Tuesday, June 12, 2012 9:58:07 PM
The Float is held at this point so apart from shakes, weak hands and swingtrading fun VRNG is sitting on what appears to be an unbeatable hand. My preference is for them to slow play it all the way to jury. The money at stake is far greater than what transpired for VHC.
This week is fairly safe for the shorts because the Judge would never reply so fast--however next week and the next will not be the case and buying pressure shall resume with far more urgency then the run up to Markman.
An interesting case about to get more interesting.
In mean time there is still the unknown of when the major media will dare to finally breathe about this. I imagine WSJ or Barrons or CBS etc will make a double faster than tiny Tech Crunch Article. Short term that is the dangerous bet in being short.
Spidering is searching as the judge frankly implored.
Best
B
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