XpresSpa Group Inc (XSPA): FWIW from Zacks: VRNG Shares March Highe...

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JJSeabrook

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Thursday, 04/10/2014 10:19:27 AM

Thursday, April 10, 2014 10:19:27 AM

FWIW from Zacks: VRNG Shares March Higher. Can it Continue?

As of late, it has definitely been a great time to be an investor in Vringo, Inc. (VRNG). The stock has moved higher by 9.5% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider VRNG’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as VRNG has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company.

http://www.zacks.com/stock/news/129408/vringo-vrng-shares-march-higher-can-it-continue

I am not a broker and profess to know nothing about trading stocks. Do your own DD. Buy, don't buy...sell, or don't sell at your own risk.