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VirnetX (VHC +10.9%) closes with a big gain after Gilford Securities starts coverage with a Buy...
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Tuesday, May 29, 2012, 4:04 PM ETVirnetX (VHC +10.9%) closes with a big gain after Gilford Securities starts coverage with a Buy and $65 PT (nearly twice VirnetX's current price). The firm expects VirnetX's encryption IP, currently the subject of a patent infringement suit filed against Apple, Cisco, and others, will result in licensing deals with 4G hardware vendors. SA's J.P. Maven recently took a look at key upcoming dates related to VirnetX's legal disputes.
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