XpresSpa Group Inc (XSPA)

[nsomniyak]

We were at $3.00 during the appeal because there was strong sentiment (at least among people here) that VRNG had a very good chance of winning the appeal--at least 50/50 and higher for VRNG in the minds of many longs.

The chances of an en banc going in VRNG's favor, if granted, would seem to me far less (stats posted here suggest less than 10%?), and for that reason I don't think we would get all the way back to where we were before the CAFC ruling.

I'd love to see $3, but I am tempering my hopes based on what I see as a lower percent of winning, therefore a higher discount rate.