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LouisDesyjr

10/19/16 11:51 AM

#23123 RE: gibson256 #23122

Trading higher than $0.50?

You do realize that the stock only traded that high a few times, and that was when things were a lot better for software patents, plus the company had tens of millions less common shares.


Table of the 5 days that WDDD ever traded over $0.50:

Date Open High Low Close Volume
4/15/2013 0.46 0.53 0.45 0.52 2,929,100

4/16/2013 0.52 0.55 0.49 0.54 1,584,600

4/17/2013 0.54 0.54 0.46 0.50 1,257,000

4/18/2013 0.49 0.51 0.47 0.49 475,400

4/19/2013 0.49 0.50 0.48 0.48 216,600




The damages estimate I did a few weeks ago estimate that the common shares are only going to get, at best, about $0.18/share.
09/05/16 WDDD damages estimate and worth per common share

That means that per share cash will be $70 million / 385 million common shares or $0.18/share or somewhere around there if things go this way.



Louis J. Desy Jr.