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Friday, August 02, 2013 1:03:28 PM
If Vringo is getting played similar to Biotech, you believe we get a positive news event next week. The little bump today, is that consistent with the magnitude of the third spike?
I do believe the trade in the patent sector should mimic that of the biotech sector as they are both highly news driven. It is possible that the Golman Sach's of the world would go to the nth degree to have moles in the FDA to front run news events. Is it possible these groups have a clerk or other eyes in the VA courthouse? I'm of the belief that anything is possible. It would be very interesting if HJMJ does rule or something comes out about ZTE that's bullish.
I would be interested in your assessment of where Vringo sits relative to the biotech trade in terms of similarity and not. You did mention something a few posts ago that you had to liquidate your position by Wednesday. How much does that influence your perception of a news event occurring next week?
Thanks
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