Thursday, May 22, 2014

5/22/2014 Market Wrap

News:
TIVO reported Q1 2014 results after the close beating expectation.
Shares are up 4.5% in AH trading.
Filings:
Nothing to Report
Trading Commentary:
The sector traded up almost 2.5% in a flat broad market mostly due
to the IDCC news last night and early this morning closing up 6%.
DSS traded up 9.5% on strong volume likely due to a seekingalpha article
that was published last night.  I posted some comments on the article,
which I thought was mostly nonsense. I expect shares to head lower
as the momentum players move on. Until the stay is lifted in the Bascom 
case, I think an investment is tough and there are better options for new
money.
MGT shares closed flat on average volume after being down close to 4%
in early trading. A Form 4 was filed by the CFO with a purchase of 7,000
shares in the open market.
VHC shares were strong almost all day on average volume. The company
held its annual shareholder meeting, which I heard went well. There 
should be detailed reports later tonight or tomorrow. A handful have
already been posted on investorvillage.com
VRNG shares spiked on volume after Dan Ravicher published a tweet
with a document filed by VRNG to the CAFC in regards to the recent
decision on Laches by SCOTUS.
Ticker $CHG %CHG  Volume      Closing 
Price
ACTG  $        (0.15) -1.00%             310,900  $                   14.87
BCYP.OB  $   (0.0068) -6.80%             209,800  $                   0.093
CLGL  $      0.0027 15.43%                10,000  $                 0.0202
COPY.OB  $      0.0120 4.17%                76,800  $                 0.3000
CRDS  $          0.03 1.45%                54,600  $                      2.10
DSS     $          0.11 9.48%             403,000  $                      1.27
EDIG.OB  $      0.0003 0.67%             226,500  $                 0.0449
ENIP  $   (0.0056) -10.77%             106,300  $                   0.046
EONC  $          0.16 4.68%             262,200  $                      3.58
FNJN.OB  $        (0.05) -1.02%                  7,200  $                      4.85
IDCC  $          2.14 6.09%             831,600  $                   37.26
MARA.OB  $          0.35 4.32%                17,400  $                      8.45
MGT  $        (0.01) -0.78%                57,800  $                      1.28
NTIP  unch  unch  N/A   $                      1.52
OTIV  $          0.10 4.63%                90,500  $                      2.26
PCO   unch  unch             321,600  $                      1.55
PPRO  $        (0.18) -5.17%                  2,500  $                      3.30
PRKR  $          0.25 5.57%             687,400  $                      4.74
PTNT  $        (0.03) -1.02%                  7,300  $                      3.30
RMBS  $          0.18 1.58%             589,100  $                   11.56
SITO.OB  $   (0.0200) -4.76%                24,000  $                   0.400
SPEX   $        (0.10) -6.71%             725,200  $                      1.39
STRP  $        (0.04) -0.43%                24,800  $                      9.32
TIVO  $          0.18 1.53%          1,405,400  $                   11.93
TSRA  $          0.09 0.41%             376,400  $                   22.13
UPIP  $          0.15 7.25%             926,200  $                      2.22
VHC   $          0.31 2.18%             311,500  $                   14.52
VRNG  $          0.11 3.58%          2,983,400  $                      3.18
WDDD.OB  $      0.0150 11.11%                78,100  $                 0.1500
WILN   unch  unch                45,100  $                      3.01

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