Seeking Alpha
  • Bill Maurer
    VRNG goes from solid gain to plunging. Now halted. GOOG also trending lower.
    11/6/12
    Reply (19)
    • Revanche: But now back up to nearly $4 in a matter of a handful of minutes.
      11/6/12
    • Leont68: market manipulation. wonder how many stops where triggered?
      11/6/12
    • Bill Maurer: There seem to be some price discrepancies depending on what site you use, because the trade back up seemed to be after the halt...
      11/6/12
    • Noreika: Ha, I can't find the right price either Bill. Oh well, I'll just wait for the verdict. Holding with no stops. Good luck all!!
      11/6/12
    • John Naccarelli: what the !#$% was that w/ no news? I guess you have to be sitting in the courtroom or listening in on the jury.
      11/6/12
    • John Naccarelli: i wouldn't put it past someone to bug that jury room to make a fast million on the options.
      11/6/12
    • Leont68: according to my live feed on trade king its hovering around $3.99
      11/6/12
    • Revanche: Guys...it was a bear raid. Knocked out stops and allowed those in 'the know' to buy back cheaper with additional shares purchased.
      11/6/12
    • Revanche: Probably done because the jury was walking back into their room, so no judgement possible in those minutes to put their attempt at risk.
      11/6/12
    • Leont68: learned something today
      11/6/12
    • John Naccarelli: based on volume, they had to short over 1 million shares to accomplish this.
      11/6/12
    • John Naccarelli: the (sell) volume 2 minutes prior to the halt is about the same as the (buy) volume 2 minutes after the halt was lifted
      11/6/12
    • mwmills301: why the massive fluctuation? any news from the trial?
      11/6/12
    • Revanche: mwmills...look at the posts above your's.
      11/6/12
    • mwmills301: yeah, mine was delayed for review since it was my first, so it was a bit late and seems like I have no clue how to read! :) lol
      11/6/12
    • adawg304: so is $4.25 too high a price to pay now? with the ongoing royalty, seems like a safe bet.
      11/6/12
    • Revanche: They got 3.5% royalties. That's a big win!!
      11/6/12
    • Bill Maurer: Man, should have put a limit order (to buy) at like $3.25 or so. Would have made a killing.
      11/6/12
    • adawg304: Yeah Bill, I was looking yesterday @ 3.50. was too chicken.
      11/6/12