Where are all the $3+ predictions now? The stock is up a whole dime since the financials pre announcement. It was already priced in.
Now the focus turns to jettisoning the WiLan unit and the shrinking margin ITS story.
Today was the fourth attempt at taking out the 200DMA. Unfortunately each attempt was with less demand. Today is only 80K shares traded. The first attempt had over 1 million shares. And those people that bought that day are all underwater. Even more people to compete with who are trying to get out without taking a loss.
The company burns 0.08 / share in net income each quarter where there is no major settlement. Will only take one year to burn through the gains from the final major WiLan settlement.
They burned through the Viziya book value gains in three quarters.