XpresSpa Group Inc (XSPA)

[Red Angus]

dolph--Your point about low volume illustrates how manipulation of cheap Vrng shares is ridiculously easy at present. Total volume yesterday was about 609,000. We’re talking about $1.8 million TOTAL dollar volume. And how much of that volume could have been buys and sells by the same persons or interests? How many could have been essentially the same dollars and same shares? Hey, a few people wouldn’t even have to break their piggy banks to finance the whole volume if they wanted to get involved in multiple daily transactions. The SEC sure won’t bother with Vrng.

Heck, if I weren’t chasing calves around half the day---and if those of you reading this post weren’t chasing your own favorite phantoms---we could do the same thing with this particular stock. I’m actually a bit surprised that there aren’t some longs pushing back. But of course as we’ve noted before, the REAL point is that it doesn’t do a whole lot of good to commit funds to a battle right NOW with the knowledge that JJ may not rule in the 21st Century.

So, for the time being, no matter what the good news may be, the shorts don’t have to extend themselves at all in order to keep a tight lid on Vrng.

I’m of the hopeful view that some longs with a few shekels may later become active when it makes a real difference strategically, and in the meantime they’ll just accumulate at low prices. All jmo.