Updated 5/9/2016. For Vringo Inc. (VRNG) today, Monday, 5/9/2016, is a new day … when Vringo (VRNG ) begins trading as FORM Holdings Corp. (FH). I haven’t done a new study on name changes and its effect on a stock’s price per share, in years … but when I last did … the effect appeared positive. Clearly it is time for more homework … and a new analysis on name changes. In Vringo’s transition to FORM Holdings Corp. (FH), the financial call makes it clear so many changes are occurring simultaneously, that it may be impossible to gage the impact a name change, by itself, will have on Vringo’s pps .
As of 9:45 A.M.
FORM Holdings Corp. (FH)
$2.07 unch Volume 2,520
Date Open, High, Low, Close, Vol (thru 9:45 A.M.. ET)
5/9/2013, 2.40, 2.40, 2.06, 2.07, 2520
52 Week Range $ 7.40 / $ 1.1815
Trades since the open
- 09:45:30 $ 2.07 200
- 09:44:01 $ 2.0996 100
- 09:43:40 $ 2.072 400
- 09:43:40 $ 2.06 600
- 09:41:29 $ 2.1699 800
- 09:36:26 $ 2.177 400
- 09:30:00 $ 2.40 20
Interesting that someone sold and someone bought 20 shares at the open for $2.40.
Chart 1 above Vringo (VRNG) thru 5/6/2016
The above Daily chart overlays the Vringo (VRNG) Open-High-Low-Close (O-H-L-C) with five (5) projections, as seen in the table below. The topmost bold green line plot consists of end of day projections for Resistance (r2) the next day. The next lower line plot, light green, consists of end of day projections for Resistance (r1) the next day. The middle bold red line plot consists of end of day projections for the Pivot Point (PP) for the next day. The next lower line plot, light red, consists of end of day projections for Support (s1) the next day. The bottom bold red line plot, consists of end of day projections for Support (s2) the next day.
Additional clues as to Mr. & Ms. Fickle Markets thinking on Vringo (VRNG) can be viewed in the expansion, or contraction, of the spacing between the line plots, as well as the trend of the line plots, including indicating higher, or lower lows, and/or indicating higher, or lower highs, et cetera.
:: If the related index, or stock, is above the pivot point, the pivot point is both support, and an indication that Mr. & Ms. Fickle Markets are Bullish.
:: If the related Index, or stock, is below the pivot point, then the pivot point represents resistance, as well as an indication that Mr. & Ms. Fickle Markets are Bearish.
:: Please Note: ALL projections are for reference only as they can be easily exceeded, up or down, by Mr. & Ms. Fickle Markets.
Pivot Point, Supports, Resistance and more:
Closed 5/6 down @ 1.97 -0.01 (-0.51%)
:: Closed (below 5/6 PP) (below 5/9 PP)
- :: Pivot point (PP) 2.04
- Support (s1) 1.86 Support (s2) 1.74
- Resistance (r1) 2.16 Resistance (r2) 2.34
- Simple Moving Average (Close 50): 1.892 (uptrend 4/21)
- Simple Moving Average (Close 200) 3.32 (downtrend)
Additional updates be added here:
—– Monday, 5/9/2016 thru Friday 5/13/2016 ——-
- U. S. government Overseas Assassination 101
- The Cowardly Bombings in Brussels
- Index ETFs for Monday, 3/21/2016
- The S&P500 (.INX, SPX) for April 4-8
- Correction, pullback, or Bear Market? Part 3
- Correction, pullback, or Bear Market? Part 2
- Correction, pullback, or Bear Market? Part 1
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