XpresSpa Group Inc (XSPA)

[alexah101]

excellent post.

i just switched over 2 days by chance because I wanted leverage (couldn't buy options) and I see warrants as actually less risky than stock because I can take a profit at 4.00 if needed while id still be under water with shares.

here is the SA article about the VRNG warrants

http://seekingalpha.com/article/862881-vringo-warrants-offer-an-amazing-asymmetrical-trade

the comments and article were very helpful. especially Brian Grad's comments about the acceleration

here is the registration statement for the warrants (new to this so its all i could find)

http://yahoo.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=8751191-165843-183569&SessionID=Ki_bFq_l-A6Big7

"the last closing sale price of Vringo common stock has been equal to or greater than $5.00 per share (subject to adjustments for splits, dividends, recapitalizations and similar events) on each of 20 trading dates "

this states 5.00 but Brian found the updated version, where it is indeed 10.00 PPS