Why Google Might Be Going to $0

#1

Post by SG90 » Sat, Mar 31, 2012, 10:05 AM UTC

Why Google Might Be Going to $0
techcrunch.com

Re: Why Google Might Be Going to $0

#2

Post by skrebbel » Sat, Mar 31, 2012, 10:43 AM UTC

tl;dr: my friend Ken is a patent troll taking on Google and I think that's just swell.

Re: Why Google Might Be Going to $0

#3

Post by rrrazdan » Sat, Mar 31, 2012, 10:43 AM UTC

So let me get this straight. This guys buys stock in a company that sues Google. And he tells everyone, how certainly they are going to win?

Re: Why Google Might Be Going to $0

#4

Post by ericd » Sat, Mar 31, 2012, 10:46 AM UTC

rrrazdan wrote: post #3

So let me get this straight. This guys buys stock in a company that sues Google. And he tells everyone, how certainly they are going to win?

:-) someone call the SEC!

Re: Why Google Might Be Going to $0

#5

Post by coder42 » Sat, Mar 31, 2012, 10:51 AM UTC

A better title for this article would be "Why Vringo might be going to $0". Seems like a classic stock pumping scheme.

Re: Why Google Might Be Going to $0

#6

Post by [deleted] » Sat, Mar 31, 2012, 10:56 AM UTC

[deleted]

Re: Why Google Might Be Going to $0

#7

Post by ralfd » Sat, Mar 31, 2012, 11:08 AM UTC

skrebbel wrote: post #2

tl;dr: my friend Ken is a patent troll taking on Google and I think that's just swell.

Well, he did patent it first. You could also frame it as the "small inventor who goes against the big coroporation".

That said I had to sigh little bit as I read the author. James Altucher is more a guy who tries to write literature with every article and a common theme in all is his nerdyness (reading books all day, playing Go/Chess all day, never winning the girl, losing the girl) and his failure in the dotcom economy to getting obscenely rich (respectively losing all in the stock crash after.) He sometimes linked on the Freakonomics blog.

Re: Why Google Might Be Going to $0

#8

Post by wojtczyk » Tue, Apr 03, 2012, 12:29 AM UTC

ericd wrote: post #4

rrrazdan wrote: post #3

So let me get this straight. This guys buys stock in a company that sues Google. And he tells everyone, how certainly they are going to win?

:-) someone call the SEC!

Well if he buys stock _after_ publishing the article it is not insider trading.

Re: Why Google Might Be Going to $0

#9

Post by wojtczyk » Tue, Apr 03, 2012, 12:30 AM UTC

coder42 wrote: post #5

A better title for this article would be "Why Vringo might be going to $0". Seems like a classic stock pumping scheme.

Yes and it looks like it worked. You could also see this as an opportunity to get some extra seed funds for your startup.

Re: Why Google Might Be Going to $0

#10

Post by wojtczyk » Tue, Apr 03, 2012, 12:34 AM UTC

Like many others said: this looks like a "stock pumping scheme" and "patent troll" story... nevertheless, I watched VRNG after that article and was amazed by its 87.88% rise today. Just take some money into your hands and make more with this opportunity...

... and of course: sell on time