Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Just an update NQ was over 18 today as shorts are getting nervous and the sprint deal is huge. Looking for the gap down from 22 to be filled in the near term. Stocks at 17.98 with the audit to come back very soon. Good luck all
thanks for your insight, talking numbers it's in Best interest for Google to settle this in a cash offer/buy out as any RR% going forward will only hurt there bottom line Margins going forward. Shareholders wouldn't like that. i guess the clock is ticking on them and then wait for their appeal. See you all tomorrow
Do you think that Goog and VRNG will come to a settlement via this conference? if not does Leonard pitch this out to arbitration? or it goes as not settled and they (a judge Leonard or JJ) puts a running royalty on it and call it a day? thanks again.
Eric
JJ is there a time line for the conference? 3 days, 5 days, open ended? for them to settle before a judge has to step in? i'm sure VRNG wants a % and Google wants a lump sum (so not to impact their earnings going forward) which might cause delays in conference. Thanks in advance
Hey Netprf I saw this in another stock I have NQ, i took note of it as it happened twice with 500,000 shares at about 20 cents less then the price, ends ups being Morgan Stanley (for the NQ stock) taking a 5% position in the company, I wonder if some investor company is taking a position with an average price. Probably wont know for a couple days GL.
like i said last night they are on the hook for an audit
http://finance.yahoo.com/news/nq-mobile-tm-initiates-process-122300311.html
see they moved money around and having someone audit it. Good job on the quick turn around
shorts might try to keep in down to cover some bets but i think we see 14 very soon this week
The cash could come in from anywhere and the numbers are here say right I can email you a sheet with xxxx1472 account number with 100,000,000 balance but they are now on the hook for an audit. Which to me means there is cash. But now the question is where did the cash come from. Time will tell
I do agree with your point from the cc today they will cut head count to be lean to show better cash flow to make them look attractive to a Bo time will tell
I have taken fish oils and other drugs that have been refined that in the short term looks to do the same but they chemically alter the drug to remove other parts that have other negative to no effect to a person. But a person who is fat and over weight who expect a miracle pill that allows they to eat crap not exercise wont help them either, if it helps someone in any way and they did what they asked why did they get a no vote? What's the harm? I think the chairperson was one of the 2 yes vote the other panel people probably voted bias or for personal reason, I still think there is hope in the long run.
Amrn is still selling their drugs they just got a no to get a larger piece of the pie, the trials will continue at 30-40 million for the cost of it a little ouch on the pocket but already baked in to the price. The grow of the PPS to 10-20 range will have to wait for an FDA revisit.
Tomorrow it should gone down some more where? To a $1 probably not there are a lot of shorts already out there so you might see a 3-4 range but should be around $5 at the end of the year unless more news comes out.
Larger pharma might be looking to buy them out when the price drops cause there is potential and AMRN has done most of the leg work already hang tight guys
interesting his name comes up about google deleting emails and documents prior to sending to Vrng but in this one he talks about not infringing, hard read to see if it will be good or not for us. Refresh the popcorn and continue watching this drama unfold.
E
JJ i just got done reading it, (i haven't checked all the references but i trust them) base on the doc the main points which are strong are (and you'll see when you read it)
in order of appearance:
1) clearly definition of all patents in play with pictures, colors and what they do and how they do or don't come into play
2) Cook's testimony (google engineer) that at least one or more of the filtering steps of the infringement could not be removed despite his own efforts
3) latches definition and the steps that took place including lycos tried twice to find out from google how adwords was working. including the coments about the blog post (that had no comments after it was posted) LOL world wide knowledge
i feel like i want to buy more stock after that, waiting for your comments after you finish your beer(s) and read it.
Thanks
E
OMG looks for a late night of reading, 127 pages with reference after reference. We can debrief about this tomorrow.
JJ i need your help, i'm the programmer so I can't talk the legal talk but is Goog trying to do with the re-evaluation of 420 what they tried with the judge/VRNG?
Google tried to send pieces of code to VRNG to say they aren't infringing on part of the patent anymore and VRNG response is give us all the code.
So in the USPTO it looks like they are only reviewing 5 of the 7 infringing pieces so do you think they are trying to piece it out again? And is that possible? I thought USPTO looked at it as a whole not pieced out from the judge ruling.
Thanks
E
Thanks JJ but Speed traders seem to get there hands on info before us so I'm expecting something in the next hour
Since the Judge Discredited Googles experts we should only expect something from VRNG? LOL (Giddy for a monday)
Oh my light ready? I'm going to need to crack a beer and get a pad and paper to follow the invalid, before this and that... thanks gave a good weekend.
i've done my DD with VRNG for the longest time,
november trial,
Maureen blog,
virgina miss print of amount
all the re examination
but with 420 confirmed
now they want to see if its deemed related? I thought the trial said it was so why again and again, What happened to there workaround shouldn't they focus on that rather then the past? This tell me that they want the damages from trial to may workaround invalid cause it's not related but the trial again said it was related from trial date back, so why would it matter? Then they dont have to make up a workaround? Seems like a waste of time
I was talking about this for VRNG
http://www.scribd.com/doc/169695809/90020057
Sorry guys on mobile but i heard another reeamination of '420
go to uspto.gov pair website under docket 90/020,057 Determination - Reexamination Ordered '420 patent
is that true? how many times can they said again, again?
I think VRNG has decided to have the most open lawsuits as nothing is moving with Goog, so another with ZTE in germany? or did they just tack on another patent in the suit? seems like VRNG is nothing getting anything from ZTE when they thought they would have settle so they keep poking the bear, or would that be Panda?
at this point i'm just waiting for the straw that breaks the camels back to move this PPS, or POS which ever comes first.
Ha ha I agree
Lipstick on a pig is what comes to mind.
Googles has submitted about 5 or 6 version of a workaround since before the trial. I'm sure it's been several shades of red lipstick but it's all the same. Just need to wait.
With tyco and ADT I'm surprised vrng filed it as they have 3 fronts now. Something changed either:
1) google will settle this weekend, lol probably not.
2) ZTE is going to agree to license could be see that in a week or so,
3) nok sold the phone business and asked vrng to step up the lawsuits most likely outcome.
Time will tell
The Two words that come to mind after reading the SA article is "So What" not sure what point the author was trying to make. Oh well happy weekend
VRNG never lets us down with there zinger on Google, calling them out again in 986 with calling there last work around an empty offer.
3 open cases now (google, zte (4 locations) and not ADT/Tyco,
1 closed pending an open case(MSFT pending google),
2 wins of those four MSFT and google
and 0 return so far. I love this country. LOL
Time is on there side.
Have a good weekend.
E
The new SA is re-hash, nothing has changed, it's a FYI of the google/msft status, with no mention of nok patents, or anything else guess it's just a fyi
That's why they deleted the email so there was no trace of it. I think vrng asked the code to be loaded on a secured PC that they can have access to, to look at it line by line but no response yet?
Live is good with Sierra pitch VRNG again. you know she has the insight on the company. LOL
http://www.sierraworldequityreview.com/2013/09/11/vringo-vrng-rating-and-10-day-short-term-target-price-issued-on-september-11th-2013-sierras-latest-stock-headlines-because-you-need-to-know/
You call that a pop? it's up .02-.04 cents or about 1% member the good old days where it would move close to a dollar? Nothing to see on 400K volume, waiting on VRNG response today. keep moving nothing to see here Yet.
Good things come to those who wait, yes it's been a year since this all started but the balls rolling, the year is almost over and we should see something before the end of the year
Google reply was pretty long, might want to make sure they dot the i's and cross the t's and give Google a little sucker punch in there too.
Anyone else having issues with ihub crashing on them today? First gmail deletes emails now chrome crashes when vrng is in the URL, hmmm
984 985 pacer Rumors anyone got any insight?
I have the same argument with the IRS I sent in my tax forms and shredded all my copies, guess what they told me? Same thing the judge will tell them friday
If VRNG isn't looking to get bought out, what is there end game? If you look at how they positioned themselves not the company the employees there stock is worth more bought out than what every you think. most of the shares aren't vested unless bought out
Your Right i mixed up stout and cohen, was trying to get some work done but you also have to Think that NOK does want the help of VRNG as if NOK every wants to work with any of there clients again you expect them to pay NOK directly vs a patent troll? Bite the hand that feeds you.
all i know something is up, to many of the same names are working together and they are getting the ball rolling, I wouldn't be holding short over the weekend, or any weekend in that mind but you can do what every you want
I agree but what VRNG has that NOK doesn't in there old lawyer, Stout, how much is he worth. So either one of two things will happen:
1) NOK and VRNG merge/get bought out.
2) NOK opens the vault to VRNG and says 50:50 or 35:65 like the first 500 patents.
Either way with NOK phone business gone and nothing left but the patents time to go make some money while the NOK heads figure out what they are going to do next.
Otherwise they are Finnish pun intended.
How VRNG will go after Google again?
Great question it's all about a chess match, I which i could say i have hard evidence but the piece are in line with what I see, The out come looks a little different that what I thought originally but here goes.
Sorry JJ this has nothing to do with the legal side of VRNG
1) VRNG went after Google for search, nothing changed there
2) NOK and MSFT met about selling the Phone business talk stalled.
3) NOK approached VRNG with the 500 patent to get the ball rolling on lawsuit.
4) MSFT/NOK talks stalled and NOK asked VRNG to push MSFT in search lawsuit.
5) MSFT settled then bought out NOK phone business and I think OVER PAID for the patents but is this a mind game for NOK to use it's patents now?
What does VRNG have that NOK needs? it's legal team. VRNG started to go after ZTE but now if they buy out VRNG they can say MSFT paid 2.2 Billion for patents so should you....
NOK/VRNG can go after all Google androids customers ...
What do I see in VRNG future? a joint merger with...
1/2 cash 1/2 stock
NOK can use some of the new cash to buy out VRNG maybe 500 Million and a 1-1 stock swap for NOK. at $5 buck a share NOK is at and 500 million it's a $10 deal with NOK stock upside. I think it's a fair deal for VRNG is that's on the table. Which i think it is... This weekend should be good for VRNG and Sunday night they should get it done. This is my opinion and i have no insider knowledge just looking at the big picture.
MSFT paid 2.2 Billion to NOK to not infringe on there patents, now VRNG has 500 of NOK patents to go after others (ZTE, huawei, etc...) So MSFT is not important cause MSFT bought NOK phones business, VRNG couldn't go after NOK anyway cause it's there patents. Since MSFT and NOK and VRNG are all working together they are building an alliance. Nothing changed but all three got stronger. NOK will go after licensing with VRNG. MSFT and VRNG will go after GOOGLE et al. I think this will help MSFT win back YHOO search business.
I would like to see progress with HJJ and appeals courts start responding this week.
I don't think latches will be turned off but for some reason if it is I'll buy the first round.
GLL