The Babe's Trades

[riverbabe]

Holy Mackerel ! VRNG seeks a settlement more than 3X their market cap and it seems the odds are in their favor. It sure looks as if GOOG would just buy them out sort of a Goliath paying David to drop the slingshot.

VRNG--$178,780,000-------------GOOG--$250,770,000,000

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

There have also been rumors they would be a perfect fit for an AAPL b.o.!

[riverbabe]

River, I assume you became aware of VRNG because of the patent controversy. I'll admit I haven't looked at GOOG since I sold or would have been familiar with VRNG. Just what do they have that GOOG needs?


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

They have bot all of Nokia's patents. As well, one of the cofounders of VRNG is inventor "Lang", whose patent on search link arrangement based on users preferences (+++) is charged to be infringed by GOOG. And, having read the claims, I believe it. VRNG had a very favorable "Markham" hearing, which takes place first as an analysis of claims to determine if they are very likely infringed and VRNG has a case to take to trial. There is lots of background in 'seeking alpha' articles that will fill you in. BTW, Vringo was/is originally a "ring tone" company, hence "VVVVRRRRING!!!" hee

[billyjoe]

GOOG vs. VRNG

Holy Mackerel ! VRNG seeks a settlement more than 3X their market cap and it seems the odds are in their favor. It sure looks as if GOOG would just buy them out sort of a Goliath paying David to drop the slingshot.

VRNG--$178,780,000-------------GOOG--$250,770,000,000

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

[billyjoe]

River, I assume you became aware of VRNG because of the patent controversy. I'll admit I haven't looked at GOOG since I sold or would have been familiar with VRNG. Just what do they have that GOOG needs?


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

[Deaddog]

Since this post, I averaged down my VRNG to 3.47 and have 8K shares. Yesterday, the judge dismissed GOOG's Motion for Summary Judgement. The stock rocketed up 33%. Trial date is 10/16, but the judge ordered Settlement talks to begin with the first hearing on 10/9. Now the plot thickens! This explains what is going on: http://seekingalpha.com/article/9041...readmore&ifp=0
Drama drama drama!!! In any event, my IRA should be greatly enriched! Thank you thank you Mark Cuban, James Altrucher, the Judge. and VRNG!!!

Way to go Babe!!!!

[riverbabe]

Wow, River ! You're good. At 5.24 is it too late to buy? It seems as though a buyout, settlement, or positive trial outcome could only help the price. I'd like to be in your shoes but I know you don't wear a 15 D.

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

billy, considering the R/R, it's probably not too late, altho you know how prices seem to sag Fri PMs. Just remember, this is a BET and if it goes to trial, it's anybody's guess how a relatively inexperienced jury will rule. Like the man said, it could go to a big loss if they don't settle.

P.S., I wrote this before I read your edit. Good luck to both of us billy!

[billyjoe]

Since this post, I averaged down my VRNG to 3.47 and have 8K shares. Yesterday, the judge dismissed GOOG's Motion for Summary Judgement. The stock rocketed up 33%. Trial date is 10/16, but the judge ordered Settlement talks to begin with the first hearing on 10/9. Now the plot thickens! This explains what is going on: http://seekingalpha.com/article/9041...readmore&ifp=0
Drama drama drama!!! In any event, my IRA should be greatly enriched! Thank you thank you Mark Cuban, James Altrucher, the Judge. and VRNG!!!

Wow, River ! You're good. At 5.24 is it too late to buy? It seems as though a buyout, settlement, or positive trial outcome could only help the price. I'd like to be in your shoes but I know you don't wear a 15 D.
Call me crazy, impulsive, or what you want but I just bought at 5.27. The chart shows that VRNG hit 5.45 on 6/19/12 and 5.55 earlier today so the price isn't as crazy as it might seem. I think I'm going to owe you a nice dinner.
-------------billy

[riverbabe]

Vrng

As reported elsewhere, in VRNG (Vringo) @ 3.66 yesterday. Speculative. Betting on Mark Cuban and the patent troll. Playing by ear. Waiting for the big boys to pile in and more news on how much they're suing GOOG, AOL, etc. for. Still waiting for AMRN takeover to enrich my treasure trove.

Since this post, I averaged down my VRNG to 3.47 and have 8K shares. Yesterday, the judge dismissed GOOG's Motion for Summary Judgement. The stock rocketed up 33%. Trial date is 10/16, but the judge ordered Settlement talks to begin with the first hearing on 10/9. Now the plot thickens! This explains what is going on: http://seekingalpha.com/article/9041...readmore&ifp=0
Drama drama drama!!! In any event, my IRA should be greatly enriched! Thank you thank you Mark Cuban, James Altrucher, the Judge. and VRNG!!!

[riverbabe]

Vrng

As reported elsewhere, in VRNG (Vringo) @ 3.66 yesterday. Speculative. Betting on Mark Cuban and the patent troll. Playing by ear. Waiting for the big boys to pile in and more news on how much they're suing GOOG, AOL, etc. for. Still waiting for AMRN takeover to enrich my treasure trove.

[riverbabe]

Nuan

Sold last week @ 23.35 on gap up after earnings. -10%
Still holding AMRN for gain on a b.o.

[riverbabe]

I'm cruising through some sites today looking for some possible buys and came across Cadence Pharm. As our resident pharma expert, do you have any thoughts on this one? Seems to have a lot of momentum and buy signals for the last while. Thanks River!

I'm sorry, don't know anything about this company except that it sells intravenous acetaminophen for pain control. No info. except what's on web site and Yahoo finance.

[edward]

I'm cruising through some sites today looking for some possible buys and came across Cadence Pharm. As our resident pharma expert, do you have any thoughts on this one? Seems to have a lot of momentum and buy signals for the last while. Thanks River!

[riverbabe]

Added to AMRN 7/5 on surprise lo-ball bid.

Current:
Long
AMRN av. 14.88 (looking for 20 prior to FDA 7/27)
NUAN 25.94 (looking for break-even then chart for higher)

Cash 22%

[riverbabe]

So, you've been in and out of NUAN as I recall. Stopped out last time you and I bought it "together." Wondered how you're feeling about it now at your current price? I just sat tight and am basically where you are now; down 6.5% and wonder each day about where it's headed.

I stuck it out too. I still like NUAN, even though it's turned into an "investment." I like the daily chart, building the right side of a cup. The weekly shows a lot of upside, breaking the 50, at least in an Elliott 1up, with 3 and 5 ups yet to come. MacD, CMF, A/D ratio, RSI and stoches good on both charts. All in all I love what the indicators are telling me. May see some resistance at the 200 dma on daily. Earnings 8/6. The market is bullish. I don't see any downside for NUAN. I'm hanging on with confidence. Only down 7.51% now. Getting better every day.

[joshcord]

NUAN @ 25.94, currently -9.62%.

Sitting on boat load of cash.

So, you've been in and out of NUAN as I recall. Stopped out last time you and I bought it "together." Wondered how you're feeling about it now at your current price? I just sat tight and am basically where you are now; down 6.5% and wonder each day about where it's headed.