XpresSpa Group Inc (XSPA)

[tink07]

I have been holding a significant position and adding VRNG since the late fall of 2011 well before the merger with IP. I have had many sleepless nights as bashers and shorters cried out "Its a lottery ticket...It's a gamble" and inundated all discussion forums with a constant run of lies and misinformation.

Tables have now turned and the so called lottery ticket is now a bonafide investment. The short position is now becoming the "lottery ticket" side of the trade which is fine by me as I think its about time the shorts have a few sleepless nights too. Truth is Vringo legal team has a near perfect score in this entire case against Google when jury and judge errors are discounted out of the equation. I can't imagine Google wants to even take on a strong chance of "laches" being overturned on appeal along with jury error versus a slim to none chance of winning against Vringo on appeal. I am probably wrong but I think the chance of settlement is higher than ever. Either way, I'm in for the long haul on this one.

Good luck all and sleep well. Tink07