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we're in the .15's and a long way until a verdict
Down to the .16's
Yep.. That is what I also inferred from it. ATVI is planning for the worst and definitely playing hard ball along the way.
Still doesn't change the fact that no news will occur for a month or two
ATVI knows they may have to fight in court. The Judge won't come back for at least another month imo and more likely 2. She never has and what makes you think she will with this case that she has put on the back burner for so long already?
I am going to wait until .14 to buy again.
This is going to take a while and I can make money elsewhere and buy this for cheap in the future.
Good luck to you all
Hate to say it but I think Joe is right on this one. This will continue to bleed until the Judge rules, which may not be in our favor.
We have been screwed by the legal system this entire time so I don't see why it would change now. I mean they can't even upload a video in 5 days...
The good news is activision appointed a new lawyer (see my last post) to defend the technical infringement aspects of the case. So ATVI is preparing for a markman.
http://www.ropesgray.com/biographies/m/moffa-matthew.aspx
This guy was just added to the case... Seems like he updates his resume pretty quick
"Defending video game manufacturer against patent infringement assertions relating to its software in the District of Massachusetts."
Why is your pacer faster than mine? I still don't have visibility to 109
From what I understand, a MSJ can take up to 60 days to review before a decision is made.
Back to the pacer for us.
This isn't bad news or good news, the judge wasn't convinced by worlds or activision.
Now the fun begins!
Max isn't listed as representing worlds on the court calendar btw.
Some price action finally!
Bid/ask .215/.23
Rereading document 108 from activision, this is my favorite part:
the Court should (1) deny Worlds’ request to combine the Markman hearing with the October 17 summary judgment hearing and (2) revisit the scheduling of the Markman hearing, if necessary, after resolution of Activision’s summary judgment motion. See id.
They know they can't win by case law and a markman is coming.
No officers from ATVI are buying but they sure are selling. Are they seeing something with this case or the state of the company? A question that will be answered soon.
Judge Casper's IP blog for refreshers on her prior cases:
http://bostonipblog.typepad.com/dmass-ip-blog/judge-denise-j-casper/
http://www.mad.uscourts.gov/inet/tomorrow.pdf
Set for 2 P.M. in courthouse 11, 5th floor.
Worlds defended by Caughey, Grinstein, et al
and
Activision defended by Biddinger, Chun, et al
Good article, S&G was the reason I turned my head and pursued investing in worlds.
We still have average trading volume today. Everybody wants to wait until after the MSJ. Seems like the outcome of the MSJ will be a big catalyst because of this.
Bid/ask at .21/.2175... things are looking green! Hopefully this draws in more attention.
Did anyone hear if both parties agreed to the cameras in the courtroom?
Then we all could watch
Nice! Good find.
Next things on the agenda:
Who will defend worlds
How can they pay for it
ATVI settlement before markman?
Markman date
bid/ask at .20/.21
Everyone waiting on news...
That is a net loss carryforward used for income tax purposes.
Worlds liability is somewhere in the 5 million range
I can assure you 43 million NOL does not exist any 10k. Maybe you are off an order of magnitude
Next lawsuit should be worlds inc vs. USPTO
Where did you pull this number?
I calculated approx 5.72 mil
Here is the link for a refresher:
http://ia601204.us.archive.org/31/items/gov.uscourts.mad.143034/gov.uscourts.mad.143034.89.0.pdf
Worlds provided overwhelming evidence.. this will go to markman the only question is when
While I agree that this is their primary goal, ATVI definitely has shown that the secondary goal (or risk mitigation) is to delay as long as possible extending the date with the possibility of worlds having to refile.
If that wasn't the case they would have submitted the MSJ earlier. They waited until the last minute to submit it.
Need some news!
We are on the same page. The refiling is a worst case scenario and highly unlikely.
On the off chance they do have to refile, worlds would have to go through the entire process again and more importantly ATVI would be one step ahead of them in their lawsuit.
Everybody should know that money isn't going to come easy from the big boys.
If the MSJ deems the patent ineligible for the march 2012 filing date, the process would start all over again. Which would be bad news for worlds.
This is why ATVI has waited as long as possible to drag out the MSJ because it will be less time worlds has to claim infringement. I do not think this is a likely outcome, but it is definitely what activision wanted to happen.
I will do some research on similar cases.
Of course you don't agree with ATVI's interpretation because you are an investor in WDDD lol!
That was my consensus a while ago (post #14572) that the case would have to be refiled.
Glad someone else interpreted it the same way as I did.
Refer to my post #14726.
I stated the range today would be between .195-.22. I was off .005 lol and I predicted 300k volume and it was 267k.
This is all expected, you are the only one trying to make the something that is not there.
I am assuming the government shutdown isn't going to end before the courts are defunded. If this is the case than the civil cases will be pushed back to accommodate the criminal cases.
I contacted the court to see if anything has been changed and as of now they have no plans to rearrange hearings.
Which is good news.
Oct 17 will irrelevant. The date will not stand with criminal cases taking priority during the government shutdown.
It will be postponed by a week or two.
A game changer will be if the judge cancels the MSJ due to findings (document 107) and combines a markman with the MSJ. I am hoping for document 109 to state this.
Update:
Good Afternoon,
Everything is currently on schedule. We have not been told much further.
Sorry I could not be of much more help but that is as notified as I am.
Thanks.
Timothy Maynard
Docket Clerk to Judge Denise J. Casper
I think you are confusing this board with a COD or WOW board. This board is for adult investors.
Guess the mods will have some clean up to do.
Yes, charts are charts and don't lie. I understand your thought process on the volatility of ip plays but they still correlate to chart fundamentals.
Like I said when the stock jumped 30% in one day on news of the certificate of correction almost no resistance was met. I knew that would happen from the charts.
Imagine the news of a favorable markman.
You don't understand what I am saying. If we break the 50dma than the next resistance level is .33
If good news gets us past the 50dma than it will jump up to that next resistance level.
It's how stocks work and many investors are waiting for that cross (like myself).
Yeah I know the low was .16 but that was short lived and had heavy resistance at .17 like I have said before.
There is almost no resistance on its way up to .33.
If good news hits (similar to when I pointed out the aug 14th certificate of correction) when the stock jumped 30% in one day, the same reaction will happen with news of a markman date.
You should read about charts.
That does not make sense. Even your chart shows .18 (I don't know what correlation that is?) as the lowest price.
If this breaks the 50dma (about .259) it is clear sailing from a chart perspective. Thanks for pointing out that this thing will pop if any good news comes out.
The bid is still holding so I don't get your rational. There is no news out so your baseless bashing is useless and won't affect the stock price.
Thanks for your input...
Mckool smith is a big patent infringement attorney... ATVI pulling out the big guns
Magistrate Judge Stephen J. Hillman assigned as judge
I think today will be a holding day... it will range from .195-.22 with 300k volume.
Any predictions?
Congrats to everyone that bought in the teens today