IMMERSION TECHNOLOGY (IMMR)

[TheWolfer]

3 Very strong reasons to Buy IMMR

The huge positive looming over IMMR's near-term future earnings:

Lest current stockholders and potential longs forget the following:

1.)Update: In an update to the note, Liu states that for touch-feedback technology maker Immersion (IMMR), “For Immersion, this may be a positive for the company. The Apple-Samsung verdict sends a strong message about patent infringement.”

Liu maintains a Neutral rating on IMMR.

Immersion stock is up 34 cents, or 6.2%, at $5.86.

source: http://blogs.barrons.com/techtraderdaily/2012/08/27/panl-drops-11-on-samsung-jury-defeat-national-sees-little-impact/?mod=yahoobarrons

Also don't forget:

2.)Immersion Corp. said Tuesday it has signed a licensing deal with Sanyo Automedia Sdn. Bhd., which supplies factory-installed automotive systems.

source: http://www.bizjournals.com/sanjose/news/2012/02/21/sanyo-automotive-immersion-sign.html?ana=yfcpc

Also:

3.)During the conference call, we also learned that the inclusion of Immersion's Reverb technology into Samsung's new flagship Galaxy S III phone should generate higher royalties per unit for the company. Reverb monitors audio applications and translates them into haptic effects in real time, allowing for a more intense experience, for example in gaming, etc.

Several new Android apps incorporating Immersion's haptics were announced during the conference call, a sign that the technology is appreciated by game developers, although this new market will not be generating any revenue to the company until 2013.

source: http://seekingalpha.com/article/784861-immersion-disappoints-hints-at-potential-settlements-for-basic-haptics?source=yahoo

You'd be a fool to sell or just hold. You have to accumulate here in my opinion for the above reasons. In addition they hired a new CFO so I think a tighter ship financially should be seen in the near future. This stock is going to $20/sh. in 2 years time, just watch. Get long before the next qtr. where we should see the Galaxy S3 effects and possibly get a settlement for patent infringement.

Good luck and remember Scared money doesn't make money.
Sentiment: Strong Buy