XpresSpa Group Inc (XSPA)

[kens60]

Flounder55........

Read your post and feel I am in the same boat as you. Anyway, a little about myself. I have been in like a lot of you, 2012, because I searched far and wide for a good investment to make a few dollars to pay off my wives house and buy her a new car, without touching any of our existing money. Gambling, I guess one would call that. I'm in late 70's, wife will surely out live me and she has her money. So, that is why I got into Vringo.

Been in stock market 23 years, so not afraid of it. This case was big disappointment because Jury verdict. Never dreamed verdict would be ignored. I could of played the hi's and lo's also, but I got caught missing the train a few years back with Corvus and Ciena. I'd sold out of Ciena at $36, made a few bucks, bought Corvus and was going to sell after it went up a couple, then buy back into Ciena, because Ciena always dropped while Corvus advanced. Played that one to many. Corvus headed down, Ciena went from 36 to 139. Left me sitting with a down Corvus. So, I stopped any form of day trading and called myself an investor.

So, I'm done with the market pretty much.
I had 15000 shares at average $3.46, now 1,500 at 34.60. Plan to sit tight like I have been, and hope this management gets Vringo into profitable business, get the price up then sell trying to not lose any money, and not making any either.

Lesson learned? NO. A Life Time Learned. YES.
Truly enjoy reading all the messages, but it's a pretty F....'D UP WAY TO MAKE MONEY, in my opinion. Crooked Crookes all around