XpresSpa Group Inc (XSPA)

[h2145h]

The warrant have more bank for the buck. Monday assume vrng p;rice is $4.00 and warrant price is $2. Compare warrant profitability vs. share profitability.
Assume vrng goes to $20. Profit on the Share is $20 less cost of the share or $16.. Profit on the warrants is $40 less $10, less cost of the warrants ($4) or $26.
IMO the only problem with the warrants is their June 2015 expiration. IMO GOOG cannot drag out the appeal that long and they cannot win on appeal. If this belief is erroneous, the warrants could be a worse deal than the stock.

IMO vrng stock is a fine long term holding.