Trolling for returns
Many consider Vringo to be a patent troll, and whether it’s true or not, some investors pocketed significant returns with the company last year. I’ve said before that I’d be wary to invest in Vringo because of its volatility and the fact that its entire business is built on jury verdicts, but billionaire Mark Cuban disagrees; he’s the company’s largest shareholder with a 7.4% stake. Investors should consider the fact that buying stock in Vringo is an investment in jury decisions and ongoing litigation instead of products and services. If that matches up with your investment thesis, then there may be large gains in your future.
The article Vringo vs. Microsoft: Another Courtroom Victory? originally appeared on Fool.com and is written by Chris Neiger.
Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends Google. The Motley Fool owns shares of Google and Microsoft.
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