The Babe's Trades

[billyjoe]

Vrng

River, Ever heard of a pete harmison on yahoo message boards? He claims to be short 647,000 shares and adding. probably just another nut.


----------------billy

[riverbabe]

River, I may be grasping at straws but VRNG is the only stock out of 43 that I'm tracking or own that is up today. That includes the dividend contest stocks.

--------------billy

Keep grasping, you're bringing us luck. Hope you're following all the latest articles. Seems like everybody is long VRNG. That scares me a little but not enough to bail (yet).

[billyjoe]

River, I may be grasping at straws but VRNG is the only stock out of 43 that I'm tracking or own that is up today. That includes the dividend contest stocks.

--------------billy

[Deaddog]

(Also, I love writing to you so I can use proper English punctuation and not worry if the period goes inside the " " and the ( ) or not, depending on which country I'm in).

I hardly ever notice punctuation when I’m talking to a good-looking girl. Unless of course she is showing off the periods in her parenthesis. (.) (.)

[riverbabe]

Re: VRNG:
Most of the twits on stock twits are bullish. That’s almost a bearish signal I would think. Considering all the bullish hype the market doesn’t seem to be recognizing the value.

However; At this price it’s like buying an option that doesn’t expire.

I started by saying, "It's a bet". Nothing more. Pure speculation. But I've read and compared Goog's Ad search system and filtering, with Lang's patented claims asserted by VRNG. VRNG has one heck of a case! The most Goog can do in defense is try to prove the patented claims are invalidated by prior art not fully considered by the USPTO when granting the patents. They have already requested a PTO "re-examination" which the PTO has agreed to. But, if a jury trial is won or a settlement reached, all that goes away. So far, VRNG's expert witnesses have explained hows and whys of the alleged infringement to the jury in such a clear way that even I can understand it. So Goog has to try to invalidate the patents. Patents invalid, ergo no infringement. It's gonna be a fist fight. If VRNG loses, the option expires close to worthless. We should know by the end of the week. (I have nerves of steel and never lose any sleep). (Also, I love writing to you so I can use proper English punctuation and not worry if the period goes inside the " " and the ( ) or not, depending on which country I'm in).

[Deaddog]

Re: VRNG:
Most of the twits on stock twits are bullish. That’s almost a bearish signal I would think. Considering all the bullish hype the market doesn’t seem to be recognizing the value.

However; At this price it’s like buying an option that doesn’t expire.

[riverbabe]

Vrng

According to SteveKimLaw Instablog reporting on VRINGO v. Google, things (testamonies) are going extremely well for VRNG. But, “it ain’t over ‘til it’s over.” Berra, Y. Trial will continue today and should last all week.

[Deaddog]

No no could never have meant you!!! You sweet grandpa you! What is your handle?

dead_dog

note the underscore

some other twit got deaddog.

[riverbabe]

Now I'm a twit, damn!!

I used to hate twits and now I are one.

No no could never have meant you!!! You sweet grandpa you! What is your handle?

[Deaddog]

The term "twits" for the people who post there is appropriate I think I posted once.

Now I'm a twit, damn!!

I used to hate twits and now I are one.

[riverbabe]

Hey there Babe;
Do you post on stocktwits as riverbabe1?

The term "twits" for the people who post there is appropriate I think I posted once.

[Deaddog]

Hey there Babe;
Do you post on stocktwits as riverbabe1?

[riverbabe]

River, The decision may be hours away. What should we settle on ? Hold out for a billion or take 500 mill. and be happy? If anything can possibly go wrong it probably will otherwise we'll be doing a cakewalk !


------------billy

Billy, I was really hoping they would settle. Jury trials are always uncertain especially in complicated cases like this. I am following SteveKimLaw's Instablog at Seeking Alpha. He's going to provide daily reports by PDF files for $1.50 (each?) I wasn't able to download the first one yesterday. We'll see what happens today. Think settle, settle, settle!

[billyjoe]

River, The decision may be hours away. What should we settle on ? Hold out for a billion or take 500 mill. and be happy? If anything can possibly go wrong it probably will otherwise we'll be doing a cakewalk !


------------billy

[riverbabe]

River, These price swings are getting me worried although nobody really knows what will happen. I've lowered my ave. price to 5.00 but would be tempted to sell off some if it spikes up again tomorrow. Good thing they found out ulcers are caused by bacteria otherwise I'd be forming one shortly.

------------billy

I'm sorry billy. I thought by now you'd have nerves of steel too. (SA) "As we said yesterday, the action in Vringo, Inc. (VRNG) will be volatile moving forward and yesterday just highlighted that. After having a strong up day on Monday, shares traded lower by $0.98 (18.05%) to close at $4.45/share on volume of 36.1 million. If you are trying to trade this one you have to be able to sit around and watch it all day and buy on dips such as these to sell into strength on days like Monday. For our readers who are long-term investors that look for "special situations" to invest in, if you are buying here for those reasons please be prepared for a rollercoaster ride between your buy and sell points, with the ongoing litigation it will not be for the faint of heart."