RECAP: A lot of emotions on this board....but that's because there are a lot of people who have invested their hard earned money....whether the goal was to invest, or to swing trade. But you know what they say about a good relationship? If there's no fighting, there's no passion.
I think many of us got hyped up with the prospect of a quick return on an investment. In all reality, and someone reminded me of this, the market doesn't work like that. The MMs as well aren't bad guys. They create volatility and liquidity...to keep us trading. This down trend is really a product of a lot of us....all based on no news. And this downtrend really is a short blip in time in perspective.
I'm holding long because I thought the 8 catalysts were sound, reasonable, and logical. And, because we have a real company with employees (and their families), and stock holders (and their families). We own the patent, and the only benchmark we have for how strong this patent was....is with the first settlement with a major company. $9 million is not a drop in the bucket to get a "patent troll" off your back. It's not. Its sets precedent and really sends a message to other infringers. This is the only benchmark we have to determine the legitimacy of this patent, and IMO (based on experience) it says a lot.
Settlements can take a while...but in all reality, they take less than a year. That's because, companies argue for months and months what the reasonable valuation for that settlement should be. They don't just pull a number out. Trial can take years....but then again, a settlement can occur 5 minutes before trial. I'm not sure what's going to happen here, but if i was SFOR's lawyers and I felt that the big three weren't serious about settlement, I'd draft an emergency injunction in a heartbeat. That will cause a stir. Because they haven't applied for one, I believe they are in settlement negotiations and doing so in good faith.
Contracts can also take a while. How long did our house closings take? More than likely, months....but, we know they've been in contract negotiations....they could come as early as tomorrow.
Regardless, there's been a ton of DD that's took place this past year, and if you ignore a lot of the hype and hopes and optimism, that DD alone is very promising on its own. I don't think anyone can argue with that.
Don't know what' the next couple of weeks are going to bring, but I'm going to stay long, and also buy more shares on the cheap as soon as I have the extra money to do so. This not based on fantasy, but on sound investment risk. Not many companies in the OTC has the resume that SFOR has. One day, I hope, SFOR proves them all wrong. I think they will.
