Actually it is so plainly obvious that $3.50 was the line in the sand today. Take a look at a 10 minute chart today of Vringo. There was the initial spike followed by a whipsaw spike up/down with a close of $3.60 at 10:40. That was the last time on a ten minute interval it closed above $3.50 . It made several attempts but was repelled. Only a novice thinks this is coincidental with the large $3.50 options about to expire.
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