Posted On: 02/04/2016 12:05:15 PM
Post# of 23083
$VHC: VirnetX Awarded $625.6 Million Verdict Against Apple last night.
COWEN POSITIVE ON VHC, SAYS VHC AWARD FOR INFRINGEMENT SHOULD AID PROCESS OF SIGNING NEW LICENSES IN FUTURE - Maintains Outperform and $36 PT Acquire
The company has 53 Million shares outstanding. The award by itself puts a value of more than $12 per share on top of the stock value of $5 as of yesterday. So, $7 a share is not bad at this moment. We should see $17 soon.
COWEN POSITIVE ON VHC, SAYS VHC AWARD FOR INFRINGEMENT SHOULD AID PROCESS OF SIGNING NEW LICENSES IN FUTURE - Maintains Outperform and $36 PT Acquire
The company has 53 Million shares outstanding. The award by itself puts a value of more than $12 per share on top of the stock value of $5 as of yesterday. So, $7 a share is not bad at this moment. We should see $17 soon.
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