Vringo (VRNG) Volatile Ahead of Google (GOOG) Settlement
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Shares of Vringo, Inc. (NASDAQ: VRNG) are seeing extreme volatility ahead of judge scheduled settlement talks with Google (NASDAQ: GOOG) today.
After trading down 10 percent going into the 2 o'clock hour, shares ramped into the green but are now back down 12 percent.
A court filing today could explain some of the action. The filing relates to the August 6, 2012 settlement with AOL, although is was filed today at the US District Court in Norfolk, VA.
Link
The stock promises to see continued volatility into the the all-important Google settlement. The trial remains scheduled to commence on October 16, 2012.
After trading down 10 percent going into the 2 o'clock hour, shares ramped into the green but are now back down 12 percent.
A court filing today could explain some of the action. The filing relates to the August 6, 2012 settlement with AOL, although is was filed today at the US District Court in Norfolk, VA.
Link
The stock promises to see continued volatility into the the all-important Google settlement. The trial remains scheduled to commence on October 16, 2012.
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