XpresSpa Group Inc (XSPA)

[Ipittydafoo]

do you think a big short is going to cover in one shot? nope...they are smart/hide their moves

limit orders
sizable but not big enough to tip anyone off
do it slowly over a number of days/weeks

especially in a low volume stock. If you're short 2-3 ml shares are you going to cover all at once when there are 800k shares of volume per day? no chance because you move the market, even if you simply has just a sizable short position (500-1ml shares)

nope...you chip away a little per day and play the patient game and the pps isn't affected by your covering.

and what would be your explanation for the increase in sizable buys today? I have been watching level 2 for months and there has seldom been buys the size I saw this morning at limits (ie not market./chasing so not retail), could potentially be a tut buying if so, is just as good news, if not better.

But its really only one of those 2 options in my view...but it is noticeable and outside the recent norm for this stock, which is why I mentioned it....

Personally, I'd prefer to be wrong and have it be tut accumulating! just better for longs!