XpresSpa Group Inc (XSPA)

[xlt leader]

I think This will easily trade in the $4.00's for sure and could touch $5.00. My reasoning is as follows. Most people don't trade the after hours market. There will be many people who will find out about the filing over the week-end including attracting many new investors. The sell off the previous 4 or five days has had the effect of losing the "weak hands". It did trade down to $2.79 Friday. Finally there are many people who are short this name. The Yahoo boards was full of them gloating and calling people fools , calling the company a scam, pos ect....So I can see the culmination of all this as a big movement in share price at least at the open. Where it goes from there will depend on the strength of the new shareholders. If they hold their position then the shorts are trapped. Cuban will attract people to this name who wouldn't normally invest in it otherwise. All IMHO...