Finjan Holdings Inc (FNJN)

[lbcb123]

I think it is by the end of the day tomorrow that all responses are due regarding the JMOL motions. I give the remaining two patents being dismissed a 10% chance and a settlement a 1% chance which give an 89% chance the trial goes forward.

The last pump scared people out of tax loss selling. They were afraid they might miss something. Low volume now. We'll see which way it breaks. I don't own a single share right now. They have no credibility with me. This was the second year in a row they guided MULTIPLE times about a whole bunch of deals they expected to be signed before the end of the year. Last year they said there were 4 that were "likely" by the end of the year an they were just being finished up and this year they said there were multiple deals "in contract stage" that should be done by the end of the year. They even reaffirmed this during ANALyst day.

This is just a manipulated trading vehicle and not a viable company to me now. Their two biggest patents expired now and they are having a tough time against the big boys. Symantec and Blue Coat cases brought in more attorneys. They are high-end attorneys and make me believe they think they can prevail.

I'm not sure if I will bet on a positive trial outcome or just sit out. I think I will nee sub-$2 to get back in.