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VirnetX (VHC -18.8%) is more than giving back yesterday's big gains following a bearish column...

  • Thursday, July 26, 2012, 1:54 PM ET
    VirnetX (VHC -18.8%) is more than giving back yesterday's big gains following a bearish column from SA's Special K. The author suspects VirnetX's recent licensing deals involved trivial payments, doesn't expect Apple and Cisco to settle, and thinks the details of VirnetX's legal victory against Microsoft don't bode well. Moreover, even if VirnetX receives $200M apiece from Apple and Cisco (on par with the Microsoft settlement), that might not be enough to drive shares higher.
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This news story has 3 comments:

  •  
    The author of the bearish column is short the stock. "Self-fulfilling prophecy"?
    26 Jul 2012, 02:00 PM Reply Like
  •  
    To mcheikin.... You're exactly right. But at this rate, we will be a penny stock by next week.
    26 Jul 2012, 07:15 PM Reply Like
  •  
    The author (Special K) is a research analyst for a value oriented hedgefund so if u do the math Special K stands for SPECIAL KICKBACK. I'm sure the hedgefund he works for shorted VHC and when the stock hit new highs they panicked n needed the stock to plunge so u get an unknown author to publicize a negative article n there u have it! Panic shareholders stampede to the exit without analyzing the BS in the story.
    27 Jul 2012, 02:02 AM Reply Like
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