@BATMongoose It's quite fuzzy to me. They are going to ask for legal costs back but who know how long that will take along with any possible settlement. With most of the upside removed from this, I'd like to get my money back (at a reasonable valuation) sooner rather than later.
$FNCH $FNCHQ we have a ruling
https://t.co/BBIYXekYo1
No enhanced damages, yes to royalties and yes to interest and supplemental damages. Haven't read through it all yet.
@ZeeContrarian1 I believe we had call vol go up on this rally, would this have anything to do with this? Call vol dropping as we pullback, which shows up as VIX dropping?
@chooserich This is oddly similar to my non-HL journey. Went in for a cough and Dr ordered an X-ray to be safe. Wasn't a tech in my case but the radiologist said it looked normal for infection but signs of lymphoma. Many bad doctors and wrong tests later, I got a diagnosis of non-HL.
$FNCH / $FNCHQ
"Additional Infringement Opportunity: Company has identified a second potential infringement case against another large global corporation β details available under NDA"
Is this new? I donβt remember this but it has dragged on so long that maybe I forgot.
@WallStWary I didn't get as in depth but back of the napkin I was thinking the floor is in the $10-$11 range. I discounted it a little more than you but basically came up with the same ballpark.
@WallStWary@Mike10947310 I have no idea and am in the same position. Annoyed the judge has been sitting on the case this long and hope it doesn't affect the final value here.
@ypunj@Steven_Kiel They filed chapter 11 in Delaware to get out of the lease. I don't know enough to understand what that means but it is being sold on that news.
@steep_slopes@Mike10947310 I guess on the bright side any gains from here should be LT for most people? Even though I have a long time horizon, it would be nice to at least get a hint of something happening. Just been completely silent for months now.
@Mike10947310 So it is SOP but it
(i) also shows Ferring is afraid of losing the next ruling and shows strong commitment to appeal to drag this out (they have time and cash, Finch doesn't).
(ii) might be a way to get $FNCH back to negotiation table for a settlement, otherwise goes until 2027.
@OsborneCoggs There are a lot of different ways to speculate about this, some are okay, some are bad. Not entirely sure I see a good reason to do this right now though if they will be cash flowing in a couple of months.
@NordChud@JasonStrom84409@Carflos223Matos @pjhpompanobeach @VolumeLeaders Not necessarily, could be a sell. If I knew nothing about the stock and just saw the chart, I would lean towards it being a sell since the stock is up like 70% off the bottom, could be profit taking. Just odd that it hit mid-day.
$SOC What was that just all about? Two large blocks, looked like maybe 500k and 300k within the span of about a minute and half. Didn't really move price though. Very abnormal for intraday on this stock. Anyone have time and sales data?
@FriendlyCapMgmt It's mostly been trading with the larger energy sector for a few weeks now, albeit with a higher beta as one should expect for a prerevenue company. Check out OXY though, similar looking chart until today. I agree about today though, relative weakness. See if it becomes a trend.