XpresSpa Group Inc (XSPA)

[jomifa8301]

rkp, appreciative for the link on fraudulent shares.
wonder how much that is in play right now, by engulfing the bid with fraudulent naked shorting…

i pulled nasdaq's fail to deliver, month by month for all of 2013 and it shows about 17 million shares.
according to that article, the Actual amount of fraudulent shares can range from several times to up to 40 times of what's reported to the SEC.

17mm is just from 2013, and that's just from what was reported with the sec. whether you assume the actual number of fraudulent shares was two times or ten times (if not more) the amount reported, it definitely creates a significant dilutive effect.

based on this theory, i don't see it likely for a meteoric rise as VHC had…

vhf went from 3-38 from jan 2010 to july 2011, about 18 months.

i tabulated the same nasdaq fail to deliver records from august 2009 through july 2010, a similar 12 month period leading up to it's ascent. and there was only 3.98 million Big difference..

granted vhc has 51mm shares outstanding to vrng's 84mm (110 fully dilutive)

million percent positive google is behind the shorting effort in some way