Seeking Alpha

After getting hammered and then halted yesterday (I, II) thanks to an unfavorable ruling on the...

After getting hammered and then halted yesterday (I, II) thanks to an unfavorable ruling on the collection of past damages, Vringo (VRNG +3.5%) is up moderately in early trading. Closing arguments in the Google trial are expected today, after which a jury will deliberate.
Comments (2)
  • DeepValueLover
    , contributor
    Comments (9108) | Send Message
     
    Even a worst case scenario gives VRNG a $20 million revenue stream for the next few years. VRNG is an amazing gift under $2 per share. It is quite obvious.
    1 Nov 2012, 03:52 PM Reply Like
  • Workinprogress
    , contributor
    Comments (27) | Send Message
     
    Penny stocks are a mixed bag. They are ridiculously cheap to buy, but they move very quickly in terms of stock value percentage--the small size of penny stock companies (most notably Vringo itself) makes them unstable.
    2 Nov 2012, 12:03 PM Reply Like
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