It is quite amazing that the market sees the news of yesterday as a basic non-event.
Hopefully we will see some solid numbers in the 10Q soon regarding Samsung.
Regardless, a simple conservative estimate of say $ 4Mil net per defendant would generate $ 64 mil or .23/share.
8 to 12 times PE should bring the PPS around $ 1.85 to $ 2.76/share.
Assume HALF of that at $ 2mil per defendant and we have a PPS of $ .93 to $ 1.38/share
What the hell are we doing at .16 ?
Comments?