Replies to post #52700 on XpresSpa Group Inc (XSPA)

[Alphi]

officers of this company should atleast raise or change the price in which shares are sold. make it 7 why 4.25? but they have become greedy.

I agree 4.25 is a very bad number...
they should have set the bar well over $5.
however with that being said... the smartest course of action for every investor is to take a little off the table once you have made solid gains.

patent litigation is a very risky game.. and even though VRNG have won every battle in the courts, they are dealing with forces which are much more powerful than the US legal system. That much should be plainly obvious to everyone by now. So considering what we are up against its hard to blame them for doing what any rational investor would do.

We investors should just set our bar lower than theirs so that we make sure we get a piece of that pie before it deflates again.

[654321]

O' come on now...lets take a look at 2013-5/2014 for one person John Engleman (Director)

31-Mar-14-9,375-VRNG-Automatic Sale at $3.49 per share (Proceeds of $32,718)
3-Jan-14-9,375-VRNG-Sale at $2.96 per share (Proceeds of $27,750)
30-Sep-13-9,375-VRNG-Sale at $2.88 per share-(Proceeds of $27,000)
26-Apr-13-9,375-VRNG-Sale at $2.87 per share-(Proceeds of $26,906)
28-Jan-13-18,750-VRNG -Sale at $3.22 per share-(Proceeds of $60,375)

He sold 56,250 shares for $174,749. Big deal he still owns as of 3/31/2014 205,326 shares worth at todays market $640+k.

Could you tell me if you owned as a director you wouldn't sell anything just to prove some point to investors? I'm not trying to argue with you I just don't see it the way you do. I don't feel any company officer especially a small stock like VRNG should have to be required to hold his stock just to appease an investor. In some small way he is doing exactly what every other investor should've or should be doing.

PLAYING the stock.