XpresSpa Group Inc (XSPA)

[xlt leader]

I agree with some of your comments but I do not believe the downward pressure will persist once the chance to squash the case is not on the table. As a short there would be nothing in the following verdicts that will be favorable to them (My opinion only). Remember Google is willfully infringing as of the jury verdict, once affirmed the Judge will compensate Vringo by possibly increasing the royalty rate to 5 or 7% but I think 5 is more likely. Why would you hold as a short, there is no big stick left and this will also embolden many on the sidelines to buy including institutions who want clarity like everyone else.