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Kevin Porter

Kevin Porter
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  • Vringo's Brazilian injunction against ZTE upheld [View news story]
    If they don't settle, ZTE will pay much much more.
    They are risking big time with the SDNY.

    The Delaware debacle was HUGE, no one has written an article or anything about it. Not only ZTE failed to inform Federal Judge Sleet of a pending litigation between the parties but they also took a contrary position.
    Judge Sleet (Delaware) and Judge Kaplan (SDNY) commiserated on the happenings. The matter has been transferred to Kaplan (SDNY).

    ZTE lied under oath in the SDNY court so Kaplan warned them about Pennzoil/Texaco (Pennzoil was awarded $7.53 billion in compensatory damages and $3 billion in punitive damages, Texaco filed for bankruptcy), then they go on and mislead the court in Delaware. Think Judge Kaplan is going to like that? Kaplan was concerned about a company acting in bad faith, they are giving him a track record now.

    You can read more here:
    http://bit.ly/1vImAjR
    Mar 26, 2015. 09:22 AM | 4 Likes Like |Link to Comment
  • Vringo's Brazilian injunction against ZTE upheld [View news story]
    yes indeed, excellent entry point for anyone who wants to buy
    Mar 24, 2015. 09:14 AM | 3 Likes Like |Link to Comment
  • Vringo's Brazilian injunction against ZTE upheld [View news story]
    Cash burn was only 2M for the first 2 months and a half of 2015,
    so just 0.8M per month, about 1/3rd the average of 2014.

    At this rate they have 20 months of cash
    Mar 23, 2015. 07:15 PM | 1 Like Like |Link to Comment
  • Vringo's Brazilian injunction against ZTE upheld [View news story]
    Again, did you read their latest report ? I guess not

    2015 cash burn is down very significantly

    the 2014 loss is accounting, a wise accounting move
    Mar 23, 2015. 04:25 PM | 2 Likes Like |Link to Comment
  • Vringo's Brazilian injunction against ZTE upheld [View news story]
    at 0.8M/Month cash burn + Infomedia Stake + deposits VRNG has 20+ months of cash, not in precarious financial situation at all.
    Mar 23, 2015. 03:30 PM | 4 Likes Like |Link to Comment
  • Vringo's Brazilian injunction against ZTE upheld [View news story]
    Kaplan, not Kaplin..

    Stock very undervalued, target at least $2.50 , more than 3 times the current price
    Mar 23, 2015. 03:14 PM | 5 Likes Like |Link to Comment
  • Vringo's Brazilian injunction against ZTE upheld [View news story]
    Very strange stock move indeed. this is definitely good news. I wouldn't be surprised if ZTE was shorting VRNG, they are so unethical in everything they do
    Mar 23, 2015. 03:14 PM | 6 Likes Like |Link to Comment
  • SDRL Buy 9.84 [View instapost]
    rickeespal, I like to be dynamic and be ready for anything. I think SDRL has really good value long term but I could be selling soon too. I don't know, just check the instablogs for my realtime calls if you want to be updated. and yes, ESV is a good company too.
    Mar 20, 2015. 06:00 PM | Likes Like |Link to Comment
  • Vringo up 22% over last two days [View news story]
    It could be pretty fast with a GVR order, a type of order issued on occasion by the Supreme Court, in which the Court grants a petition for certiorari, vacates the decision of the court below, and remands the case back to CAFC.

    SCOTUS already issued more than 1 GVR order because of the TEVA ruling.
    Mar 9, 2015. 12:15 PM | 1 Like Like |Link to Comment
  • Vringo up 22% over last two days [View news story]
    At least $2.25 on a 100-150M ZTE settlement, then all the other big infringers will come into play. Eventual target $4-6.

    I am not assigning any value to the GOOG suit which could be a major surprise on the upside (scotus remand)
    Mar 8, 2015. 09:25 AM | 5 Likes Like |Link to Comment
  • Update: Ditch Vringo On This Pop [View article]
    Actually it's official

    06-Mar-2015 16:00 (Australia)
    Reason: Judgment
    Justice Yates
    Court Room 19D
    Mar 5, 2015. 01:44 PM | 3 Likes Like |Link to Comment
  • Update: Ditch Vringo On This Pop [View article]
    and btw I am the only here posting realtime trades through my Instablogs,
    so I have 101% credibility contrarily to someone else who is just blah blah blah
    Mar 4, 2015. 04:56 PM | 2 Likes Like |Link to Comment
  • Update: Ditch Vringo On This Pop [View article]
    Rick Berger You have proved nothing, it's just your opinion vs mine

    You are officially warned

    Stop immediately your insults or else you will be sued
    Mar 4, 2015. 04:43 PM | 3 Likes Like |Link to Comment
  • Vringo up 22% over last two days [View news story]
    Hi, hope you are fine

    if you are interested, check my instablogs for realtime calls
    Mar 3, 2015. 02:12 PM | 1 Like Like |Link to Comment
  • Update: Ditch Vringo On This Pop [View article]
    $2.25 is just my stock target, I have repeated it 100 times, wake up
    Mar 3, 2015. 01:06 PM | 1 Like Like |Link to Comment
COMMENTS STATS
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