XpresSpa Group Inc (XSPA)

[shark44]

You are somewhat correct in your assessment. Shorts, unless they are on margin actually do not have to cover, they can wait until the stock comes down again. This is a very tricky play. VRNG has been a great stock to trade. I have been in since March 2012. I now have 42,500 shares. Most longs hope and pray for a short squeeze, which rarely happens. let's see how many hedge funds are actually shorting vs the retail community. How many Options are involved. There is a lot that has to happen, a 7% RR of 20.9% which I believe is very possible, would immediately bring in some Corporate money. JJ will rule before June 7th. I do not believe as many others do that Microsoft is going to buyout VRNG. Every day the price goes up for them. To wait after the RR Ruling makes less sense.IMHO Good Luck Longs.