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This moves quite a bit every time VRNG moves positively. VRNG did not move positively today. How difficult is it to understand this! This will move again when VRNG moves...get it?
Oh so now your on to what you think is a better argument. What happens when VRNG goes to $5.50 or $6. Then when COIN skyrockets are they still going to be in the "death spiral" from your "received rumor." By the way who receives a rumor? You can hear a rumor sure but was your rumor packaged up and delivered to your house? Did you have to sign for it? You and the other moron on here who "confirmed" your rumor because his cousin or nephew told him so need to get a life. You are obviously not very bright!
Dude...if you do your due diligence you will see that they are already very much in bed together. There are $millions$ of reasons why it makes good business sense for IP to merge with VRNG. Read Altucher's latest article on seeking alpha and you will get the idea.
Come on dude! Received rumor huh...of course from an undisclosed, can't disclose, doesn't exist source, right? You would be more credible if your recent posts weren't so negative. Beyond that, no one could take you seriously because the company is in much better shape than it was six months or a year ago. Add to that that they own shares of IP and are backed by the same investors and your post adds up to horse manure.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76771895
Analyst coverage....
Anyone think that is possible at this point?
This will hit .10 if.....
you hold onto your shares. The last run hit .03 and everyone started selling. I know its tempting but if you have done your DD and understand the link between COIN and IP who is merging with VRNG then you know this can really take off and you can be sitting on a ten bagger. Unlike typical penny stock crap these guys actually own something valuable and produce real revenues. JMO
That's big...I'm on their subscriber list which I think is pretty extensive
I'm with JA...this never makes it to trial. I disagree with him however that this will be settled on the courthouse steps. Given the privacy concerns Google is fighting off from the government (which will get even bigger) and a host of other crap I just think they will want a quick settlement. Google's brand has taken a beating lately. All they need now is to look like they ripped off a guy who was really an early internet pioneer. They will get ripped on that. I truly think the jury would throw the book at Google. The Google attorneys will ask what it will take for this to go away and the negotiation will start. I don't think IP/VRNG really wants to go to trial either but they are prepared to. Don't be surprised if they take $500M plus royalties and move on. This is all a risk/reward game at this point. Unlike in times past Google's current (global) struggles give them a strong disincentive to go to trial. They could also truly lose a whole lot of money here and their in-house attorneys know that. Unlike the litigation team those guys have to look out for the mother ship. They aren't going to risk the publicity or financial loss just because some legal Cowboys (who already lost round one) tell them they think they can win at trial. JMO
Yup...and it isn't far fetched either!
Who removed Maestro's reply to this? Inaccuracies need to be challenged and when they are they shouldn't be removed!
This is old news...we already knew the constructs of the merger!
I think it is just weak hands. This will move up either late morning or after 2PM IMO.
That is perfectly logical as I have said multiple times now...hope it works out exactly that way!
Schedule says he's on at 11AM ET...link provided
http://stocks-news-analysis.blogspot.com/2012/06/cnbc-guest-alert-monday-618.html
Look, just trying to make the point that I doubt CNBC is having Cuban on to primarily discuss VRNG. When people get that idea, usually spread by folks with zero knowledge or experience just trying to pump the stock, anything short of that is deemed a failure or letdown. Don't get me wrong, I'd love for them to talk about VRNG for an hour I just don't want a quick mention of VRNG and a follow up question to be seen as anything but a huge success. What happens if VRNG doesn't get mentioned at all? A sell off? Does that make sense? NO. VRNG being mentioned should be seen as a big positive. VRNG not being mentioned should be seen as nothing at all. Cuban is not going to just blurt out stuff he's invested in unprompted. It doesn't work like that. JMO
Of course not but I spent an entire career in Television and that probably gives me a bit more knowledge of how interviews go than the average Joe on this board. It is absurd to think that CNBC is having Cuban on to specifically discuss VRNG.
CNBC is not having Cuban on to talk specifically about VRNG, come on! What is very possible is that CNBC might ask him about some recent investments he's made and VRNG could well come up. If CNBC is doing any enterprise journalism they could ask Cuban his opinion about all the patent litigation that has made headlines recently, what he thinks of it and how it may be driving some of his investing decisions. Those things are possible but I'd bet my last dollar they aren't having him on to specifically talk about VRNG. Just hope for a mention...that would be HUGE!
What amazes me is how long APS will pimp a stock. I can see giving it a week or ten days but if it isn't really performing I think you gotta cut the crap, no?
just wait..patience will be rewarded here.
This is not the VRNG move we are waiting for. We need to see $5 first to even get a glimpse of what COIN will be up to.
This should be a lot higher right now IMO. The good news is that it will jump quickly once it goes.
This is set up quite well for a pop when VRNG moves. I'm not just talking over $4 but hopefully over $6 soon. If that happens I expect COIN to surpass the .03 that it did a little while ago. If there is a big move it could go to .07 maybe even .10. I'm sure people think I'm crazy saying that but I have seen that happen on momentum many times. No one really knows where this can go. Irrational exuberance can move a stock well beyond its logical value, especially a penny stock. We'll know within a month I'm pretty sure.
I actually think this will rise into the Markman (it's not Marksman by the way) Ruling. No this is not necessarily new information but there are many people out there that may not be aware of it yet and that creates an effect when any new article appears. There will be more substantial articles from more substantial sources to follow which outline the case and are likely to offer more of an editorial on what is likely to happen. Those types of articles will be "very" impactful. This will play out more like a blockbuster Pharma stock rising into a FDA decision so I think you are mistaken. JMO
You are about to find out...
News link...getting warmed up! My guess is that we have substantial news within a week or two but could be anytime. There is too much swirling around this right now. I can make the case for settlement talks happening right now. If Google's in house counsel didn't like the way the Hearing went they would be better off settling now rather than after a ruling confirms their fears. It will cost them more money then. Also, the idea of other companies in the space wanting to buy VRNG is not at all far fetched. There are strategic reasons to do so. Lastly, as Rain mentioned yesterday news articles on this by major publications should begin to emerge soon. Would not want to be short here.
http://finance.yahoo.com/news/equity-briefing-eminent-markman-ruling-122302652.html
Yup, they are stupid! We have known all this stuff for months...
From the S-4/A
"From April 9, 2012 until May 18, 2012 the Vringo common stock had a closing price of $3.00 or above for each trading day. On May 25, 2012, the closing price of Vringo common stock was $3.39. If the Vringo common stock continues to trade at or above $3.00 at the time of the Merger, Vringo does not anticipate that it will need to undertake a reverse stock split, even if Vringo obtains stockholder approval to do so."
Dude...the hearing has already happened! No offense but do a little DD and you will feel better about making (or not making) an investment here. This stock can go up or down any day based upon news, mostly to do with VRNG. The Markman Ruling for IP/VRNG is expected in July. I'm not sure when in July and I have no idea how speedy a ruling can be (anyone who can weigh in on that please do) turned around. I'm assuming a month but I'm not an expert on that. There are several factors that could cause this to move either way. If you want to believe the folks on here saying a r/s is happening tomorrow don't buy. I do not believe that so I'm buying. Common sense dictates that a r/s right now given material news expected within at most lets say six weeks makes little sense and there is very little to be gained. I believe that management's interest is aligned with shareholders right now. I'm not saying that I think management cares about shareholders I'm saying that right now their interests happen to be aligned with shareholders. DO NOT BUY BASED UPON WHAT I"M SAYING though. I could be wrong and you and I could lose our entire investment here. I don't think that is going to happen which is why I am a buyer here but this is nonetheless a calculated gamble.
That was my point exactly...
They don't need to do anything until the Markman Ruling in July. If they are at all intelligent, they won't. JMO
no it won't...there is no incentive to do the r/s now. They will wait for the Markman Ruling in the IP/VRNG case at the very least. I love how people like you post stuff and add no facts to support their claim.
Dude relax...I was responding to a message from another frequent poster here. There is an obvious link here and many people own both stocks.
Hey Rain,
No one is suggesting that COIN is some flourishing company, quite the opposite. I have purchased shares in both VRNG and COIN. I consider COIN to be a lottery ticket with much better odds of winning than the typical lottery drawing. They just voted at the shareholders meeting to accept all three main proposals related to shares.
1. That one or more reverse splits could happen anytime before June 9, 2013.
2. That any reverse splits may be rescinded.
3. Increase in A/S to 1 Billion.
My guess is that they do nothing until the Markman Ruling is out. It makes no sense for them to r/s here. Also the increase in A/S probably means that if they did a r/s it would be a bit further down the road, my guess would be a few months or 4th quarter. If the Markman goes well they may see some real price appreciation making r/s unnecessary at least for quite some time. My guess is that they would take it a quarter or two at a time and let investors know, i.e. no reverse splits considered until 1st qtr 2013 and so on. If COIN catches enough interest and volume on a boost from VRNG momentum players could move it in an unreasonable way. .10-.15 would not be far fetched. I hear you on all your points but don't discount something that is entirely possible. If you believe as much as you do in VRNG then the only real argument is that you believe management of COIN is so stupid you think they will r/s before the Markman Ruling. I don't believe that as I think in this case their interest is aligned with shareholders. The split would make much more sense from a higher price and that price should not take long to materialize if its going to.
Good comment....I think the point of today is that many people are wanting to get in now and leave it alone whiule the hearing proceeds. Once this hits $6 people who wanted to get in will be pissed at themselves. I think people know that so they are trying to get in now at the best price they can. My guess is that we close today a little over the first resistance at $4.63. If we were to move strongly past that early enough today the next resistance is mid 5's!
Remember that many institutional investors have $5 minimum PPS for investment. When VRNG hits $5 this could get very interesting!
gotta believe north of .01!
There will be a few stalemates today...longs have to hold and this will go where it is supposed to go. Stock needs a new valuation and that should begin today. Its funny though, if you watch COIN and VRNG they will move at different times but COIN in response to VRNG to be sure. VRNG moving now on good volume.
I know there are a lot of people who just want to trade this but I don't think they understand the potential of holding this for a little while. Despite the move this morning this stock isn't close to where it should be right now. .10-.15 near term is not unrealistic and it could be a bunch more depending upon IP/VRNG lawsuit against Google. For those reading this that don't get the connection, COIN owns nearly 500K shares of VRNG with another 160K or so in Warrants to purchase shares. That investment could be a very nice lottery ticket as many believe that Google is infringing on Patents owned by IP/VRNG and that are at the heart of $70 billion in annual revenues to Google. My advice is buy and hang in for a little while...you don't have a lot to lose. JMO
cosmic...do you see any way that this moves up prior to whenever you think the r/s might happen? I'm just trying to gauge whether you think this is hopeless or whether at this price people could well see some upward trajectory. I am a believer in the upward movement from here despite talk of r/s which is not confirmed. I'm just trying to get your honest thoughts. Hopeless case or not?
Any idea how long the hearing will take?
Ok, first of all if you want to bad mouth a stock you own have at it. It isn't intelligent IMO but that's up to you. I'm assuming that your position is a lot higher than the current share price. Given the latest financial information my calculations based on the share count show that the PPS should be at or near. 017 and that is without consideration of IP/VRNG. Yes, ownership of those shares may well be a game changer. Also, with warrants its over 600K shares. This could just as easily go to .05 as .0025 IMO. I simply don't think the way you have characterized this is balanced. For an investor coming in at these levels it could be a pretty good bet. I'm guessing that it will be-we'll see.