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I guess I can say this because it is a message board and I'm entitled to my opinion and people need to take this with a grain of salt, but IMO, I think it is a very weak "if the PTAB board will give us positive results"... I think we will have a positive result with WDDD because of 2 solid reasons that even a crooked PTAB board will have a hard time overcomming:
#1. Data's post (22590) about the court overturning the PTAB'S decision with Apple... If it was brought up at the hearing and the similarities were discussed, the PTAB board will have this fresh in their mind and will get the hint etc...
#2. Casper's ruling. If the PTAB doesn't give us a favorable ruling, then when we appeal to the court the court will look at Casper (a federal judge) who we have a favorable ruling with.
Sadly,with a crooked PTAB, I feel they can work around our patents being valid, S&G representing us (I know people will disagree with this statement), Phillips being used etc... But I firmly believe they can not get around the court overturning the Apple PTAB and Casper's ruling.
All this is IMO, and I have been wrong before... But I'm liking our chances here... Also, I've been following this stock for years. I remember when Datastream had his profile picture as an orangutan.
This is going to be a long 6 freaking weeks.
Quick question (and it will relate to WDDD). I'm going through a divorce and I make a ton more than my wife. The divorce is now over and my wife is now suing for lawyer/court costs because I make a ton more.
Now the question is, even though S@G are doing this on contingency, can WDDD sue ATVI for the percentage that S@G is taking from WDDD's settlement or other associated court costs?
I know the answer is probably no since it hasn't been brought up before, but I'm just wondering why it would be no.
Thanks for the correction... Still a big name being involved (however Mark Cuban was also into VRNG)
Even though Fidelity Magellan being involved in this stock has absolutely no bearing on the outcome of the PTAB, this is HUGE if the PTAB rules in our favor.
This proves WDDD is already on the radar of the institutions. If (yes it's a BIG if) we get a positive PTAB outcome, I don't think it matters how many people bought at the .01ish range, this stock will hit whatever the mark should be because the institutions will buy in because it won't be as risky a play. Maybe it even will hit the .50 range like Rain said awhile ago... IMO.
Louis, let me help you with some intellect so you don't need to overthink things too much. As of now there are simply 2 things to think about:
1. Is the PTAB decision going to be in our favor?
2. What (or if) will this stock run up to leading into the PTAB decision which is a minimum of 5 weeks away.
The first one is the most important.
The second one is just something for the short term that is irrelevant in the big picture. It's just relevant to people who are deciding to take their profits from the .01 range.
I agree too. One big thing with stock trading is do NOT trade with your emotions or you're most likely going to lose (I've leaned the hard way).
Most of us have thousands if not $10s of thousands of dollars invested. It is very hard not to get emotional/excited about having this being a total life changer by going to $3 (let alone $.50) and become bias and try to always spin things in a positive way.
Bottom line- the PTAB hasn't researched this stock as well as most on this board and doesn't have anything invested and is not biased or excited and can care less if this goes to $3. Hopefully our arguements are so obvious they will see they have an easy decision and rule in our favor.
One person can crater this stock on even on heavy volume. 1.4 million shares sold today is less than $40,000. I bet there are at least 15 people with that many shares. This is not an ordinary stock you can chart.
Sheep, a catalyst in this stock can simply be someone who bought a million shares (even 500k shares) at .08 and then deciding to dump them off taking his 3 bagger+ (I think there are several people in this position vs other stocks where there is no one in this position). Therefore, an entry point means nothing because even just one person can destroy the pps.
But if it makes you happy...
Correct, but there are some people like Datastream that I will listen to.
Even though it is a message board, I'll listen to Datastream. I know it won't have an outcome on this decision, but if I have a ton invested I'd like to know what's going on when he comes back to this message board.
As far as anonomous posters, you can be some ticked off 15 year old kid who just got grounded from the skate board park who needs a hug himself.
My son,
I didn't say it would work- I just had to give a piss poor analogy like yours in order for you to understand. I just said it wouldn't hurt.
Also, Datastream is the chief brain surgeon on WDDD. I will listen to his comments.
I actually do feel that there's a few brain surgeons on this board as far as understanding Wddd's patents and the PTAB etc...
I look at it like this: Imagine a crooked or incompetent police officer arresting someone with no one watching. That police officer might not read the person he is arresting his rights, or if in Chicago might rough him up a little before throwing him in the squad car.
Now imagine that same scenario where the police officer is being watched by 50 people all with video cameras who do not necessarily understand the full situation. That police officer is going to do his best job possible following the book by making sure he reads the person his rights and doesn't unnecessarily rough him up.
If there are a lot of outside people that go to the oral hearing and watch, the patent board might understand this is a big case and take it more seriously and not dismiss it quickly like other cases. We have all been (I probably should say most) waiting a couple years for this to happen and if I had the time and were close I sure as hell would go to the hearing. What does it hurt?
As for the people doing the technical analysis that are on here for the first time doing your charts, you're wasting everyone's time. This stock is all about the catalyst of the PTAB decision coming up.
It looks like the convert sellers are still reading to your posts and still selling. Instead of putting the bid and ask within a few dollars profit for tens-of-thousands of shares, they are now widening the gap. Before the ask would be .013 while the bid would be .0125.
Now the ask was .0159 and bid was .0125 at the open of the day, now that no one is buying the ask went down to .0149. Convert's are just trying a different tactic to sucker retail into buying shares at a higher price. They aren't done selling, and judging by the asks and bids, I feel they have a lot more to go... JMO of course.
Let's say the average price for the 31 million shares is .012. This means $372,000 worth of shares has to be bought in roughly 2.5 months (however that does come out to $12,400 a day for 30 trading days- I'm too lazy to look up the exact #)... Not quite sure that much $$$$ has changed hands since March 18th on a penny stock that is a pure gamble. I guess we will see. Personally I think we still have a ways to go... Of course IMO
-God
(I personally only put down $500 in that time)
This is my personal favorite BS post from OP1
-God
Thanks for the correction- goes to show you that fact-checking message boards is important.
War Eagle, remember before this was .50 a couple of years ago (not going to take the time to look it up), it was at .05 for a long time. Your numbers should read as (est): .05-.35-.50-.20-.12-.09-.03
I'm not trying to put a positive spin, just trying to look at the facts objectively- someone is definitely buying.
All- as you have seen this week (many for the 1st time), there is a lot of risk in this stock. Don't plan your European vacation or retirement, just forget about this stock for a few years so if you do lose everything, it won't hurt as much.
-God
I like this post by Datastream. He truly is a Jedi Knight.
If I'm reading this correctly, since the Bungie set-back, it looks like the WDDD's next action is to seek documents to prove the relationship between Activision and Bungie. Bungie won in the preliminary phase, now WDDD is going to seek discovery documents to prove the relationship between Activision and Bungie. This Bungie set-back can be thwarted during the formal stages of the review by proving collusion.
Remember, the best thing we have going for us is S & G, one of the country's best law firms. They know what they are doing.
-God
If the rulings are in our favor, there are still too many variables to predict that can have an impact this stock. Just one variable can make a big difference, such as people buying at this .05-.06 level and then taking their profits (even at .12 for the 2xer or at .27 for the 5xer... If it were only about 50k being sold a day, I don't think people taking profits would matter, but there are MILLIONS of shares being sold at this level this week and there will be MILLIONS of shares being sold for a profit vs. thousands.)
Also, the convertible debt is hanging over our heads which can screw us over in six months.
Not to be a Debbie Downer, but if everything initially goes our way, I can see it getting into the high teens if not low 20's short term.
The reason why I'm seeing this thing through until the end is because it has great odds that it can realistically be $$$'s in the next few years (IMO better than 50/50). The risk/reward on this thing long-term is INSANE.
-God
I don't think the data on other IPRs matter (next to impossible to get). Only thing that matters is we win (which I'm pretty positive we will).
The thing to concentrate is your plan on when to buy or sell. If we lose, you have a great chance at getting at .05 again. I'm saving my dry powder and waiting incase it does, and holding my core position.
-God
The law firm representing the Bungie case is Davidson, Berquist, Jackson & Gowdey. They have won 6 of 7 IPR challenges they've represented. This info is from September 17, but is pretty straight forward with what's going on with everything.
http://www.marketwired.com/press-release/court-issues-pretrial-schedule-for-worlds-v-activision-blizzard-lawsuit-otcqb-wddd-2056348.htm
Yes, the USTPO is the most reliable source. What makes it not reliable in our specific case is that page 9 includes information from biotec, manufacturing, business etc... These patents do not deal 100% computer software. To make it reliable in our case is to find out the exact number of patents for computer software (which is probably impossible) and not skew it with other numbers such as biotec etc... patents. Nothing wrong with the USTPO info.
It's like saying the American league batting average is .276, and then making the assumption that the Orioles had an average of .276 when their average was really .260. You have to make it specific for that team.
You've had some good posts, but I disagree with you on this one.
-God
I do not believe this chart is reliable. On page 5 it is stated that only 64% are from the Electrical/computer field. The rest are from Mechanical/business, Chemical, or Bio/Pharma.
So, out of the 1645 total petitions, only 928 are from the electrical/computer field (and how many are from the the electrical vs. computer (and out of computer, how many are from software)- the 1645 number might even be as low as 100 are from our field)?
Also, 358 trials (of the 773 trials) instituted-less than 50% are terminated. Some are settled or dismissed. There is a big difference between being settled and dismissed- how many of each?
Also, it was the loan gunman with the Kennedy assassination. No conspiracy.
-God
Unreal... I'm very stunned at the emotions people are displaying. There is a saying "Bulls make money and Pigs get slaughtered". These emotions are causing a lot of people to lose a lot of money.
You should not be in WDDD if you are using non-disposable funds and need it for another stock. You simply can't afford it. Why buy at .12 and then sell at .06? Really?
As I said in an earlier post, this can go to .05 or .16 instantly with little news. Who knows, it might go to .03 in the next month. This is the perfect stock to buy at this price. if it goes to .05 or .03 whatever... you buy with your disposable funds and wait 2 years and you have a lottery ticket that you have a 50/50 chance of getting a 20xer (assuming you buy at .05). Why try to buy a lottery ticket now (on another stock) when the odds are much less? Really? Are you that good of a day-trader you can 20x your money in 2 years (remember you're paying capital gains on your profits)? 85% of daytraders lose money.
If you hold this stock for a year, you won't need to pay the capital gains tax. You're talking you'll save approx 13% on taxes. So, if you "leave the castle"... not even going to address that statement.
-God
Tradetrak, this is the best post I have seen, you are blessed. What everyone is saying is correct, however, you are the only one that has the right idea for the next step in investing in WDDD. I will expand on what you are saying. I am talking about “Buy on the Rumor and Sell on the News”.
Next week WDDD will have a bounce. Lowhndcpr, you are correct in people putting too much focus on getting results from the 9/9 meeting, however, on less news (with whatever little news may happen on 9/9) we saw WDDD go from approx .19-.07-.15 in 2 days. Recently it has gone from approx .08-.16-.08 in a couple days (which is what Tradtrak is talking about). It also has yo-yoed on a couple of other occasions on little to no news (I really don’t have the time to look up the exact numbers, but you get the idea).
9/9, we may see a huge bounce, in which direction, we don’t know. People might interpret something as negative on 9/9, and it might go down to .07, and when they realize that it is really is not bad news, it might go to .15 (or higher since Hudson is about out) and you might get a 2xer or even more (it has happened in the past on more than one occasion. 9/9 is one of these occasions coming up).
Tradetrak, it is nice of you to insinuate to people to come up with a plan for 9/9 for a bounce that might happen (hopefully people don’t buy on the bounce up to .16 and then it goes down to .08 after Hudson dumps 700k shares). It is now up to people to follow their own plan not emotions or impulses. If you are unsure of your plan, just hold. Bless your heart Tradetrak, for you are a good man.
-God
Wddd ticker:
January 23rd: 79,100
January 26th: 49,100
January 27th: 3,700
January 28th: 52,500
January 29th: 129,700
January 30th: 47,000
Total in January since January 23rd: 361,000
1 million in February (Feb 10th 1,336,100 shares sold)
1 million in March (pretty much over 250k shares sold per day between
3/1-3/11)
1 million in April (Same heavy trades in the beginning etc...)
1 million in May
1 million in June
1 million in July
1 million in August
That equals 7 million 361,000.
Hudson still has shares left. We can have a pissing contest all day to see who is right. However, Hudson now is really just mute. Only thing that matters currently is the outcome of September 9th.
-God
It's the first day of the month, show some patience because Hudson is not going to sell 1 million shares in 1 day. Hudson is not out. Look for a bear raid sometime before the 9th (most likely next Monday or Tuesday). When/if it happens, don't panic because nothing has changed. Only thing that matters is what happens on the 9th. Stay the course.
-God
The motions filed Thursday mean nothing. All Activision was doing was simplifying/clarifying the language in order to be current heading into trial. YES, a trial is going to happen. Nothing has changed.
Yes, S&G are great and will not let anything past them. However, what no one is mentioning is ACTV's lawyers are just as good. As you can see by the motions this week, they were not on a European vacation, they were analyzing hundreds of documents with a fine-tooth comb and caught everything. ACTV's lawyers have found loop-holes earlier in the litigation that have hindered WDDD's progress. They know this can cost them billions, and will put full effort into defending this case until the end.
It all comes down to the facts of the case. ACTV's legal team is really good, and if they see the obviousness of the infringement, then they will want to settle. The question is how much WDDD is going to try and get. If WDDD is going to try and get a high # in which the court would award WDDD in the first place, then we are going to trial. If WDDD is going to settle for less than what a jury trial would give them, then ACTV will settle. I do not think WDDD is going to try and settle for a low number and I think that this case will go to trial.
Nothing is guaranteed, and the most likely scenario is you are not going to get your $ until it is settled by the jury.
When a case like this goes to court, the judge thinks that there is a greater than 51% chance that the Plaintiff will win. It all will come down to how the jury interprets the information. Remember, the jury does not have any investment in this stock and are not emotionally attached.
This is not a done deal, but it really is an incredible opportunity to invest. The risk/reward is absolutely ethreal.
-God
This delay is GREAT news if you are thinking of selling when the next catalyst hits (Hudson being out of shares). With this delay, you are now guaranteed a 3-4xer because Hudson’s shares will all be gone when the trial starts or is taking place. This motion basically states that WDDD is going to jury trial, however, it will not get up above .18 even during trial until Hudson is done dumping.
The decision now is do you sell before the 2nd catalyst, which will be the jury decision (or settlement). Do you sell after Hudson is out of shares and take your guaranteed 3-4xer and run, or do you risk waiting it out for a verdict and get a possible 10-15 bagger (or lose it all if WDDD loses)? Start thinking about your strategy.
-God