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Vringo (VRNG +22.7%) is up sharply as the jury deliberating over the Google trial reportedly...

Vringo (VRNG +22.7%) is up sharply as the jury deliberating over the Google trial reportedly asks for instructions on damages. 77.1% of Vringo's float was shorted as of Oct. 15, though that number may have changed significantly since then in light of how volatile Vringo shares have been.
Comments (5)
  • David Calleo
    , contributor
    Comments (76) | Send Message
     
    Here we are again. This is a wild ride for investors. Waiting for the jury is pretty cool. Hope it goes their way...
    5 Nov 2012, 12:47 PM Reply Like
  • vitosoranno1
    , contributor
    Comments (1264) | Send Message
     
    . .WHAT GREAT NEWS!!!!!!!!!!!!!!!!!

     

    The only reason that the jury would be requesting instructions concerning damages is if they have already agreed that Google is guilty of infringing on Vringo's patents. This in itself is highly beneficial for Vringo because it gives this tiny company immense stature because they defeated the behemoth Google.

     

    The number that the jury comes up with will be quite interesting. And the judge has the prerogative to add on to the number as it concerns future royalties, etc. It also opens the door to settlements/lawsuits with other companies that also infringed the patents.

     

    There is little doubt that Google will appeal the jury verdict and that Vringo will appeal Judge Jackson's laches ruling.

     

    As Yogi Berra once said "it ain't over 'til it's over."

     

    But this is a wonderful beginning.
    .
    .
    5 Nov 2012, 02:38 PM Reply Like
  • DougyBook
    , contributor
    Comments (2) | Send Message
     
    Just keep plugin along... on and on we go...where we land no body knows...not yet any way...but very very soon we will all know where we have landed in all of this...hope it's a soft landing in the end.
    5 Nov 2012, 01:51 PM Reply Like
  • David Calleo
    , contributor
    Comments (76) | Send Message
     
    OK Vito, you made some good points. Maybe I will add more in the morning if there is time. Now that we have power, we can get back to trading. Been hard all week without power!!!
    5 Nov 2012, 04:55 PM Reply Like
  • Jack B.
    , contributor
    Comments (33) | Send Message
     
    Nice
    5 Nov 2012, 05:13 PM Reply Like
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