XpresSpa Group Inc (XSPA)

[Realizer]

Good post exactly what I said months ago when it was trading between 2.80 and 3.00. There is a player playing both sides to manage the price into a buying range.

As we've noticed the short position has been declining. And the trading range has increased. This leads me to believe that this player is close if not done.

The re-balancing with Russell may have sped up his process a bit. It will be interesting to see how much the short position has changed.

If you noticed the other day 50,000 block of shares sold into upward movement to stop it cold. This has been done several times now.

When they are ready we should start to see a slow increase 3-5 points a day. Then when the news hits the retail shorts will cover and retail will buy. They have a dollar range in mind to start selling. Not to stop run but enough to start locking profits. At the apex you will see an inverted hammer most likely on the 60 min chart best. This will be that player dumping most of the rest of his shares before going short.

These guys live off burning retail.

No the market is not a level playground.

If you are not on the side of big money you will lose!

Gltu'all