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Wednesday, December 21, 2016 5:57:43 PM
I will be adding on any silly weakness (in the 1 cent range if it gets there)- I did so in the past and regret not adding more at that level. Not sure it goes there again but if so I am guessing a number of us are ready to mop up shares
I have been in VRNG and like most lost a lot but also learned a great deal (along w vhc where I've made a decent amount), and as you say we are in a strong position. I also believe Kidrin and Susmans choice to go the CAFC is a VERY STRONG signal of their legal and technical views on validity of claims killed
It would have been very easy for them to go to District Court with what they had and "get a decent settlement ". Indeed with what we saw with the stock, that's what the market wanted so from a stock price perspective they passed on a "sure thing" - clearly this wasn't a decision taken lightly or a "gamble"
As I've said, frustrating short term but if one can see the forest for the trees and be patient I still am very comfortable with my position and more so given we have 6 validated ptab claims
The market is completely ignoring that now. Yet, when the IPRs were announced it sold off- that tells you right there that's what going on right now is an inefficiency
Good luck!
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