RE:RE:BlackBerry (source iAM 23-Sep-2021) More evidence that patents are NOT worthless. Despite all the fear mongering here and the fact that certain mental defectives have sold below book value and are angry about their decision
This is a classic example of the PRICE driving the narrative. "If WiLan's patents are worth zero, then all patents must be worthless, the market is always right"
If WiLan was in the mix on this, it would be acting as a patent risk clearance intermediary. That would in essence generate "subscription" revenue from other parties.
This is typically the domain of RPX. WiLan was always envious of the RPX risk clearance annual subscription model that eliminates the quarterly volatility in earnings.
Anyone else notice all the volume on the ask disappeared. Only 13k to 2.90. Weird. Market maker finally closed out their net short position? 3.56:1 bid vs ask volume. usually signals "go" time.