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Who knows how much more this tanks. I think it will bounce at some point. Question is when and how much.
Truly unbelievable.
What the hell are you talking about? Lol.
Why would someone buy Vringo? There's no way.
VRNG pursued ZTE in numerous forums across the world. Was successful at various stages on multiple fronts and ended up with a measly 20 million. That money is already spent. I don't see what other juice this stock has.
Just like Google & ZTE was buying up all the VRNG (allegedly)? No it's not possible.
What the hell is going on?
Because it's going to go even lower?
What concerns me more is that there is no market for our shares right now. At least not in .05 world. I have a pretty low limit order to sell in right now and none of it is getting filled.
Yep
What does that mean?
I'm considering just taking the losses on this one and moving on. I'm not seeing the upside at this point. I really don't want to be in this sub .05
What's the best thing that can happen in connection with that?
King! Love your opinion. You really think this will hit $650 in the short term? Picked up a couple shares at $561 this morning just for fun. Thinking of closing it out right now at $619 for the quick buck.
What's the resistance?
More than $101 after hours
I hate seeing sub .06
Zero volume today. Should I be concerned?
Okay, good. I know we lightly go at it here & there but I do respect your opinions
I don't think anyone is mean to you. I was pointing out that you bashed me a week ago for allegedly being negative. I called the trial timeframe. Now that i was right and the SP is down, your tone is different.
I agree. And let's not call him a whale. We don't know what he had.
I was being bashed as negative by Mr.
rain a week ago for giving an honest assessment from both sides. Things change quickly when the SP goes down lol.
So are you leaving the castle / dumping the shares? Or are you already gone?
This stock really is infuriating. Definitely not great news on now late the trial is but its not a surprise. I really thought that was priced in. I'm a little shocked we are sub .06. Especially when we were close to .13 a little over a week ago!
I guess only time will tell. It's a little frustrating we have fallen so much the past few days over the proposed schedule. I really didn't think this schedule was a surprise or outside the norm. There are things that need to be done before trial. Period. And the timeframe given for these things in my opinion (because of the pending MSJ & holidays) is pretty tight. I thought this type of time frame was built into the low SP. but I guess not. I won't be selling anything yet. I want to see how the price stabilizes.
I mean do you and others really think that sub .07 is our new price for the foreseeable future? Rain? Others?
I really don't want to sell that low.
Ya we shall see. I don't necessarily agree with you yet. But that could change tomorrow lol.
Do you think this thing will go back to the .10 - .12 range?
Lol. One point to you sir.
Gotta love the patent plays.
Only going down?
Rain, do you think this thing is
The nice thing is, that trial date is no surprise. You and I discussed this time frame just a week or so ago. I think the surprise would have been a stay, which fortunately did not happen.
MSJ 101 briefs have to look good. The opposition will look really good too. Then the reply will look really scary. That's just how it works lol. I wouldn't focus so much on the choice of words in the MSJ brief. If you really want to know how strong the brief is, review the case law.
I'm not an expert or anything on patent cases so it's hard for me to answer your first question. But I would imagine that something like that is a standard move in any patent case, so it should be done. If there is no review requested, it would look like Activision is conceding that the patent is valid. They will not make such a concession. Plus it's another billing opportunity for their defense attorneys. The guess the real question is, how much will the judge care? If I was the judge, I would be asking why such a review was being requested in 2016. Many months after the parties submitted a joint schedule for trial. I would hope that such a request would be built into the schedule, which imo, is not. I think that is a good thing.
As for a trial date, we have a proposed trial date. And I think the court should rubber stamp this proposed schedule. The parties have agreed to a trial date 30-60 days after rulings on dispositive motions, which should be fully briefed and heard in July 2016. So the real question is, when will the judge rule? I would guess/hope by the end of the year or early 2017.
All in all, I think this timeline is a good sign. In my eyes, this is a pretty aggressive schedule. There will be a lot of fact discovery going on between now and Feb 2016. Once that is done, the parties will immediately move into the expert phase. There will be no down time, which I like. It shows both parties want to actively litigate without delay. Hopefully nothing crazy comes out of the patent board that throws a wrench into this.
This timeline really isn't that crazy. Pending MSJ. Hearing in November. Like I said in an earlier post, ruling will probably be early 2016. The close of fact discovery will likely coincide with the ruling. I do agree that it's possible the case can resolve before trial. However, I would guess the parties would want to see each other's expert reports first, and go through with expert depositions. That would allow both parties the ability to really analyze the case. But who knows.
I do see a silver lining here. No stay request!
4Q 2016 or 1Q 2017 is my thought as well. I have a lot to say but I don't want to flood the board with all my "negative" thoughts. And again, my thoughts are based solely on my experience in federal courts across the country. I've never appeared in front of Judge Casper so maybe she's different then the judges I have dealt with.
I agree with you.
Like it, or not!