 13D filed after hours Chinese own 80 plus million shares there coming with an offer next week you really think this is done the fun here is just beginning ..... Politics will play a huge role in this in order for the Chinese to get a hold of this technology there's some process where the president has to sign off for this deal to go through ... Obama has a lot on the stake with this if he really wants to win ....this was a well thought executed plan ... If you look at the level 2 nothing any of us say or do will change with what's about to come ... This will most likely gap to.17 . 18 cents pre market and I would not even be suprised if we see news premarket about buy out or something and this gaps up over .50 ( wishful thinking) ... A lot will sell lock in profits that held from Friday happy ... Watch for the shake outs ... First catalyst is oct 30 th forgot what it is exactly the judge will approve ... ..IMO it's a hold till at least then ... Buy the dips sell the rips and try to accumulate on the house .... Plays like this don't come often but IMO this one can be a life changer for some.... This is just a ill summary of what I think ... I didn't get time to put links and a lot more I would have loved to but I think everyone should honestly do there DD ... There's a lot of factors then again there is always the unknown .... Good Luck To Everyone here hope you can all bank big ...you really need some balls of steel for this one ... I hope some can compile more DD make a sticky for those that are new here and get it updated on a dail basis with court filings and whatever else is there....
P.S ... Those that are scared about the Q look at TRIDQ PCXCQ EKDKQ ..... They all ran after the Q .... If anyone remembers VSTNQ ran from under .10 to 2 $ in weeks .... Best thing is to keep up to date with the court filings and filter out the bull and you might have an early x mas present here ;)
There holding over 80 + plus million shares I m sure this will go way up before it ever sees a nickel again
Chinese own 80+++ million shares .... Next week with bidding war ... This going to run gangam style .... Lol
U read the 13D filed? ....
100K on the bid after hours
AONE .139 AH chinese bought 80+++ MILLION shares .... this is going to run gangam style
where do you see that?
Chinese bought 80+++ MILLION shares .... this is going to run gangam style
AONE insiders bought 80+++ MILLION shares .... this is going to run gangam style
Does that schedule 13 D filed say the Chinese now own over 80 million shares
SATC .30 break coming ... monday gapper
dreams do come true you know ... lol ... good luck to everyone holding here
anyone remember wamuq when they announced i forgot what it was opened at .78 next day from the previous close of .20 or something like that ... imagine you sell today ... chinese give a buyout offer for 50 plus cents ... being conservative and this opens above it .... that would really suck if you sold ... these are basement prices ... scared money dont make no money
READ THIS :
Start to End - Trial Progress October 18 - From Percy
By percyway . 58 minutes ago . Permalink
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Summary of events for October 18th Vringo/ i/P Engine vs Google
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This was an event filled day for Vringo. However, before I proceed I need to caution you all to take your own independent decisions and not based on my reports.
Let me thank all the contributors (James Altucher, Steve Kim, John Ford and all other in Message Boards –too many to name all) who have brought us all to speed so far. I am sure we will need their support and guidance to lead us through the dark tunnel. Again, this is a time for us to not bash each other for the decisions or stand people take. Let’s rather assimilate together and who knows what kind of creative juice we might create.
Without further delay here’s the scoop:
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10:45 AM -Video Deposition #1: Google Sr. Product Manager - Jon Diorio (totally confused deposition)
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Jon is Sr. Product Marketing manager at Google for Adwords( I believe). He was questioned about the documentation which shows Adwords using the process mentioned in Lang’s patents (customer facing documents). As we know that product management/marketing are more of customer facing side of business, they have to ensure that details are not mis-leading to customers.
The video deposition aimed to understand whether he agreed with the current material and does he see any inaccuracies. Basically, he agrees that the document is not inaccurate but at the same time he also refuses to claim that it is accurate. In a way, he was contradicting throughout and the way he was communicating in the video, it may convey that he is possibly evading giving right answers(potentially trained/ coached by legal team to deny anything specific) or he knows something is / was fishy and he may not want to admit it. Again, who in right mind would damn their own employer?
/
Also, he was asked about review process of documentation and he mentioned that several teams from Google would be involved such as sales, marketing and his team. So, he seemed to imply that there are multiple levels of reviews done.
What matters most? Perception of this deposition….Here are my personal ratings….
Coherence- 4/1o
Consistency – 4/10
Contradictions – 8/10 (i.e high contradictions to similar questions asked after few intervals in different language)
Admission of infringement – No – obviously…
Knowledge of Lang’s patents – No
Overall, he seemed pretty nervous and was not conveying right body language. I don’t know if court can actually have someone take lie detector tests.
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11:15 AM-Video Deposition #2: Gary Holt – Google Software Engineer working on Adwords (evasive and possibly demonstrating his lack of knowledge)
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This I believe was the longest deposition. As a software engineer, one is more concerned with system level documentation. He was specifically asked about “Quality Score” and he answered that there are multiple versions of the same. However, we have to wait for tomorrow when propriety code is checked by Dr. Frieder.
There was a lot of discussion of when “SmartAds” was adopted and the associated revenue increase. He admitted hearing at least 20% bump in revenues due to “SmartAds” being employed although he himself did not verify through any experiments.
I believe Gary Holt will also be counter-questioned in court sometime next week in person. In video deposition, you may get away with evasive answers or denial but I don’t know if taking oath and facing court pumps you to be more forthcoming. We will have to wait and see.
Overall personal ratings:
Coherence- 6/1o
Consistency –6/10
Contradictions – 6/10 (i.e high contradictions to similar questions asked after few intervals in different language)
Admission of infringement – No – obviously…
Knowledge of Lang’s patents – No
Note: Ratings reflect good job done by Vringo team in asking right questions. Sometimes, asking questions repeatedly can actually change answers….saw that live today.
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Video Deposition #3: Bartholomew Furrow - Google Software Engineer working on Adwords ( evasive and no clue again)
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The discussion was essentially around architecture of smartass. I.e servers, filtering, ranking, pctr , qbb,
I happened to miss this a bit. But this was pretty much on lines of Gary’s deposition. Overall , I felt Barth was more forthcoming in terms of laying out the complete infrastructure of adwords.
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2:30 PM - Dr. Frieder Testimony: An introduction to one of the respected academician, practitioner and researcher in the area of “Search, Relevancy, Parallel processing of search etc”
Background: University of Michigan, Phd….(started to get involved in search in 1985)
Fellow (top 1%) of ACM – Associate of Computer Machinary
Fellow (top 1%) of IEEE – You find out
Endowed Professor (amongst the only 4 in Georgetown) – Highest designation as a Professor****
Department Chair – Computer Science Dept – for undergrads, Master, PHD
Industry Contributions on Search – Developed Search model which is used by Harris Corporation for Defence projects
He has been awarded lot of awards from various organizations that you would be able to find out from his profile.
Current research interests include bio-search or bio-informatics …in short, searching for specific information on drugs feedback via social network, comments, and research documentation and pulling them together. Overall, a hard core computer science genius as far as background and knowledge is concerned.
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Dr. Frieder’s Testimony:
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Basically, he laid out the process of providing relevant ad associated with search query i.e your information need.
Step 1: Query
Step 2: Content based matching – i.e Finding the text in the Ads in the server (some rating say 6/10)
Step 2A: Collaborative: How many the ads in the past have been clicked (i.e repeated feedback from users (let’s say the score is 8/10)
Step 3: Quality Score: This is the most crucial step. The ad should be relevant content-wise(i.e step 2) and must have also been clicked before as being relevant – context wise i.e users have demonstrated by clicking it.
Then Quality Score is simplest terms can be
Content Based Score + Collaborative Score / Average = Quality Score
Dr. Frieder explicity mentions that Collaborative techniques have been mentioned in Lang’s patents. Again, I am not a patent expert here. I am just reporting as I see it.
As per Google documentation, they have been using Step 2A onwards which is an infringement of Lang’s patents.
He demonstrated the entire process in an animated and color coded version of patents and showed exactly how Goog infringed.
Remember –
Yellow – Search Query / Results
Blue Color- Content Relevancy
Green – Collaborative
Combination of Green and Blue gives – Let’s just say purple for now i.e Quality Score , which is then filtered and displayed back to yellow (search results).
Dr. Frieder’s Testimony on Claims:
Dr. Frieder went through his process of claims.
Basically he ticked everything from search- preamble, targeting, collaboration-content, quality score, filtering... Basically saying that it was infringed end to end- excluding google search which is preamble....
Given all the details we worked out in the afternoon, we certainly couldn’t get through this one.
More details will be followed-up on Dr. Frieder’s claims. This is the most interesting part.
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Trial Roadmap – Percy View
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I see that Vringo is in full strength and it shows that they are damn serious about this. I do see CEO, Ken Lang, Kosak, and Don sitting through-out the day. However, as far as Google is concerned, I’m afraid that they are taking this a bit lightly. None of the senior executives (at least – VP level’s ) are present…based on my recollection of their hierarchy.
My prediction is that Google may possibly be on the path of danger.
Probability of Winning:
Vringo – 65%
Google – 35%
This is based on today’s events. Imagine the effect of stock price if Google loses trail…!!!!!!
Unless, this comes in mainstream media, I see little hope in buzz being created. Again, that’s what we hope we all can do in my own small way !!!!
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QnA:
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Question from Steve Kim:
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Percy, what are you observing in jury body language. What reactions do you see from them when GOOG attorneys speak, vice VRNG attorneys? Please describe. Is the jury listening during the video testimony or are they bored to tears? This is good stuff.
Percy view:
Jury is basically not as engaged (with the exception on cute one). They look pretty stoic and are taking notes say once in 5 minutes or so…depending on who is saying. I saw them listening very carefully to Dr. Frieder’s testimony. Again, it’s very likely that they just can’t grasp this. I can’t blame them as I was getting a bit sweaty myself. However, this is where opportunity could possibly lie. I am not speculating but my sixth sense says that Jury would want to “latch” on to someone reliable so as to make a judgement. When they have discussions internally, I am sure Dr. Frieder’s testimony will be in back of their mind.
Basically, Google’s attorney is acting like he is still in a frat house. He seems to have come from one for sure. No offense at frat boys. My best buddy is a frat guy. The way he is acting is not what you would expect out of Google’s representation. I am not saying that he is bad but Vringo has a SOLID team. And they probably know how to play jury’s mind. The exhibits coming from Vringo are just super classy. I can literally fall in love with the exhibits from vringo. Let’s just call it a night at that.
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P.S. Apologies if I have not been to address some of the other questions. It may be possible that due to volume I have not been able to read it. I will try my best to get thru and combine questions from various individuals.
Gap over .10 tomorrow ... chase it 20 % higher then you would pay today
you average down y-day at those .053 levels ... looking sweet today
anyone remember VSTNQ**** same scenario ....
link?
AONE dont miss this run ... pull up one year chart of TRIDQ .... expect a similar move in coming weeks ...... theres a reason they dont want the chinese to have this technology ... look for a bidding war for the remaining assets as this case progresses
i am with you .....
AONE 800 K BID
AONE 7 cents test by EOD IMO
AONE 7 cents next
AONE 10 cents tomorrow .... shorties need to cover
AONE if we get a hammer candle today watch out ... look at TRIDQ chart when
Dont miss JAG .... keep an eye on it
JAG gold company .... 2 +++ coming from these levels .. dont miss this one
HEB new 52 week highs by friday dont miss the run
HEB HOD BREAK ..... NEW 52 week highs in coming days .... keep on watchhhh
keep an eye on HEB ... ready for dollarland IMO and possibly new 52 week high ... could see SVNT like movement her e
HEB hod break coming
HEB new 52 week highs coming by friday
HEB ready for dollarland
MWIP best part is slow and steady climb ...if anyone has noticed everytime we get a DIP it gets bought right back to HOD ... ovious accumulation .... for those that have been in here for a while ... good luck and hope we can see that penny soon
JAG breaking 50 day MA .... nice swing trade IMO
JAG breaking 50 day MA ..... could see 1.30's hit
USU keep it on watch here