Van Can Make A lot Of Money Today.
1- NVGT is going to be down big.. This works perfect for me I have sold 1/2 just yesterday in a stroke of luck but i am going to buy it right back today! - There is a patent story and really it's no big deal this stk can be pushed around crazy so it will be a very good buy at the open.
What is the patent story -- Well for one thing it's NVGT suing someone else and losing for copying their tech they will appeal etc. But the bigger point this patent is coming off in 2022 anyway and by the time anybody gears up and produces anything the patent will have expired.
CEO- Woodcock also stated that Ingevity expects limited impact on its commercial operations or financial results through patent expiration in March 2022 specifically as a result of yesterday’s decision. "We’ve always said that we expect competition for our ‘honeycomb’ scrubbers once the ‘844 patent expires," he said. "Given that it typically takes automotive OEMs several years to redesign and introduce automotive platforms, any new entrant into the ‘scrubber’ market would most likely occur after the ‘844 patent’s expected natural expiry anyway."
Ingevity also stated that the U.S. District Court decision has no bearing on the company’s ‘649 patent family in the area of canisters designed to reduce emissions in new, emerging "low purge" engines. "We believe that our ‘649 patent currently applies to systems that are on 15% to 20% of U.S. and Canadian vehicles and could apply to anywhere from 30% to 70% of future near-zero fuel system designs," said Woodcock. This intellectual property is currently protected by patents not only in the United States, but in China and Europe as well.
"Our activated carbon products are optimally manufactured to both capture gasoline emissions and return them to the engine for their intended use and do so in a way that provides the OEM with the greatest flexibility, minimal canister design, quality and reliability. This is where Ingevity is differentiated among other players, and this is the fundamental basis of our competitive advantage," said Woodcock.
#2 AQUA sold off yesterday! And should bounce today.!
It's a Van sort of day... reflexive....
