Vringo Inc. Wt VRNG.WS

Potential settlement = big gain

[Trout080]

Recommending truly speculative company shares on Stockhouse is sometimes not for the fainthearted, and maybe even for the foolish. If Vringo is the beneficiary of a large settlement on a patent infringement case against Google starting in October, then your small flyer just might soar. I'm making a little bet on them, and so is James Altucher, who knows a heck of a lot more than me:

https://finance.yahoo.com/news/corrected-altucher-continues-believe-google-125301901.html

Here's one to watch, perhaps to have a bit of fun, and maybe, if we're really lucky, make a bit of cash.

[trader2day]

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

[SVP]

I've been in since April, at 2.17, only wish I'd gotten in sooner. Have been buying and selling along the way, but generally increasing holdings. Very happy to see the $45M cash infusion, which brings the reward/risk ratio up considerably.