XpresSpa Group Inc (XSPA)

[tobinator00]

It is my understanding that 3.5% RR comes from what a licensing agreement between two parties for technology that is critical (to Google in this case). A higher royalty rate would then represent a penalty for fighting the lawsuit and even higher than that is due to wilful infringement. IMO, we should see at least 4%. HJJ did put the screws to Verizon post guilty verdict, let's hope he does the same.

It looks like shorts were out doing damage control today. Finra data had 2 million of today's volume shares short. I could not see why anyone long would want to cash out here since JMOL is thrown out the window. The 200 dma looks like the whack-the-mole price for shorts. My question; how much downside do they expect to capture here with JMOL out of the equation? The only thing I can think of is a) they are stuck in their positions and/or b) they hope HJJ says the Vringo portion is 2.09%. I can't imaging HJJ sticking with the jury (error) because there is no evidence presented at trial to base that number.

http://stockcharts.com/h-sc/ui?s=VRNG&p=D&yr=0&mn=6&dy=0&id=p94040604289&listNum=3&a=274722983

One interesting thing will be April 24th's short interest report for Vringo as of April 15th. I think it could show a large increase if the shorts managed to pin Vringo at or below $3.50 to frustrate longs.