Seeking Alpha

Spherix +64.9% after commenting on Senate bill

  • Spherix (SPEX) notes Sen. Pat Leahy recently removed a hotly-debated bill taking aim at patent trolls from the Judiciary Committee's calendar.
  • Though the tech press is quite unhappy with Leahy's move, Spehix declares it "should remove some of the uncertainty which has been clouding our industry."
  • Spherix's beaten-down shares have soared following its PR. The company's tiny market cap (currently $30.6M) makes sharp swings a common occurrence.
Comments (1)
  • Valuable Insights
    , contributor
    Comments (485) | Send Message
     
    Well worth doing work on $CRDS as well $SPEX. Large IP portfolio and an operating business guided to breakeven.
    27 May 2014, 11:37 AM Reply Like
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