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lovingbend

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  • William Blair sees Mitek (MITK) being forced to settle an intellectual property lawsuit filed against it by USAA due to the high costs of a long legal battle. Analysts with the firm see more downside volatility, but keep an Outperform rating on the company on the strength of its sound technology. Shares of MITK -2.5% premarket. [View news story]
    It seems to me that the lawsuit throws the "sound technology" into question given that Mitek's patents seem to be getting challenged. Aren't those 3 latest patents key to how well they will perform? Could be more than a little downside to this one.
    Apr 4, 2012. 04:27 AM | Likes Like |Link to Comment
  • XcelMobility Inc. (XCLL) Announces Contract With ZTE To Introduce Wireless Products To Chinese Marketplace [View instapost]
    better read their financials... could be broke by June.
    Apr 4, 2012. 04:27 AM | Likes Like |Link to Comment
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