Saturday, June 22, 2013 3:33:25 PM
Then you say this is how you make dough.
When the price changes significantly it is because the sentiment has changed. This is an event in these type plays. Yes you are correct this is when you can make the most dough. But you either play the events or just buy the dips. Both are credible strategies if you have a strong conviction on the outcome.
However why not make some dough on the way? Yes I thought as everyone else did that the floor was .38. That there would be a run-up to the markman on the 27th. That it was a very strong case, etc. But let's not ignore that patent plays are extremely volatile by nature. The environment has changed.
Patent validity is by far the largest event. As questions and doubt creep in the risk increases and the stock reflects it.
I would never say you are wrong without a final decision by the courts. S&G may be ready for this. But as far as public knowledge as to what they knew/know or have up their sleeve is not available as far as I know. If you have it please share.
We will all have a better idea when they respond. I highly doubt it is over we will see. An outstanding response by WDDD will send this flying after it settles down.
My hope is that everyone makes dough in the end.
Everything is IN MY OPINION!!!
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