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Money Matters
Financial, Stock, Investment etc. posts here. |
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#1 |
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Registered User
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Vringo VRNG
Any of you guys following this one? This company is due in court Oct 16 suing Google for patent infringement. It's expected to increase 10x by either getting bought out by Google or plain winning in court.
http://ragingbull.quote.com/mboard/b...source=message |
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#2 |
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Looks like the pop started today, but did you see the action in SRPT? WOW!!
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#3 | |
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Registered User
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I got a small fortune bet on MNKD doing the same thing in a few months...
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Last edited by RHLP3; 10-03-2012 at 03:26 PM. |
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#4 |
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#5 | |
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Registered User
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If you have been following the recent news regarding "shelf registration" = dilution by issuing more shares of stock - hence the price would go down; some expected the stock to get cut in half on this news - I think it is all up from here - I maintain a "buy" position with a $10.00 price target by Feb 14, 2013.
The good news is that there was not a massive sell off despite the fact that more shares will be issued when/if they need cash to fund operations - e.g. the finish line is in site - only another year to go, and soon results of these clinical trials will be made public confirming the equivalency of the new inhaler - I have Valentines day as my price target - that's the price the shares were at when the FDA turned them down in 2011 (shady backstory) - they still need $10 MM/month to operate and when you are nearly out of cash you better have a plan in place to fund operations - or turn out the lights - AL Mann has nearly one billion of his own money invested, so he is not going to let that happen - bet on the horse...
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#6 | |
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#7 | |
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Registered User
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Up 39% today I got in under 3.
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#8 | |
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Registered User
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I may owe you a steak on the Vrng play.
Sent from my SAMSUNG-SGH-I717 using Bimmer App
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#9 | |
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I have 10k shares of MNKD with a cost basis below $2/share... :beer:
Trying to figure out if I want to look at SSH around $5.50
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Last edited by RHLP3; 06-03-2013 at 11:52 AM. Reason: Additional |
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#10 | |
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Quote:
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#11 |
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Registered User
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Thoughts on TKMR?
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