ViewTrade Securities Initiates Analyst Coverage On Vringo, Inc.; SPECULATIVE BUY
JERSEY CITY, N.J., July 20, 2012 /PRNewswire/ — ViewTrade Securities Inc. (ViewTrade), http://www.viewtrade.com a full service broker dealer and investment banking services firm, announced today that it has initiated equity research coverage on Vringo, Inc. (NYSE: VRNG).
ViewTrade Director of Research Peter J. D’Agostino said, “The Vringo initiation marks our research department’s inaugural launch. With global mobile subscriptions on the rise and the demand for mobile social media, we think Vringo is poised for growth. We also look at Vringo’s merger with intellectual property firm, Innovate/Product as second growth catalyst.”
ViewTrade’s research provides an institutional-quality, equity research initiation report detailing Vringo’s key statistics, management, growth catalysts, financial outlook, price target and valuation. For access to the report visit, www.viewtrade.com/research/researchReports.php
About Vringo Inc.
Headquartered in New York, N.Y., Vringo was founded in 2006. Vringo, Inc. (NYSE :VRNG) Vringo is a distribution platform for mobile social apps and services. Vringo’s technology consists of mobile apps that allow users to create, share and download mobile video and create video ringtones and slideshows that are sourced from friends’ social networks. The company’s applications have been utilized on over one billion mobile interactions annually. For additional information about Vringo Inc., visit http://www.vringo.com.
ViewTrade Securities was founded in 1998 with the vision of creating a smoother, faster and more efficient straight through trading process (STTP). The Company has evolved into providing turn-key solutions to its clients’ brokerage, investment banking, technology and information needs.
The Company is a full service firm that offers a wide array of services to meet the needs of all its clients, from the high volume institutional traders to the individual investor. Along with many other services, ViewTrade specializes in investment banking services. Its Investment Banking Division is dedicated to providing innovative financing solutions and advisory services to corporate clients and investors.
Capital markets distribution capabilities through our Global Institutional Investor Network as well as our proprietary retail platform offer its clients exposure to both domestic and international institutions and retail investors. For more information on equity research visit http://www.viewtrade.com/research/ or email Peter J. D’Agostino, Director of Research at pdagostino@viewTrade.com.
SOURCE ViewTrade Securities Inc.