Replies to post #55876 on XpresSpa Group Inc (XSPA)

[postyle]

0.5% chance?

that's less than 1% chance and I think that is too pessimistic

I would guess closer to 20% because of Chen's dissent and other factors of the case, but just a guess...no way to accurately handicap the odds here

not the best odds, but considering so much negativity already baked in, some might like the risk/return with the PPS in the $0.60s

Granting the en banc review has .5% chance

[nsomniyak]

We were at $3.00 during the appeal because there was strong sentiment (at least among people here) that VRNG had a very good chance of winning the appeal--at least 50/50 and higher for VRNG in the minds of many longs.

The chances of an en banc going in VRNG's favor, if granted, would seem to me far less (stats posted here suggest less than 10%?), and for that reason I don't think we would get all the way back to where we were before the CAFC ruling.

I'd love to see $3, but I am tempering my hopes based on what I see as a lower percent of winning, therefore a higher discount rate.