Monday, July 14, 2014

7/14/2014 Market Wrap

News:
RMBS announced that they will release Q2 2014 resuls and hold a conference
call on July 21th, 2014.
Filings:
Nothing to Report
Trading Commentary:
The IP sector closed up a little over half a percent and generally didn't
participate in the broad market move higher today. It was a fairly quiet day
with no news to report.
MARA made a new 52 week high today on above average volume.
MGT continues to trade lower reaching a new 52 week low today on above
average volume.
PRKR rallied again higher after closing up 10% last Friday. Volume was fairly
average on the day.
SPEX closed up 5% on lower than average volume. It appears the stock might
be near a bottom. Has a Markman hearing catalyst on the horizon in October.
Ticker $CHG %CHG  Volume      Closing 
Price
ACTG  $   (0.2200) -1.43%              1,008,800  $                              15.00
BCYP.OB  $      0.0010 0.95%                 238,600  $                           0.1060
CLGL  $   (0.0035) -18.92%                      1,000  $                           0.0150
COPY.OB  $   (0.0100) -3.85%                 329,100  $                           0.2500
CRDS  $          0.02 0.68%                    48,700  $                                2.97
DSS     $        (0.03) -2.13%                 132,300  $                                1.38
EDIG.OB  $      0.0020 4.56%                    64,900  $                           0.0459
ENIP  $   (0.0039) -16.32%                    74,500  $                              0.020
INVT (EONC)  $        (0.17) -7.73%                 444,100  $                                2.03
FNJN.OB  $          0.03 0.73%                    19,900  $                                4.13
IDCC  $          0.58 1.25%                 241,900  $                              47.00
MARA.OB  $          0.22 1.82%                    35,700  $                              12.12
MGT  $        (0.08) -10.26%                 232,600  $                                0.70
NTIP  $          0.02 1.01%                      2,800  $                                2.00
OTIV  $        (0.03) -1.38%                 117,500  $                                2.14
PCO   $        (0.01) -0.58%                 131,500  $                                1.67
PPRO  unch  unch                          500  $                                2.85
PRKR  $          0.04 2.82%              2,358,700  $                                1.47
PTNT  $          0.02 0.67%                    18,800  $                                3.02
RMBS  $          0.12 0.88%                 600,500  $                              14.14
SITO.OB  $   (0.0200) -5.13%                      5,000  $                              0.370
SPEX   $          0.08 5.13%                 481,200  $                                1.64
STRP  $          0.19 1.95%                    56,200  $                                9.94
TIVO  $          0.02 0.10%              1,112,400  $                              13.35
TSRA  $          0.24 1.12%                 162,700  $                              22.07
UPIP  $        (0.01) -0.44%                 188,900  $                                2.15
VHC   $          0.15 0.97%                 194,700  $                              15.61
VRNG  unch  unch              1,643,300  $                                3.50
WDDD.OB  $   (0.0050) -2.70%                          700  $                           0.1800
WILN   $        (0.01) -0.32%                    58,700  $                                3.12

2 comments:

  1. I have been thinking about opening a solid position in SPEX. Are you still as bullish about them as you were a couple months ago?

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    Replies
    1. The dilution has been a killer. I think the risk/reward is becoming compelling again. Markman hearing on the horizon w/ V-Tech & Uniden. Rockstar patents should be very strong in the recently filed cases. Could head lower near term, but it feels like the selling is starting to exhaust itself. Company has been rather quiet as well, which I tend to believe is a good thing.

      I want to see what the Q2 report looks like before evaluating further. BOL

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