Wednesday, May 28, 2014

5/28/2014 Market Wrap

News:
CLGL announced they will be presenting at the LD
Micro conference on June 4th.
Filings:
Nothing to Report
Trading Commentary:
The IP investment sector closed up a little over .6%, outperforming
the broad markets, which closed red for the day.
ACTG closed up 2.5% on average volume after presenting at Cowen & 
signing an agreement with RPX.
CRDS closed up 6% on above average volume. I am aware of no news to 
drive the move other than some comments on twitter.
FNJN closed up 11.5% on 3X+ average volume. I don't see any news to
substantiate the move.
PRKR continues to rally, closing over $5 after yesterday's bullish article.
SPEX again saw very high volume of 31.2M shares, which is almost 3X the 
current O/S and 5M shares over the fully diluted share count.  Shares closed
up 16.5%
VRNG closed down 3% on 2X average volume. During the late afternoon
an article was published on seekingalpha.  My opinion is the article is 
clickbait nonsense that is not anywhere near reality. Linking the article on
my blog would be an insult to my readership's intelligence.
Ticker $CHG %CHG  Volume      Closing 
Price
ACTG  $          0.39 2.46%                483,200  $                       16.28
BCYP.OB  $      0.0149 16.56%                410,000  $                       0.105
CLGL  $      0.0020 10.00%                175,000  $                     0.0220
COPY.OB  $   (0.0225) -7.44%                164,100  $                     0.2800
CRDS  $          0.14 6.01%                151,200  $                          2.47
DSS     $        (0.04) -2.78%                356,600  $                          1.40
EDIG.OB  $   (0.0048) -9.62%                  54,800  $                     0.0451
ENIP  $      0.0019 4.03%                202,800  $                       0.049
EONC  $        (0.29) -7.57%                108,800  $                          3.54
FNJN.OB  $          0.55 11.58%                  55,400  $                          5.25
IDCC  unch  unch                280,000  $                       37.92
MARA.OB  $        (0.08) -0.87%                  21,000  $                          9.12
MGT  $          0.01 0.78%                  22,100  $                          1.29
NTIP  $        (0.07) -3.89%                556,800  $                          1.73
OTIV  $        (0.05) -2.04%                  26,900  $                          2.40
PCO   $          0.02 1.21%                289,400  $                          1.67
PPRO  $        (0.03) -0.94%                     2,800  $                          3.17
PRKR  $          0.20 4.05%            1,037,200  $                          5.14
PTNT  unch  unch                        500  $                          3.25
RMBS  $        (0.02) -0.17%                644,800  $                       11.95
SITO.OB  $   (0.0400) -9.52%                  30,100  $                       0.380
SPEX   $          0.49 16.50%          31,149,300  $                          3.46
STRP  $          0.16 1.68%                106,300  $                          9.66
TIVO  $        (0.27) -2.20%            1,410,500  $                       11.99
TSRA  $        (0.16) -0.70%                444,200  $                       22.81
UPIP  $          0.03 1.40%                292,600  $                          2.17
VHC   $          0.42 2.75%                391,300  $                       15.70
VRNG  $        (0.11) -3.23%            3,946,300  $                          3.30
WDDD.OB  $      0.0010 0.75%                121,800  $                     0.1350
WILN   unch  unch                  82,600  $                          3.13

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