XpresSpa Group Inc (XSPA)

[Rule_62]

Typical sell the news follow-up. By now the ADD-driven attention span of the momo crowd is being drawn by another colored bauble that they'll flock to after it's already gained 20%. The price erodes as they sell their trades. They have no understanding of this stock, nor do they want to. It's all part of why nothing goes up in a straight line. The shorts will also play off their exit, warning everyone to sell.

I've done my due diligence, and am quite comfortable with VRNG. Of course that also comes with a low re-entry point and enough time to be far enough from it to have some tolerance for the typical post-news downward drift.