Yes what is interesting is the short position here...agree
1. PRKR won a jury decision - VRNG Did in Oct 12
2. PRKR is valued 2x VRNG and jumped the value of VRNG today on again, a jury decision
3. PRKR's award is a complete unknown at this point. VRNG can be reasonably guestimated based on HJJ rulings and case's he's cited.
4. PRKR has a much less valuable portfolio and management team that doesn't match VRNG
.
5. VRNG is much further along the legal process (ruling, appeals etc)
6. Day of the jury decision VRNG has a flash crash on a HUGE SHORT POSITION occuring.
7. There is ZERO reason PRKR should be trading at 2x the value of VRNG
8.Anyone think google isn't shorting this stock now? I certainly am fairly certain they are. Market values on a relative basis. If it doesn't make sense, there's a reason and it isn't because VRNG is in a weaker relative position here.
Something to think about