Sunday, October 14, 2012 6:54:27 PM
EDIT: this case is not yet "in the bag" and there is no way you can lose your entire investment if VRNG loses.
losing the court case will not lose your investment entirely..
more than likely the share price will halve.
with $55 million cash the bank there is no chance that VRINGO will be bankrupted by this trial.
VRINGO pre merger was worth between $1-2 dollars a share... that has now been diluted to 50c-$1... the ZTE case adds about another $1 in value and the Nokia Portfolio another $1..
if VRINGO loses this court case completely then the shares will still be worth $2-$2.50
so if you sell out after the trial then you will have lost only half your investment (assuming you bought in last week).
If you hold till VRINGO sues more people over the Nokia patents then it will go back up again.
EDIT: best case scenario your investment will be multiplied by 6... worst case it will halve...
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