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Volume-Price
7/15-7/17 2.1M shares traded, 9.8% price increase. The street always knows. LOL
Boston...
I agree. There are periods where I have TA locked in then all of a sudden it drops for absolutely no reason. I know this may sound blasphemous but I would rather just get it out of the way now so as news is put out and pre-markman gets closer it will trade like a normal stock. I actually think it is working itself out fairly well at this point but then there is Monday again! LOL
Just FYI..
DSS came off the threshold SHO list on 7/17. Another positive sign that all naked shorts have taken care of their problems.
http://www.nyse.com/regulation/nysealternextus/Threshold_Amex_Securities.shtml?date=20130717
Highlander can move markets!!!!
The trade just before Postyle posted was 1.66 within 5 minutes we began the climb!!!! Hummmm We might have beat the MMs on this one
Postyle,
docs sent.
Fuyi,
Thanks.
Fuyi..you back to see if that IHS holds?
Numbers PT2...Update
We need to look at last three trading periods to get an "estimate" of where we have been: The down trend began in earnest on 6/20/2013. The voting results would have been known and let the conspiracy theorists reign. LOL I will always assume that when there is a big down trend or up trend an institution is buying or selling. This also means that for every seller there has to be a buyer thus the numbers will even out (or close)
I used the 10 trading days prior to beginning of down trend as a base. From 6/6-6/19 we traded 1,374,300.
6/20-7/3 Volume 7,413,900-1,374,300(Normal)=6,039,300 (Sells 3,020,000)
7/5-7/18 Volume 7,964,800-1,374,300(Normal)=6,591,000 (Sells 3,295,500)
Total Potential sells to date: 6,315,500
"Projected potential" sells: 8,460,700
Total Left: 2.1M
If Frost Holds then we are at basically 400K if not it will be that + whatever he sells.
This is a simplistic approach but I believe that it will put us in the ball park based on research I have done on those companies.
Remember there were 16.1M shares that hit post merge that could be traded. I feel that if there was some mass sale by all parties this stock would have been driven down to .50. This is merely one scenario and unfortunately we probably won't know until at least 3Q filings. By then it wont matter because Markman hearing will have occurred the month prior.
Now as the surfer (predicted yesterday) that the IHS would be the key point to hold. (1.69). They basically took it straight there today. For lurkers you can research the Inverted Head and shoulders pattern.
Once again, this is my very humble attempt to try and deduce where we are. Please feel free to pick apart and share thoughts.
Numbers.....PT1
Let me preface by saying that this post is 100% speculation on my part. I can only utilize current numbers and assumptions that I know to be true and accurate. I more than welcome any input to assist the board but here is my crack at actual numbers. In "My" opinion I think we are close to selling the remainder of the shares.
I am rounding off so don't pick apart to exacting. Here are post merger numbers for financial investors of Lexington:
Hudson Bay (.02 Warrants) 3400000
Hudson Bay Common 2300000
Iroquois 1760700
Frost Gamma 1737300
4 Kids (Alan Honig) 2478400
IP Nav 4495400
Total 16171800
Let me address each owner specifically:
1. Hudson Bay: I researched HB holdings and they currently do not have any registered holding above 5% in a "publicly traded stock. There are very important issues they would have to address and lets just assume they don't want to waste the powder on a small company like DSS. In addition to the 3.4M warrants they would have to sell an additional 2.3M shares to get just under that 5% ownership rule. Thus I am saying they would have sold 5.7M of basically free shares.
2. Iroquois is a habitual "pre-merger" player in the IP sector. Based on past investments they are running for the door with those free shares also. I am saying that they are selling their 1,760,700.
3. Gamma Frost: This would be my wild card. His history says that he would sell at least a portion of his holdings. Since I like round numbers, lets just say he sold 1M shares and letting the rest ride.
4. Since I believe Alan Honig is related to Barry and Barry registered all his shares that Alan's 4 kid foundation is going to let it ride for awhile. He is not required to report since they are private)
5. I am assuming IPNAV is an important player in DSS going forward and that he didn't sell his holding yet. He will eventually that is for sure.
By my calculation that would be 8,460,700 to be sold on the open market.
Part II next post
Ero-Noler,
I will have to leave that up to surfer since it originated from him. LOL
Yep-I watch that darn thing ALL the time now!
Just read article about Legal appeals process on SA. Actually very informative regarding appeals. After reading that, I am glad I chose DSS to make the plunge. Revenues+real operations=sound investment long term.
Surfer...Finally arrived. Glad to see you here my friend.
I have an opinion....
I realize that there has been some increase in share price lately but not wanting to sound negative I just felt the selling wasn't over. I am not saying everyone is selling (i.e. Honig) but the MMs also know that they needed buyers to come in to keep unloading as I believe they all dried up after we hit the 1.50s. I have posted numbers many times and the only number relevant was the fact that 13M shares were immediately tradeable post merger. I never thought all were going to be sold but still felt there were more shares available for sale. Technically when this broke 1.79 this was the next level. Also if you track daily short percentages the last two days had increase for sure. Once again, more sellers than buyers=PPS decrease. When the selling is over is when I think we will see big gap ups and big price spikes. If you look at the way the MMs only increase by .02-.04 or keep it same you will see it. Not sure it makes anyone feel better but that IMHO.
Looks like EDGX in the mood to sell early.
Yeah...Just the normal after hours down tick. Somewhere in here we will probably get a retrace of sorts. Just want to see new trend-lines moving up. I also think company is going to eventually want to start getting some type of PR out to just start letting the street know they are on the way.
Need that same buying pressure we had yesterday. These guys(MM) always have one more bullet in the gun IMO.
Trader
Just caught it. Great call/info. Thanks
Fuyi,
CINN flashes that on and off many times. EDGX is always doing that throughout the day and when you start tracking time-sales it never hits. When CINN was showing 16,100 at 1.91 someone actually sold 17,100 at 1.88. This is why I never really use L2 except to see where things line up. JMHO
Thanks Trader
EDGX still the ax IMO. I think AMEX/ARCX/NSDQ are more active. As FUYI said, same levels and I think support levels are solid Looks good from both perspective as I speak. Just very unusual the way the MMs trade this.
Boston,
What do you make of the buying followed by 100 share trade down ticks. Absolutely every time. You would think they would run it and let the normal retrace occur somewhere in that. At least the higher we go the inevitable retrace will be a higher low IMO.
Cooler-check email
Item 7 in your mail
Cooler
I do pay but some stuff is ok. I think the #1 you want was included in case 293 doc #79
Anytime brother
Here is what is in the 109 pages:
Document Number: 79 6 pages 115 kb
Attachment Description
1 Bajoria Declaration 3 pages
2 Exhibit A 15 pages
3 Exhibit B 29 pages
4 Exhibit C 26 pages
5 Exhibit D 21 pages
6 Exhibit E 7 pages
7 Proposed Order 2 pages
Cooler:
Here is 293 case (FB)
79
Filed & Entered: 07/12/2013
Docket Text MOTION to Relate Case
80
Filed & Entered: 07/12/2013
Docket Text Joint Case Management Statement
78
Filed & Entered: 06/28/2013
Docket Text Case Management Conference - Further
77
Filed & Entered: 06/26/2013
Docket Text Notice of Appearance
75
Filed & Entered: 06/21/2013
Docket Text Case Management Statement
76
Filed & Entered: 06/21/2013
Docket Text Case Management Statement
Yes i have pacer account.
Cooler:
Here is what is in Novell Case File
82
Filed & Entered: 07/12/2013
Docket Text Joint Case Management Statement
81
Filed & Entered: 06/28/2013
Docket Text Case Management Conference - Further
80
Filed & Entered: 06/26/2013
Docket Text Notice of Appearance
78
Filed & Entered: 06/21/2013
Docket Text Case Management Statement
79
Filed & Entered: 06/21/2013
Docket Text Case Management Statement
77
Filed & Entered: 05/10/2013
Docket Text Order on Stipulation
Are you talking about the 106 page supporting docs?
Thank You.....
I would just like to add as I have said many times. We are all just trying to post information that hopefully adds to another's due diligence. I am sure you know that the best information is the information base you build to develop your own strategy. I am sure every person you mentioned would say that we never want anyone to ever make a decision based on a MB poster. These guys were here long before I was and I am honored that they allow me to post information I find useful. By the way, the Deet man really is OK; personally when someone questions something, it makes me work harder to ensure I am looking at all the pertinent info. Welcome.
Cooler
And that my friend is why I am extremely happy to have you guys clear these things up. LOL
I think this is my last post but check your email-doc attached.
Compared this case to another:
For example, in Software Rights Archive v. Facebook, Inc. et al., a case very similar to this one as it involved 30 asserted claims and three asserted patents, Judge Whyte ordered the accused infringer to “limit its invalidity contentions to four anticipatory references and four obviousness combinations, as the court sees no legitimate basis for asserting more references in this case.” 12-cv-3970 (Dkt. 41) (N.D. Cal. Feb. 15, 2013) (Whyte, J.)
Pacer Filing...
I am sure the legal experts here can answer better than me but just reading the docs, it appears the court is tired of the amount of assertions from all sides and is now stating/limiting the amount of claims that can be made by all parties. 14 pages long and thats the best I have.
Pacer Today:
Looks like the judge isn't letting defendants off the hook!
Defendants proposed schedule will cause unnecessary delay defendants’ proposed schedule is an attempt to vacate the claim construction hearing and delay this case indefinitely. The Court and the parties have already coordinated their schedules and set a date for the Markman hearing. There is no reason to vacate that date now and delay this case even further. Defendants suggest a schedule that delays the claim construction process until both sides are satisfied with the contentions of the other party. Not only is this scenario highly unlikely, it is against the spirit of the Patent Local Rules. In most patent cases, plaintiffs and defendants disagree regarding the sufficiency of the other’s contentions. If both parties had to agree that all contentions were sufficient before moving forward, no case would reach trial. Furthermore, the Patent Local Rules specifically contemplate amending contentions after claim construction. Thus, predicating the claim construction hearing on contentions, as Defendants suggest, is backwards. Accordingly, the claim construction process should move forward as scheduled while the parties resolve their discovery differences, which is the typical process in patent cases in this District.
And to think so many were worried when it was transferred.
Fuyi...
They cheated you. I swear it was 1.81! LOL Great job!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89820284
I hate myself for this but since the board has me on a tight leash in regards to exceeding my daily alotted posts I just can't resist.
As someone who has been around for a bit I believe in one simple thing. Past is prologue". History repeats itself time and time again. A chartist merely capitalizes off the theory. I have never met a chartist that stated they are 100% correct all the time. Lets take this statement for example:
"PCHM 5M o/s Texas Patent trolls will be looking for Mergers with producing company's could become very attractive very fast"
Now I am not sure if the author is describing a random event or perhaps an event that has occurred before (DSS). This would be for the author to ascertain. My point is that there are many many ways to evaluate a stock. Now I will be unable to address this topic further as the moderators (especially the unseen one) will lop my head off if I continue. As always, no need to attack as I respect ALL points of view and invest using my own parameters. GL
Deet...
From an expert chartist. (And I quote)
"using 20/20 hindsight..... I see that LEAP formed a long drawn out (all the more dramatic) wedge that turned bullish when it broke above the upper trend line. From 6 to 8 , as they say, "somebody knew something" ....
"all kinds of other things happened as well, like a host of moving averages crossing bullish and all of this was from a stock that had gone from 100 in 2007"
The regulars here would recognize the response is from the Surfer! LOL
Feel free to chime in. There are some really good traders who use a multitude of ways to trade this stock. Just follow the guys who explain their rationale. One of the best boards out there IMO.