Post by
swingtradeeeeee on Mar 19, 2024 10:14am
Wilan
Quarterhill sold the cash cow, got left with the debenture debt. Wilan skipped away leaving there shareholders (95% retail investors) who originally invested in a patent litigation company with a show me story in road tolling worth 2 dollars a share.
Comment by
Socrates1 on Mar 19, 2024 10:32am
You are HALF right............WILAN was a distraction and is water under the bridge -10%. If one needs to call an entity getting paid every two years or so a cash cow than ok good luck investing.......
Comment by
swingtradeeeeee on Mar 19, 2024 2:03pm
The risk tolerance of of those investing in a patent litigation company (that actually made money and paid a dividend) is just a distraction from the reality of being sold down river while under water with a large weight tied to their leg. Someone's clinking the glasses but existing shareholders are left to hope and wait. The Ownership tab up is up to the right
Comment by
swingtradeeeeee on Mar 19, 2024 4:13pm
If this is the best they could do so be it but 2.50 a share isn't much to hope for. Risk reward here is disappointing.
Comment by
Maxmoe on Mar 20, 2024 3:35am
You can always go back to swing trading oee. Oh, wait, maybe not. 0 volatility at least.
Comment by
swingtradeeeeee on Mar 20, 2024 8:22am
Sure hope this doesn't end up in the dumpster like Memex. If the 200 day holds might be worth a shot. Hopefully they can get out of the ditch and back on the road financially (-57c a share 2023) it might be hard though saddled with wilan's ex shareholders and debt. But who am I to say. I thought Memex would make it!
Comment by
swingtradeeeeee on Mar 20, 2024 9:18am
Not that I've given up on Memex yet. Even though I'm a realist I'm still an optimist. It's only money. It can sometimes go in the capital loss column. Hay, if I can get enough in the capital loss column I could run for president!