VRNG (Vringo Inc), is looking like a strong candidate for a bounce today and continued movement from here on, after suffering an 18.05% decline in yesterdays trading.

One special thing to keep in mind with this play, is that this is a significantly larger company than what we are often used to covering. Virgo is a leading provider of software platforms for mobile social and mobile video services and currently trades at $4.45 per share, after declining by 98 cents just yesterday.

One special aspect to note with regard to VRNG, is the realization that it has a massive following. VRNG is one of the most talked about stocks in the online community and has instilled a great deal of confidence among its investors, as they have continued to release a steady flow of updates about their internal business.

Lately, the most interesting thing to note, has to do with an open lawsuit that Vringo has opened against Google. Undoubtedly shares od VRNG are expected to surge upward if they manage to win their case, so this is certainly one to keep a very close eye on. We will be putting forth full coverage of VRNG as things progress, due to the significant following and potential here. With yesterdays drop, there is a greater number of eyes turned toward VRNG, than there were previously. Get ready to see some terribly interesting trades!

 

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