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Vringo Inc. Wt VRNG.WS

Industrials Business Services


NYSEAM:VRNG.WS - Post by User

Vringo Inc. Wt > Potential settlement = big gain
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Comment by trader2dayon Oct 05, 2012 9:19am
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Post# 20451825

RE: Potential settlement = big gain

RE: Potential settlement = big gain

The VRNG market valuation is now at 305 million this has surpassed what some thought would be a 80 million market valuation.

Google made 68 Billion off the use of the patent in business profit.

If VRNG / Lycos is even awarded 1 Billion that market valuation in share price will rise to $20 and maybe they will be awarded 2 Billion which is $40 share price. Hard to know what the price peek will be for VRNG when all the dust has settled in this court case.

This is my own opinion and i do not own shares in VRNG .. Yet anyways

Former owner of VRNG shares sold at 1.25 for profit.. kicking myself now for not holding on to those shares. Live and learn as we invest i guess.

 

 

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