986, W/A and implications.
One thing I really am not quite understanding here, is the lack of movement in the share price given what is going on in this case.
Sure there are delays, the judge is being a lazy butt, etc etc, but one single fact remains.
VRNG won. The subsequent rulings by the USPTO, by the Judge on the base amount, and now Google's actions here on the alleged w/a tell us one thing - simply that VRNG won, there is no w/a, the base will be 20.9% and the award will be higher than 5%, meaning close to 1 billion.
Yet the pps is being held down artificially by an incredible short interest. I don't understand what the shorts are holding for.
Being the resident conspiracy theorist, I really feel as though google is involved with this short position (clearly not directly, ie on their financial statements as 'securities held for trade', but via a relationship with a few hedge funds etc.
No money manager in their right might would maintain a short position in the face of a very significant catalyst that given the FACTS will not be beneficial for shorts.
Moroever, weak hands have been shaken, the pps has found a floor around $3 there is little downside left here, basically, the big gains from shorting have been made. A smart manager knows when to take his profits and move on. The fact this insanely large short position is not moving (and increasing) really doesn't add up logically.
Moreover, the fact that every time the pps moves its hit by another wave of shorting makes me really wonder what is going on here.
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