VIRNETX, The Ultimate Story Stock
- Posted by ZorTrades
- on December 7th, 2011
Virnetx is the ultimate story stock loved by many who believe that certain $AAPL products are violating one of their patents. Their hopes hangs high because $VHC won a lawsuit years ago and was awarded $200 million by Microsoft. This SeekingAlpha explains the situation–VHC VS. AAPL.
The bottom line is; the stock is close to breaking out ($24), the stock has a history of making big moves and with 30% of the float is short, a move through 24 could ignite a short squeeze.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Frank Zorrilla is the founder and chief investment officer of Zor Capital LLC.He began his Wall Street career 10 days after his 20th birthday when he became a Series 7 licensed stock broker. More »
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