‘Steve Jobs patent’ upheld by USPTO, ‘massive setback’ for Samsung and Google | TalkAndroid.com.
So ironic that on a day when Google stock launched over $100 points and $30 billion in market value, the news that all of Apple’s touch capacitive screen patents were upheld by the USPO on challenge, seem to interest only geeks and me. We bought more Apple on this news Friday and it is now our largest position by far in the Fund. After such a momentum trader’s blowup run, Google’s stock could collapse on this news when the talking heads on CNBC and Wall Street focus on it. I think we might buy a few out of the money Google put options Monday if they are not too dear.