Monday, June 30, 2014

6/30/2014 Market Wrap

News:
Finjan (FNJN) filed a new round of litigation against Symantec
Filings:
Nothing to Report
Trading Commentary:
Volume was rather light in the sector to wrap up the first half of 2014.  The
sector closed slightly positive today.
ACTG was fairly strong all day after they disclosed a settlement agreement
with Huawei this morning.
IDCC had a nice reversal from early losses in the morning closing up another
1% on light volume.
Ticker $CHG %CHG  Volume      Closing 
Price
ACTG  $      0.6300 3.68%                 373,100  $                             17.75
BCYP.OB  $      0.0003 0.30%                 277,000  $                           0.1003
CLGL  $      0.0010 5.71%                 200,000  $                           0.0185
COPY.OB  $   (0.0050) -1.64%                 103,300  $                           0.3000
CRDS  $        (0.08) -2.33%                 226,500  $                               3.35
DSS     $        (0.01) -0.72%                    70,500  $                               1.37
EDIG.OB  $      0.0011 2.75%                 421,200  $                           0.0411
ENIP  $   (0.0055) -18.09%                 104,600  $                             0.025
INVT (EONC)  $          0.05 1.82%                 106,200  $                               2.80
FNJN.OB  $        (0.13) -3.06%                    13,600  $                               4.12
IDCC  $          0.49 1.04%                 357,800  $                             47.80
MARA.OB  unch  unch                    12,700  $                             11.10
MGT  $        (0.06) -5.41%                    77,200  $                               1.05
NTIP  $          0.03 1.49%                    46,500  $                               2.04
OTIV  $        (0.05) -2.06%                    93,100  $                               2.38
PCO   $          0.07 4.17%                 296,500  $                               1.75
PPRO  $        (0.05) -1.61%                    35,200  $                               3.05
PRKR  $        (0.02) -1.32%              2,664,200  $                               1.50
PTNT  $        (0.08) -2.52%                          300  $                               3.10
RMBS  $          0.01 0.07%                 774,400  $                             14.30
SITO.OB  $   (0.0190) -4.76%                    25,800  $                             0.380
SPEX   $        (0.03) -1.65%                 412,800  $                               1.79
STRP  $        (0.01) -0.10%                 157,500  $                             10.20
TIVO  $        (0.02) -0.16%              1,314,100  $                             12.91
TSRA  $          0.39 1.80%                 209,100  $                             22.08
UPIP  $          0.02 0.70%                 249,800  $                               2.22
VHC   $        (0.37) -2.06%                 733,000  $                             17.61
VRNG  $          0.02 0.59%                 967,200  $                               3.42
WDDD.OB  $      0.0095 4.75%                 749,800  $                           0.2095
WILN   $        (0.01) -0.32%                    57,600  $                               3.12

6/30/2014 PIPCO Pre-Market News

Acacia (ACTG) filed an 8k last night disclosing a settlement with Huawei under its Smartphone Technologies LLC subsidiary.

CopyTele (COPY) announced they have acquired a new patent portfolio that covers auction website technologies.


Worlds Inc (WDDD) announced that a Markman hearing has been set for October 3rd 2014 in Massachusetts against Activision.

Not a news related item, but today is the last day for H. Radar at the CAFC today.  There are strong opinions that a decision on the Virnetx v Apple appeal could come today.  I am on high alert and will have live coverage of the opinion shortly after it is released.  We will see if it is released today.

Saturday, June 21, 2014

Total PIPCO Value 06/20/2014

Ticker  Shares   Market 
Closing Price  Outstanding   Value 
6/20/2014 6/20/2014 6/20/2014
ACTG  $               16.94       50,062,790  $     848,063,663
BCYP.OB  $               0.109     210,636,895  $       22,959,422
CLGL  $             0.0195  3,340,000,000  $       65,130,000
COPY.OB  $             0.3100     220,392,190  $       68,321,579
CRDS  $                  3.09       15,045,049  $       46,489,201
DSS     $                  1.40       49,503,954  $       69,305,536
EDIG.OB  $             0.0400     293,328,330  $       11,733,133
ENIP  $               0.030       44,070,062  $        1,330,916
EONC (INVT)  $                  2.96       27,136,356  $       80,323,614
FNJN.OB  $                  4.32 22,368,453  $       96,631,717
IDCC  $               47.53 40,453,401  $  1,922,750,150
MARA.OB  $                  9.95 5,489,593  $       54,621,450
MGT  $                  1.14 9,139,603  $       10,419,147
NTIP  $                  1.95       25,757,982  $       50,228,065
OTIV  $                  2.49       33,148,367  $       82,539,434
PCO   $                  1.69     265,940,686  $     449,439,759
PPRO  $                  3.10 20,741,572  $       64,298,873
PRKR  $                  2.01 96,718,039  $     194,403,258
PTNT  $                  3.16 7,751,952  $       24,496,168
RMBS  $               14.69 113,744,776  $  1,670,910,759
SITO.OB  $               0.425 142,728,628  $       60,659,667
SPEX   $                  1.82       35,858,940  $       65,263,271
STRP  $                  9.96       11,795,097  $     117,479,166
TIVO  $               12.52     120,691,616  $  1,511,059,032
TSRA  $               22.47       53,463,550  $  1,201,325,969
UPIP  $                  2.26     110,437,198  $     249,588,067
VHC   $               16.23       51,518,767  $     836,149,588
VRNG  $                  3.33       86,531,094  $     288,148,543
WDDD.OB  $             0.1930       95,004,838  $       18,335,934
WILN   $                  3.08     120,260,260  $     370,401,601
 Total =   $10,552,806,683
6/13/2014  $10,506,754,378
 Weekly Change   $       46,052,304

Friday, June 20, 2014

6/20/2014 Market Wrap

News:
Nothing to Report
Filings:
MGT filed an 8K disclosing a vote to amend the company's by-laws to meet
certain procedures relating to gaming regulatory compliance matters.
Trading Commentary:
The sector closed a little off .5% while the overall markets had a slightly green
day.  There was significant volume in a couple names, which might have to do
with indices adjusting their holdings.
VHC saw 3X average volume and a number of reverse conversions throughout
the day.  There is no news driving the volume.  A CAFC decision on the case
against Apple is still pending.
VRNG closed down 5% after announcing a warrant agreement with three
institutional holders.  I provided my own commentary on the transaction that
can be found here.
Ticker $CHG %CHG  Volume      Closing 
Price
ACTG  $      0.1150 0.0068                 363,500  $                             16.94
BCYP.OB  $   (0.0010) -0.91%                 592,600  $                             0.109
CLGL  unch  unch                 200,000  $                           0.0195
COPY.OB  unch  unch                    25,300  $                           0.3100
CRDS  $          0.12 4.04%                 285,300  $                               3.09
DSS     $        (0.05) -3.45%                 220,900  $                               1.40
EDIG.OB  $   (0.0040) -9.09%              1,041,000  $                           0.0400
ENIP  $   (0.0077) -20.32%                 211,800  $                             0.030
INVT (EONC)  $        (0.07) -2.31%                 162,400  $                               2.96
FNJN.OB  $        (0.98) -18.49%                    99,200  $                               4.32
IDCC  $          0.80 1.71%                 654,700  $                             47.53
MARA.OB  $          0.15 1.53%                    29,000  $                               9.95
MGT  $        (0.04) -3.39%                    44,500  $                               1.14
NTIP  $        (0.02) -1.02%                    17,400  $                               1.95
OTIV  $        (0.15) -5.68%                 187,100  $                               2.49
PCO   $        (0.01) -0.59%                 634,000  $                               1.69
PPRO  unch  unch                      2,500  $                               3.10
PRKR  $          0.05 1.01%                 583,400  $                               2.01
PTNT  $        (0.06) -1.86%                    15,500  $                               3.16
RMBS  $          0.04 0.27%              1,239,700  $                             14.69
SITO.OB  $      0.0450 11.84%                    79,000  $                             0.425
SPEX   $        (0.06) -3.19%              1,092,000  $                               1.82
STRP  $        (0.39) -3.77%                 317,900  $                               9.96
TIVO  $        (0.06) -0.48%              1,857,500  $                             12.52
TSRA  $          0.01 0.02%                 354,200  $                             22.47
UPIP  $        (0.01) -0.44%                 609,800  $                               2.26
VHC   $        (0.45) -2.70%              1,807,800  $                             16.23
VRNG  $        (0.18) -5.13%              2,826,700  $                               3.33
WDDD.OB  $      0.0050 2.66%                    76,700  $                           0.1930
WILN   $        (0.05) -1.60%                 201,700  $                               3.08