VZ Verizon Communications Options Ahead of EarningsAnalyzing the options chain and the chart patterns of VZ Verizon Communications prior to the earnings report this week,
I would consider purchasing the 44usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $1.23.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Verizon
VZ - Strong Bounce WeeklyPrice has bounced off a nice Weekly support and is looking for more
I have plotted a bars pattern in green showing how I think price will rise to the upper trend line also in green.
The support level was previously a resistance point but has flipped, which can be seen in the green circles.
Bullish on this Weekly timeframe.
AST SpaceMobile Shares Surge 55% on Partnership With Verizon AST SpaceMobile ( NASDAQ:ASTS ) shares have surged more than 50% on Wednesday, reaching their highest level since November 2022. The satellite communication company announced a new direct-to-cellular tie-up with Verizon Communications, which allows it to target 100% coverage of the continental United States from space on premium 850 MHz cellular spectrum. Verizon is committing $100 million to the partnership. Earlier this month, AST SpaceMobile ( NASDAQ:ASTS ) and AT&T announced a deal to deliver space-based broadband network direct to cell phones.
The latest partnership deal "will enhance cellular connectivity in the United States, essentially eliminating dead zones and empowering remote areas of the country with space-based connectivity," said Abel Avellan, founder, chairman, and CEO of AST SpaceMobile ( NASDAQ:ASTS ). AST SpaceMobile ( NASDAQ:ASTS ) has also received financial backing from AT&T, Alphabet-owned Google (GOOGL.O), and Vodafone Group (VOD.L).
Verizon is getting another satellite partner as it ups its efforts to blanket the US with coverage. On Wednesday, AST SpaceMobile ( NASDAQ:ASTS ) announced that it has reached a "strategic partnership" with Verizon that includes a $100 million commitment from the carrier. The deal will enable it to "target 100% coverage of the continental United States on premium 850MHz spectrum" with the partnership "essentially eliminating dead zones and empowering remote areas of the country with space-based connectivity."
Space-based connectivity has become an increasing focus area for wireless companies as they look to fill in gaps in their coverage that traditional, land-based cell towers can't cover. In addition to AST SpaceMobile's work with AT&T, Verizon was previously discussing satellite connectivity with Amazon's Project Kuiper and T-Mobile has announced a similar deal with SpaceX's Starlink.
Both AT&T and T-Mobile have similarly talked about how users won't need to upgrade their devices to be able to connect to the satellites, though no carrier has specified if they will need to pay more for the feature or be on special plans to use the space-based connectivity.
AST SpaceMobile ( NASDAQ:ASTS ) has already demonstrated test calls from space using a Galaxy S22 and AT&T's network and plans to deliver its first five commercial satellites to the launch pad in July or August of this year, with plans to begin its initial operations at some point in 2025.
Technical Outlook
AST SpaceMobile ( NASDAQ:ASTS ) stock is up 55.6% as of the time of writing. AST SpaceMobile ( NASDAQ:ASTS ) stock has a Relative Strength Index (RSI) of 83.77 which is largely overbought. Traders ought to be cautious of a trend reversal in the short term. The daily price chart depicts a long "Bullish Harami" candle stick pattern.
Verizon ($VZ) Earns $100M Contract With The State of MichiganT-Mobile and Verizon Communications ( NYSE:VZ ) are in talks to buy parts of United States Cellular for over $2 billion, according to the Wall Street Journal. Shares of the regional wireless carrier jumped 8.6% to $39.08. T-Mobile is close on a deal to buy a chunk of U.S. Cellular for more than $2 billion, taking over some operations and wireless spectrum licenses. Verizon's talks with the regional carrier are expected to take longer and might not result in an agreement.
In another significant development, Verizon ( NYSE:VZ ) Public Sector has been awarded a $100 million contract by the State of Michigan. This agreement allows state agencies and affiliated entities access to Verizon's award-winning network and a suite of communications solutions designed to help serve the state's more than 10 million residents. The contract also allows eligible Michigan cities, townships, villages, counties, school districts, universities, colleges, and nonprofit hospitals to take advantage of available Verizon services through MiDeal, the State of Michigan’s extended purchasing program.
The new contract, effective through August 11, 2028, is renewable for up to five additional option years and includes access to devices and services including Fixed Wireless Access (FWA), 5G Ultra Wideband (UW) connectivity, special plan pricing, and Verizon Frontline, the advanced network and technology built for first responders. Verizon Communications Inc., one of the world's leading providers of technology and communications services, generated revenues of $134.0 billion in 2023.
Verizon ($VZ) Spike 2.5% in Premarket Trading on Earnings ReportOn Monday, Verizon Communications ( NYSE:VZ ) released its first-quarter earnings report. The report indicated a 4% decline in earnings from the previous year, although the earnings still surpassed Wall Street's expectations. Verizon's stock price reacted positively due to the wireless service revenue exceeding expectations.
The adjusted earnings per share for the quarter ending on March 31 were $1.15, while revenue for Verizon ( NYSE:VZ ) was $33 billion, reflecting a 0.2% increase from the previous year's revenue of $32.9 billion. The estimated earnings per share and revenue were $1.12 and $33.2 billion, respectively.
Verizon's wireless service revenue rose by 3.3% to $19.5 billion, exceeding the estimated $18.67 billion. The company was able to achieve this despite Q1 being a typically weak season by raising prices for wireless services.
Verizon ( NYSE:VZ ) lost 68,000 postpaid phone customers in the quarter, a metric closely watched by investors. However, this number was lower than the predicted loss of 92,000 subscribers, resulting in a positive market response. In Q1, Verizon ( NYSE:VZ ) lost 158,000 postpaid consumer subscribers but added 90,000 business postpaid subscribers. In comparison, the company had lost 127,000 postpaid phone subscribers in the previous year.
Verizon ( NYSE:VZ ) is presently focusing on generating growth in free cash flow and earnings before interest, taxes, depreciation, and amortization.
Verizon's stock rose by 2.6% to 41.55m on the stock market, indicating a move back above the 50-day line. The company had gained over 7% in 2024 before the earnings report, after experiencing a 4% decline in the previous year.
Verizon Communications ( NYSE:VZ ) stated on Monday that it had lost fewer wireless subscribers in Q1 than anticipated, owing to its flexible plans and streaming bundles offering discounted pricing for services such as Netflix and Warner Bros Discovery's Max. Verizon's shares rose by 2.5% in pre-market trading.
Verizon's consumer business saw its best Q1 performance since 2018, with 158,000 wireless retail postpaid phone net losses compared with 263,000 losses a year ago. CEO Hans Vestberg stated, "We are on track to meet our financial guidance and to deliver positive consumer postpaid phone net adds for the year."
Verizon's plans are usually more expensive than those of its rivals, AT&T (T.N) and T-Mobile (TMUS.O), which are set to report earnings later in the week.
Tech-Media Stocks: Macro Fib SchematicsThese Tech Media/Entertainment companies are among the biggest and most influential. Their Fib Schematics are somewhat similar but a few are unique. Twitter is newer than the rest so it takes up less room. We may see Twitter keep this support and continue onto its new schematics.
As for every single chart, we can see the monthly candles respecting these s/r lines. One must not need me to tell them which way we are suppose to go, rather they must look deep inside the chart and understand weather it is on support, on resistance, or pushing away from one of them. We can see this in ever single one.
Unfortunately, this is a 2 month chart but it still definitely works! 100 percent will still work no matter the timeframe. Its just that the structure gets more defined the lower the timeframe.
Front runs, rejections, and clear supports can be spotted here.
For me, AT&T looks like a buy because of multiple frontuns above. T-Mobile looks like a buy to resistance and then short sell. The others are too complex to put into mere words.
A Little Bearish on Verizon StockWe received two signals for Verizon stock based on the closing price on February 2, 2024 indicating the stock will likely drop over the next 6-20 days. My SAG Gauge Conservative algorithm bearish signal has occurred 211 times. A bearish signal has successfully seen the stock drop below the signal closing price over the next 10 trading days 95.7% of the time. The typical delay, or time the stock does not immediately move downward has generally only been 1 day. This means the stock could move up on Monday, but likely begin its decline as late as Tuesday of this upcoming week.
The other bearish signal is my Up and Down MACD, which signals before a typical MACD cross would occur. Instead of signalling at the cross, I added additional parameters that trigger shortly after weakness is confirmed and well ahead of the cross most people will trade on. For VZ stock, it is accurate in determining reversals 94.50% of the time. This one is interesting in that delays that have occurred result in less than a 1% move. This means the signal price on Friday (closing price) of 42.13 would most likely not see the stock move above 42.60 before it moves below 42.13. In this instance I am looking for a drop well below 42.13.
Simultaneous signals of both algorithms at the same time has occurred 60 times. 58, or 96% of the time the stock has dropped. Simultaneous signals are something I prefer to see as it is more bolstering than solo signals. The last time these two signals occurred together and failed was March 22, 2000. The stock failed to trade downward over the next 27 days. Day 28 finally went into the red, but was a failure in my 10 and 25 day studies.
I am looking for a possible move up on Monday/Tuesday at the latest before we start to move down. A success will occur if the stock goes below 42.13. Historically, simultaneous signals send the stock down to at least 42.09 (which is a very weak success). The 10 day target is a 1.3% - 4% drop over the next 6-9 days. The 25 day target is 2.4% - 6% over by days 13-22. It is unclear where the stock will go after this movement occurs.
Verizon's 2024 Surge: Navigating the Shake-Up
Verizon Communications ( NYSE:VZ ) recently unveiled its fourth-quarter earnings report, showcasing a resilient performance despite a 9% dip in adjusted earnings to $1.08 per share. However, the company met Wall Street estimates, sparking a positive market response as VZ stock rose. The standout achievement was the robust growth in wireless subscriber additions, exceeding expectations amid a notable shake-up in the consumer business landscape.
Earnings Overview:
For the quarter ending December 31, Verizon ( NYSE:VZ ) reported a 0.3% decline in revenue to $35.1 billion compared to a year earlier, where earnings stood at $1.19 per share on revenue of $35.3 billion. Analysts had anticipated earnings of $1.08 per share on revenue of $34.6 billion, reinforcing Verizon's ability to meet and even exceed market expectations.
Key Performance Indicators:
Verizon's wireless service revenue witnessed a commendable 3.2% increase to $19.4 billion, surpassing estimates of $19.37 billion. A significant highlight was the addition of 449,000 postpaid phone customers, a substantial leap from the 217,000 gained in the previous year. Additionally, Verizon secured 375,000 5G broadband customers during Q4, signaling the company's commitment to advancing in the rapidly evolving 5G landscape.
2024 Guidance and Strategic Focus:
Looking ahead, Verizon ( NYSE:VZ ) has outlined a strategic vision for 2024, forecasting wireless service revenue growth in the range of 2% to 3.5%. The company also anticipates adjusted EBITDA growth within 1% to 3%, and an adjusted EPS of $4.50 to $4.70, aligning with market expectations. Amidst management changes, Verizon is laser-focused on generating growth in service revenue, free cash flow, and earnings before interest, taxes, depreciation, and amortization (EBITDA).
Challenges and Market Dynamics:
Verizon ( NYSE:VZ ) acknowledges challenges in regaining its marketing claim to operate the highest quality wireless network. The brand has encountered headwinds amidst management shifts, necessitating a concerted effort to restore its market dominance.
Market Reaction and Technical Analysis:
Leading into the earnings report, Verizon's stock had gained 5% in 2024, rebounding from a 4% retreat the previous year. Technical analysis indicates a strong upward trajectory, with the stock breaching resistance at $34.98. The current testing of resistance at $41.05 is a pivotal moment, potentially sparking a negative reaction. However, an upward breakthrough at this level would signal further positive momentum.
Conclusion:
Verizon's ( NYSE:VZ ) 2024 outlook reflects a company resilient in the face of challenges, focusing on key growth metrics and strategically positioning itself in the 5G landscape. As the brand navigates through management changes and competitive dynamics, investors are keenly observing Verizon's ability to sustain its positive momentum and capitalize on the evolving telecommunications industry.
Navigating the 5G Horizon: Verizon's Stock and Future Prospects
Verizon Communications (NYSE: NYSE:VZ ) has been a stalwart in the telecommunications industry, consistently attracting income-oriented investors due to its reliable dividends. However, recent performance indicates a struggle to keep pace with broader market indices. We'll explore the various factors influencing Verizon's stock, from management changes to the delayed impact of 5G technology on revenue growth.
Management Reshuffle and Strategic Shifts:
Verizon has undergone significant management changes, including the recent appointment of Leslie Berland as Chief Marketing Officer. With experience from Peloton Interactive, Berland brings a fresh perspective to Verizon's consumer group. The company's focus on simplified pricing, segmented go-to-market strategies, and C-Band spectrum upgrades, as highlighted by Oppenheimer analyst Tim Horan, could be pivotal in driving better churn and higher average revenue per user.
5G Network Expansion and Challenges:
Despite owning midband and high-frequency millimeter wave radio spectrum, Verizon has faced challenges in capitalizing on the 5G revolution. The rollout of 5G services has been slower than expected, impacting the consumer wireless business's revenue. However, Verizon's push into fixed broadband services, with a goal of reaching 30 million homes by the end of 2023, offers a potential avenue for growth in a sector dominated by cable TV companies.
Market Dynamics and Competition:
Verizon's position in the wireless industry faces headwinds as industry growth slows, intensified by competition with AT&T and T-Mobile US. The cable TV companies' increasing influence in wireless services poses an additional challenge. The company's struggle to reclaim its marketing claim as the provider of the highest quality wireless network adds complexity to its market dynamics.
5G's Role in Revenue Growth:
While Verizon has made strides in adding fixed broadband subscribers, revenue from 5G business services using private networks has fallen short of expectations. However, partnerships with industry giants like Amazon Web Services and IBM indicate a commitment to exploring new revenue streams through 5G applications for industrial devices.
Dividends, Buybacks, and Market Share:
Despite a 7.7% dividend yield, Verizon's stock has underperformed, and a planned stock buyback has been delayed due to spectrum purchases for 5G services. The acquisition of Tracfone aims to strengthen Verizon's position in the prepaid wireless services market, providing a potential boost during economic downturns.
Technical Analysis and Future Outlook:
From a technical standpoint, Verizon's stock has shown positive signals, breaking the falling trend and indicating a potential rise to $39.43 or more. The company's use of artificial intelligence to enhance customer service and lower operating expenses aligns with its commitment to technological innovation.
Verizon Business Expands Private 5G at Port of VirginiaKey Takeaways:
1. The agreement between Norfolk International Terminal (NIT) and Verizon Business follows the successful deployment of a private 5G network at the neighboring Virginia International Terminal, another Port of Virginia property
2. The new network includes Verizon Push to Talk Plus, which is now available for use with the Verizon Private 5G Network offering.
3. The expansion of Private 5G at Port of Virginia terminals highlights Verizon’s Private 5G Network scalability and applicability in data-rich industrial environments.
Verizon Business and the Norfolk International Terminal (NIT) announced an agreement to build a Verizon Private 5G Network at their Virginia facility, following the successful deployment of Verizon Private 5G at the neighboring Virginia International Terminal (VIT). Both NIT and VIT are terminals within the Port of Virginia, highlighting the scalability of private 5G networks to meet unique connectivity demands throughout a complex, data-rich environment.
The Private 5G Network will cover 270 acres of the NIT campus with dedicated Ultra Wideband spectrum, replacing spotty outdoor WiFi and enabling secure, instant voice, text and data communication within the campus through Verizon Push to Talk Plus (PTT). PTT is a mobile app ideal for industrial and commercial worksite collaboration across phones, smartphones and tablets, all through the Verizon private Network.
Price Momentum
VZ is trading in the middle of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors are still evaluating the share price, but the stock still appears to have some upward momentum. This is a positive sign for the stock's future value.
VERIZON: Strong rally testing the 1D MA200.Verizon is bullish on its 1D technical outlook (RSI = ) as it is on a continuous rise since the bottom a month ago. Using the 1D MA50 as Support, it even crossed over LH trendline of January and crossed over the 1D MA200 for the first time since April 22nd 2022.
Despite this crossing, it has closed the last candles under it, which shows the short term, to say the least, struggles on this key Resistance level. The previous pullback was on the 0.382 Fibonacci to the 0.236. Now it hit the 0.5 Fibonacci and we are expecting an analogous pullback to the 0.382 that will pave the way for the next series of green candles. We will buy that pullback and target the R1 level (TP = 37.70).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
VZ Verizon Communications Options Ahead of Earnings If you haven`t sold VZ here:
or here:
Then analyzing the options chain and the chart patterns of VZ Verizon Communications prior to the earnings report this week,
I would consider purchasing the 32usd strike price in the money Puts with
an expiration date of 2023-11-17,
for a premium of approximately $1.14.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Disney - Is Your Compass Upside Down?On trading social media, Disney has been the target of moonboys for quite a while.
For some reason, whenever a stock is in a landslide and doesn't go up, everyone gets it in their head that they're going to BUY THE CALLS and catch the next MOTHER OF ALL SHORT SQUEEZES.
And this is because you want to gamble on a single day candle, which results in you blowing your account, and then you stop using TradingView and can't have fun anymore.
Disney, fundamentally, is a company that may not have any future whatsoever in a society that returns to mankind's traditions.
For so many years, it has been pushing a warped and depraved culture at both its parks and via its broadcasting networks. It was even an entertainment industry leader in onboarding the Chinese Communist Party's Zero-COVID social credit edicts.
And this is a problem if you want to get long.
They always say "zoom out," and so let's look at yearly candles:
8 months of price action for 2023 so far indicates that we've probably just been painting the wick portion of a year that will break the 2020 COVID low.
And the first place you find support below the COVID low is at $40.
"Sure, sure. But it's Disney. It's the stock market. EVERYONE KNOWS it's going up. Bears always get #rekt LOL."
"Bear flags" and "bull flags" are astrology and don't exist. But what does exist is when an equity spends more than a year in an area it should have bounced from and simply doesn't go up, which is what we see on the monthly.
But the contrary, on the Weekly, there is a problem for bears, which is the August of '22 high at $126.
And so there is a potential that tomorrow's earnings call actually results in a raid to $80 that actually produces a bullish buying opportunity with a target of $126.
The problem is, the "JPM Collar" has the world's most significant bank long on SPX 4,200 puts that expire September 29 that have literally been under water every second of every day since they were bought at the end of Q2.
SPX/ES - An Analysis Of The 'JPM Collar'
However, I note in my recent SPX call:
SPX - The Sound of a Shattering Iceberg
And a recent Nasdaq call
Nasdaq NQ - Is It Time To Sell The Rip?
With CPI pending on Thursday morning, what happens tomorrow is really significant.
That although I suspect our index tops to get raided, the problem is, are you going to see $40+ on Disney in a time frame of less than 3 weeks?
September is likely to be something of a "chilly autumn" for equities markets with the way everything is set up, including the SOXS bear semiconductor ETF and the VIX.
If there's to be anymore rally, that rally may only come in Q4.
And thus, that would mean for Disney that a likely scenario would be a raid on the lows from earnings and even more bearish consolidation, with the $126 target being left for the beginning of Q4.
This stock is a lot like Verizon and T-Mobile. It's better left not bothered with until it starts to show you signs that a bank or a fund really wants to rip it bigly in one direction or the other.
There's lower hanging fruit and greener pastures out there to trade.
VZ Verizon Communications Options Ahead of EarningsIf you haven`t sold VZ here:
Then analyzing the options chain and chart patterns of VZ Verizon Communications prior to the earnings report this week,
I would consider purchasing the 31usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $1.08.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Will Verizon bounce from current oversold extreme?Verizon Communications Inc. - 30d expiry - We look to Buy a break of 32.01 (stop at 30.01)
We are trading at oversold extremes.
This stock has recently been in the news headlines.
In our opinion this stock is undervalued.
A higher correction is expected.
A break of bespoke resistance at 32, and the move higher is already underway.
Our profit targets will be 37.01 and 38.01
Resistance: 32.00 / 33.70 / 35.00
Support: 31.25 / 30.00 / 29.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VZ (Verizon Communications Inc.) Buy TF M15. TP = 35.31On the 15 minute chart the trend started on June 2 (linear regression channel).
There is a high probability of profit. A possible take profit level is 35.31
But do not forget about SL = 33.70
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
VZ Verizon Communications Options Ahead of EarningsIf you haven sold VZ here:
Then analyzing the options chain of VZ Verizon Communications prior to the earnings report this week,
I would consider purchasing the 37usd strike price Puts with
an expiration date of 2023-5-19
for a premium of approximately $0.84
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
VPLM Bullish AF- STOCKTWITS STRONG BUY!!! TODASO!I have anchored the FIB from the breakout earlier his year and then included the wick at the top. I have Vwap anchored to weekly and it's nice how all these level have similar confluence. We have a pennant which is neutral but it's also a bull flag as well. The flag pole gives us the extrapolation for a target above. Fib levels, vwap and 200ema etc for lower targets. Not financial advice, DYOR.
From Stocktwits
History101
Yesterday 7:09 PM
$VPLM for all the new visitors to the VPLM board, welcome. I thought I'd re-post some info to get you up to speed (several posts below). Summary: VPLM has been defending its patents against multiple HUGE tech company infringers for 10+ years. Google, Samsung, Tmobile, Meta, Amazon, etc. VPLM has been winning over & over again, in court and at the patent board. It is the 9th inning now, with court dates set for this summer IN WACO TEXAS, a court (and jury) that supports patent property rights. The big boys are in a big bind, and we investors might have a decent shot at some real $$. Not investment advice, GLTA
From
investorshub.advfn.com
GreenBackClub
Re: None
Tuesday, January 24, 2023 7:01:49 PM
Post#
112387
of 113349
FOR ANYONE CLAIMING THAT VPLM HAS NOT DONE ANYTHING MEANINGFUL FOR THE COMPANY AND SHAREHOLDERS I OFFER THIS LIST OF ACCOMPLISHMENTS BY VPLM THUS FAR:
* Up-listed from OTC-PINK to OTCQB
* Removed the DTC Chill
* Conducted an annual financial audit to be in full SEC compliance and fully reporting.
* Conducted an initial damages analysis for RBR parent patent.
* Initiated 4 federal infringement lawsuits to enforce VPLM's IP rights against Verizon, Apple, AT&T, Twitter.
* Initiated 1 federal infringement lawsuit to enforce VPLM's IP rights against Amazon.
* Agreed to having all 5 cases venue transferred to Northern California and consolidated for pre-trial purposes.
* Defended and defeated 8 IPR petitions brought before the PTAB by Unified Patents, Apple and Verizon/ATT.
* Successfully defeated a motion, in part, for sanctions by Apple at the PTAB.
* Successfully defeated an Alice motion brought by Verizon & ATT.
* 27 total patents granted and issued as of February 2019 (21 U.S. Patents).
* Granted RBR patent in Europe without any opposition challenge within 9 month challenge period.
* successful efforts to recoup most of the 100 million shares from Richard Kipping et al
* Upgraded the Board of Directors to include new members with extensive experience in M&A.
* Brought on board new boutique NYC law firm (Kevin Malek) to go to battle against the big silicon defendants.
* Brought on board terrific superstar lawyer in luis Hudnell
- ceo malak returned many hundreds of millions of shares back to the treasury to reduce the outstanding share count (to the benefit of shareholders)
And more recently…….
***Patents have been validated***
***Initial damages analysis done***
***Defeated 12 more IPRS (20 total)**
***IPRs have been appealed and upheld unanimously***
***No patents have been invalidated***
*** Current with all requisite filings***
***current with prosecuting patents and keeping both parent and child patents current***
***Reduction in OS count (thanks Emil!)***
***Some claims (@20) invalidated for RBR but could be overturned with a decision on Axle at the Supreme Court***
***NDCA is a very difficult court to win as it is defendant friendly. Waco is fair and plaintiff friendly***
***Foot in the door in WACO and now some defendants must remain in Waco (Amazon’s writ of mandamus denied!) and face a trial. Other defendants currently stayed in NDCA are tied to Waco results***
***Albright is a judge that is perceived as fair, by the books and fast which means vplm will be given a fair chance to argue / defend patents on the merits (all we could ask for)***
***99% of Albright's cases settle before trial. Albright encourages settlement ALL THE TIME. If defendants get to trial they have been given multiple chances to settle so they can’t expect Leniency from judge Albright***
***Defendants are NOT working together as a formal consolidated group. There is a disconnect - which plays into VPLM’s favor***
***Most big defendants will settle before providing source code when discovery is requested and required. Vplm is well into discovery phase so it is only a matter of when and not if source code will be demanded***
***Apple's own expert admitted in court in virnetx case - on the record - that they use relays to route their calls (imessage, facetime, etc.). This admission will come to bite the apple in the butt***
***Apple tried to file a patent when VPLM was updating their RBR child patent but they failed to do so before VPLM did. We were first to file at USPTO. Now why did they do this? --> because they wanted to get around infringing. Sorry apple, you lose again***
***60+ companies have received letters that notified them of possible infringement AND offered them the chance to take a license. This was years ago. Willful infringement equals treble damages!***
***Apple and others can be brought back into litigation as they were dismissed WITHOUT PREJUDICE***
VZ-Sitting at critical supportOn August 15th it became known that Berkshire Hathaway dumped its Verizon Communications, Inc. position and since then the stock has lost about 13.5%. While I do see this as an overall headwind for the stock it could be due for a bounce and looking over the monthly chart IF a bounce was to occur it would in the $39 area as we are about to test a very long term trend line. Typically a 3rd hit of a non-horizontal trend line will usually hold but I will not bag hold this position given the overall market weakness right now.
SL-38.50