XpresSpa Group Inc (XSPA)

[Rainmaker80]

Appears from chatter across the boards that the shorts are nervous!

Rightly so, I mentioned they were trapped months ago, I mentioned a number of institutions were looking at this name at the same time

Yesterday we saw an institution or group of institutions soak up 20-25% of the float - this now makes it even harder to cover without moving the price materially and thus removing the short's paper gains, and potentially worse (losing money if a halt comes). I suppose that should tell our short friends I know what I am talking about (the fact I called the fact Tuts were coming here).

Based on the availability of short shares, only about 100k of the 1 mil or so outstanding shorts have covered in the last week.

I certainly wouldn't want to be short a stock trading near its 52 week low, being priced like its going bankrupt when it is not, and when it just moved 60% in 2 days.

Moreover, being short a stock with a small float, being held in the hands of strong retail and now new institutions is not a wise position. Not to mention, as they say the trend is your friend. This wasn't a technical move on retail adding, some shorts covering etc...it was a material buy by large groups - the street is taking notice of this company on the long side, for a REASON....if retail shorts feel they are smarter than the street, good on them, but they will learn the hard way, they are not.

Manipulation is ending folks, the shorts can either accept that and get out, or get raped.

Bulls make money, Bears make money, Pigs get slaughtered.