RLI: Thanks for that information. Having a few spare moments to dedicate to watching VLNC's growing volume, and then using those moments to contemplate my navel over what this volume could mean I have come to this.
The short position has had its final logical legs cut out from under it with this Telecordia agreement. At least to the extent all lith-poly patent roads converge and now run through the VLNC "crossroads." So although there's still time remaining because VLNC must now put closure to the licensee issue, end game from the short standpoint needs to be considered and probably implemented. But because there's still a few months time left, end-game from their vantage point can be completed in a panic free fashion. Soooooo.....all else being equal I wouldn't be surprised to see average daily volume increase in size, with the price floating up some days and briefly nailed down on others, but with a positive bias for an indeterminate amount of time into the future. If this happens then I'd also look to see the size of the short position to begin to dwindle month over month.
Bottom line? Although there's still that outside chance the more emotionally committed of the shorts will hang to the bitter end, the odds are this short position won't be the "rocket boost" others have hoped. BUT. If this is the case this still isn't a bad thing. Indeed, it might be a BETTER thing, as at the least it supports a VLNC valuation right around where it is now, and at its best it'll provide a constant, over-all positive pressure to the stock price going forward. So after all this time it looks to have come down to this. In every war there comes a decisive moment, which swings the balance in favor of one side or another. Looking back a year from now we just might find the Telecordia agreement was just such a decisive event, with it swinging the balance to the longs camp.
And of course this is barring any further general market mischief to roil the waters, or any competitive advances which might negate the Telecordia advantage......
Thoughts on this folks??
John~ |
