XpresSpa Group Inc (XSPA)

[xlt leader]

Actualy the short interest is 26.5% according to WSJ..

http://quotes.wsj.com/VRNG?mod=DNH_S_cq

I think we are seeing the early stages of the end game for Google. It is not about the money as a settlement/rr award is not material to them. However the USTPO ruling is most likely the tipping point. They can delay this technically using various tactics but, the jury verdict, the USTPO decision and JJ's ruling is all against them. Delaying will allow VRNG's laches appeal which is far more compelling than anything Google can try. From a business perspective they have made their point that patent litigation will be battled. In this case Google has a shareholder base to justify its actions against. They have to make a compelling case for continuing this fight in light of potentially a 3 fold increase in the eventual outcome. I do not belive they can do this. The smart money realizes this and will be initiating a buy and squeeze the shorts strategy. I expect this breakout to continue and the volitility to be elevated.