VRNG Company info 08/16/2014 13:24:31 $VRNG
I'm down about the same and feel similar.
http://seekingalpha.com/article/2428915-vring...sus-google
It was kind of strange to see JJ so quiet recently, now we know why, so it wasn't your GF taking up all of your time like you mentioned earlier.
In the meantime, I recommend you take advantage of the coming free fall to average down.
Congrats on the bail out JJ!
20k lost but as strange as it sounds glad to be out of this
Check their filings in 3 months, it wont look so pretty then!
did you really think vrng had any chance of winning? lol. joke
Right - another confirmation of NO REAL REVENUES!
No, I am not short. I just have a grasp for the obvious shortcomings of the company. First & Foremost, I would NEVER have paid $3 for a stock with a true share value in the .025 - .55 range. PLUS, I see SERIOUS issues with this company's FUTURE revenues. I hope they can show revenues from something other than lawsuits.
VRNG still received several search patents from the Microsoft deal so all was not lost on that deal.
RD,
I hope you didn't go short on Friday after the news. The bottom has already been put in at $.67; next week we will start trending up to the $1.40-$1.60 range while we wait for news. If news or updates hit, then bumping up against $2.00/share is not out of the question. You sound like someone desperate. If someone was short VRNG from the $3.00 range and is still holding, then they are hyper-greedy, and a bit unwise, and deserve to lose some money when the share price heads up. I suspect the wise, savvy shorts have covered or will be covering en masse on Monday. They made a ton of money; sticking around here for a few more pennies is hardly worth their time, especially with the upside potential of the stock at these levels. Again, if you went short Friday after the news, have fun with that.
Tink
Yes, that's a GOOD idea. Current Technology makes old patents antiquated. IMO they are worthless. That is why Nokia sold them. Hint Hint
Don't forget VRNG still has a law suit against Asus. Also, most likely if ZTE settles then the next companies to go after could be Huawei or HTC.
Two thoughts
2)VRNG legal team never put a foot wrong.. throughout the past 2 years they have done nothing but win.. so they lost the big one and yes that bites hard.. but that doesn't mean the legal team is any less proficient at what they do .. if anything it points to some serious failings in the US Legal system.
3) VRNG locked in a cash and patents deal with MSFT on patents which were ruled to be invalid.. (not a bad score for some so called invalid patents)
Quote:
2)Laches blindside was a bad move, not arguing against laches when they had their chance.
3)Microsoft payment is a percentage of what Google pays. Right now google is paying zero. Microsoft pays a percentage of zero which will always be zero.
ok its time to look at the positives..
1) VRNG share price is currently lower than the avg price pre merger with innovate and protect... that is back when it was a video ringtones software company that was losing money and didn't have a huge warchest of patents.
2) VRNG legal team never put a foot wrong.. throughout the past 2 years they have done nothing but win.. so they lost the big one and yes that bites hard.. but that doesn't mean the legal team is any less proficient at what they do .. if anything it points to some serious failings in the US Legal system.
3) VRNG locked in a cash and patents deal with MSFT on patents which were ruled to be invalid.. (not a bad score for some so called invalid patents)
4) VRNG still hase a huge box of Nokia patents... not software related and not so obvious and therefore not likely to be subject to the same fate as the IP Engine patents.
5)If VRNG does not take this to the supremes then cash burn will be reduced dramatically.. if they do then some limited faith will be restored in the stock.
so to me at 88c the stock looks oversold... does that mean it can recover some of its lost ground? well that depends on the shorts.
but that being said, shorts really don't have much reason to stick around now because they already hit the jackpot on the big binary event... and there really aren't any other binary events that can go against vrng that are of the same magnitude.
so i'm going to go out on a limb here and call bottom somewhere around 60-80c
given that we still have 30+ million in the bank and the 1 billion plus royalties from goog were never factored in to the share price I'm going to split the baby and say we should be looking at a price target of between 1.20-1.50 per share which is in line with what some others have suggested.
SQ COMING TO VRNG.... WATCH FOR NEW$$$$$
Yeah, Smart Money, I agree.
There's just too much fiction and nonsense being tossed around. Which is pretty disappointing since real people have lost a lot of money on VRNG this past week.
Inventors can't patent wireless communications as they apply to the standards?
Yet companies like Qualcomm, InterDigital, Nokia, Ericsson, etc. have been collecting billions of dollars in revenues from wireless patents since the 1980s!!!
Click, poof, gone. I won't be responding to trolls anymore.
$1.20-1.50
LOVE THE CLOSE ON FRIDAY, AND EVEN MORE SO A/H
SHOWING MUCH STRENGTH THAT .67 WAS BOTTOM, AND ANYTHING UNDER A BUCK IS A NOW BRAINER!!
GET READY TO AVG UP ON YOUR SHORT POSITION/PUTS
I'm down about the same and feel similar.
http://seekingalpha.com/article/2428915-vring...sus-google
It was kind of strange to see JJ so quiet recently, now we know why, so it wasn't your GF taking up all of your time like you mentioned earlier.
In the meantime, I recommend you take advantage of the coming free fall to average down.
Congrats on the bail out JJ!
20k lost but as strange as it sounds glad to be out of this
Check their filings in 3 months, it wont look so pretty then!
did you really think vrng had any chance of winning? lol. joke
Right - another confirmation of NO REAL REVENUES!
No, I am not short. I just have a grasp for the obvious shortcomings of the company. First & Foremost, I would NEVER have paid $3 for a stock with a true share value in the .025 - .55 range. PLUS, I see SERIOUS issues with this company's FUTURE revenues. I hope they can show revenues from something other than lawsuits.
VRNG still received several search patents from the Microsoft deal so all was not lost on that deal.
RD,
I hope you didn't go short on Friday after the news. The bottom has already been put in at $.67; next week we will start trending up to the $1.40-$1.60 range while we wait for news. If news or updates hit, then bumping up against $2.00/share is not out of the question. You sound like someone desperate. If someone was short VRNG from the $3.00 range and is still holding, then they are hyper-greedy, and a bit unwise, and deserve to lose some money when the share price heads up. I suspect the wise, savvy shorts have covered or will be covering en masse on Monday. They made a ton of money; sticking around here for a few more pennies is hardly worth their time, especially with the upside potential of the stock at these levels. Again, if you went short Friday after the news, have fun with that.
Tink
Yes, that's a GOOD idea. Current Technology makes old patents antiquated. IMO they are worthless. That is why Nokia sold them. Hint Hint
Don't forget VRNG still has a law suit against Asus. Also, most likely if ZTE settles then the next companies to go after could be Huawei or HTC.
Two thoughts
2)VRNG legal team never put a foot wrong.. throughout the past 2 years they have done nothing but win.. so they lost the big one and yes that bites hard.. but that doesn't mean the legal team is any less proficient at what they do .. if anything it points to some serious failings in the US Legal system.
3) VRNG locked in a cash and patents deal with MSFT on patents which were ruled to be invalid.. (not a bad score for some so called invalid patents)
Quote:
2)Laches blindside was a bad move, not arguing against laches when they had their chance.
3)Microsoft payment is a percentage of what Google pays. Right now google is paying zero. Microsoft pays a percentage of zero which will always be zero.
ok its time to look at the positives..
1) VRNG share price is currently lower than the avg price pre merger with innovate and protect... that is back when it was a video ringtones software company that was losing money and didn't have a huge warchest of patents.
2) VRNG legal team never put a foot wrong.. throughout the past 2 years they have done nothing but win.. so they lost the big one and yes that bites hard.. but that doesn't mean the legal team is any less proficient at what they do .. if anything it points to some serious failings in the US Legal system.
3) VRNG locked in a cash and patents deal with MSFT on patents which were ruled to be invalid.. (not a bad score for some so called invalid patents)
4) VRNG still hase a huge box of Nokia patents... not software related and not so obvious and therefore not likely to be subject to the same fate as the IP Engine patents.
5)If VRNG does not take this to the supremes then cash burn will be reduced dramatically.. if they do then some limited faith will be restored in the stock.
so to me at 88c the stock looks oversold... does that mean it can recover some of its lost ground? well that depends on the shorts.
but that being said, shorts really don't have much reason to stick around now because they already hit the jackpot on the big binary event... and there really aren't any other binary events that can go against vrng that are of the same magnitude.
so i'm going to go out on a limb here and call bottom somewhere around 60-80c
given that we still have 30+ million in the bank and the 1 billion plus royalties from goog were never factored in to the share price I'm going to split the baby and say we should be looking at a price target of between 1.20-1.50 per share which is in line with what some others have suggested.
SQ COMING TO VRNG.... WATCH FOR NEW$$$$$
Yeah, Smart Money, I agree.
There's just too much fiction and nonsense being tossed around. Which is pretty disappointing since real people have lost a lot of money on VRNG this past week.
Inventors can't patent wireless communications as they apply to the standards?
Yet companies like Qualcomm, InterDigital, Nokia, Ericsson, etc. have been collecting billions of dollars in revenues from wireless patents since the 1980s!!!
Click, poof, gone. I won't be responding to trolls anymore.
$1.20-1.50
LOVE THE CLOSE ON FRIDAY, AND EVEN MORE SO A/H
SHOWING MUCH STRENGTH THAT .67 WAS BOTTOM, AND ANYTHING UNDER A BUCK IS A NOW BRAINER!!
GET READY TO AVG UP ON YOUR SHORT POSITION/PUTS
