LET’S TALK ABOUT THE FUCKING GORILLA ALREADY

Fine, I will broach the subject of bastard French and Greek election results. This should come as no surprise, as the world knew who was going to win. Nevertheless, in true fucktarded stock market form, we’re all drama Queens tonight, machinating about the ongoings in Athens and how it pertains to the Euro.

“The Euro is going to fucking collapse under the weight of heavy Greek lounge chairs, vacationing in Skopelos.”

So both France and Greece are moving away from austerity. Explain to me how that is worse for stocks, aside from the fact that German brinksmanship stands in the way?

Stock are knifing lower now because of uncertainty. This is the fucking story that just won’t die. It’s like the boogieman, God damn it, Michael Myers in all of his pomp and grandeur. Shares of Apple are down 16 of 18 days, or something like that. For what? Law of large numbers, plush with $112 billion in cash? I can’t think of a safer haven.

Nevertheless, the men wrapped in burlap will have a lovely sleep tonight, dreaming of nightmarish scenarios, all surrounding around the idea of large capital losses, margin calls and outright death and mayhem. These people are sick and deranged, well deserving of electric shock treatment. Don’t bother poking sticks at me, in an effort to agitate. I am already as mad as can be, heavily long, albeit grandpa stocks, into the teeth of yet another hazard.

Time and effort is what I stand to lose, time and effort. It took a lot of time and effort to get to where I am today. And, it will take even more time to regain all of the fucking money I stand to lose tomorrow. One way or another, I will come out on top, as I have always managed to do. But this shit is testing the outer limits of my controlled insanity to the point of no return.

Having said all of that, I am sure Ben Bernanke is watching the action, whilst smoking his blunts filled with marijuana, declaring “watch, son, I’m gonna get those bitches real good this time.”

Nothing has changed, just the curtains on the living room window.

http://www.youtube.com/watch?v=DEDBRX1L5cI&list=FLEIciWvVLqrS9jdkxpjKL9A&index=4&feature=plpp_video

http://www.youtube.com/watch?v=RqQ4DO8b3CY&list=UULqZIDVSLzotsQGp3jWYVJw&index=10&feature=plcp

A lot of people I know have been minting coing long VHC. I used to own the stock at around $14, but sold it because I am a fucking moron. Nevertheless, there is a very interesting story to be told in the name. Long term contributor and friend of mine, Chuck Bennett, alongside the ever elusive “Devil”, have been heavy buyers of the stock and options for months. This is what I can tell you, relating to the story and why they feel it is going to $70.

VirnetX is a patent troll company, armed with some of the best attorneys money can buy. They are claiming ownership of the Secure Domain Names/Registry, in other words: every time you make a purchase via iTunes, VHC expects to get a cut. Their patents were recently validated by a Federal Judge, who ruled against Microsoft, awarding VHC $200 million. They have open lawsuits with a number of companies, including AAPL, pursuing the framework of royalty whoring established by QCOM many years ago.

One of their open cases against CSCO, AAPL, NEC and Aastra pertain to the core products of each company (think iTunes) and amount to $160 billion in sales, ANNUALLY. In layman’s terms, every time someone accesses iTunes via their iPhone or iPad, it violates VHC’s patents. Pretty sick, huh?

Regarding valuation: The company has $60 mill in cash, no debt, with a small burn. Bulls who know the story say the settlements to come may amount to over $8 billion. The bears who are being flamed in the stock point to other patent trolls, like CEVA and TSRA, who shot higher early, only to come crashing down later. Whether this is the next QCOM is anyone’s guess. It’s too hard to predict how a judge might rule. Nevertheless, the stock has been working and is clearly being recognized by investors as a story to watch.

Related: Inventors declaration.
vhc

Pardon the brevity of this post. There are people who know the story much better than I do and are welcomed to leave bullet points in the comments section.

Also Related: fuck, fuck, fuck! (note left by yours truly in The PPT many moons ago. There are 26 pages of notes in there.)