XpresSpa Group Inc (XSPA)

[xlt leader]

Couple of points. First where do you get that shorts win 80% of the time. If this was true then everyone should short right! The real numbers are more like 50/50. Lots of shorts have been crushed in the rally since the new year. Many people seem to think that shorts have some special information or knowledge that isn't public. None of that is true, look at Netflix and BBRY to name a few, huge short positions and they continue to go up. Anyway is doesn't matter whether the company says the decisions are due or not, they will come when they come. One thing I do know is that it is highly unlikely that there are no decision a month from now. I think much sooner however is more likely.

Here is a story from Forbes about how hard it is to make money shorting stocks.

For hedge fund managers, shorting stocks has become increasingly tougher and hedge fund traders have become much more reluctant to bet against individual companies. This important new trend can be seen in the decrease of short interest activity in individual stocks—over 18 million shares on the New York Stock Exchange in July 2008 versus 13.3 million in October 2012—and it may help explain the poor overall performance that has hit the hedge fund industry on the whole in recent years.

http://www.forbes.com/sites/nathanvardi/2013/01/10/death-of-the-hedge-fund-short-seller/