Replies to post #18137 on Finjan Holdings Inc (FNJN)

[lbcb123]

My posting was the same whether I was long, short or no position. I have always pointed out the good and the bad in an objective manner.

Your problem is you fell in love with the stock and failed to update your due diligence once circumstances changed.

Now we know CybeRisk has shut down.

Now we have a track record for mobile browser to know it is a flop.

Now we know that there is no big payday in the future for Symantec. they settled for pennies of what was guided and have burned through much of it.

Now we know that court disallowed their method of computing royalties at $8.50user which effectively chopped portfolio value to less than half.

Now we know that their two biggest patents are expired.

Now we know that the '494 patent is most likely going to be invalidated.

Now we know that employee count has dropped from 14 to 10 signalling they are winding things down.

Now we know they have stopped doing conference calls right after releasing earnings as they can't handle the critical questions raised.

Keep living in the past. I update my DD constantly and it is obvious to anybody with any objectivity left that this is not the same company we all had high hopes for. Patent enforcement revenue is drying up and they have proven to be incompetent at doing anything else.

[oiledgearz]

That famous quote of Keynes comes to mind:

When the facts change, I change my mind. What do you do, sir?