XpresSpa Group Inc (XSPA)

[xlt leader]

Not sure, If you look at all the stocks on the NYSE MKT system, number 3 is Vringo and number 4 is VHC. In terms of short a percentage of float who is 1 and 2? VHC number 1 36% of float and Vringo #2 with 22.5%. So it is obvious that "street" as a whole hates these patent type companies. However take heart as I said before shorts are not always right. Two companies on my radar today both benefited from large short positions

First Sarepta SRPT shorts increased 12.5% to 7.6 million (26.3% of float) and today we had a 13% move (intra-day 18%) so some pain there with more to come.

Second we have First Solar 27.3% of float and we got a nice 45% move there. Shorts got burned there as well. The conditions are right here for these type of moves given similar % of float shorted. Will it happen stay tuned.