Replies to post #29881 on XpresSpa Group Inc (XSPA)

[acrazjo]

Any gap would likely get filled, I only see a smallish gap anyway. Might open up 8 or 10 cents higher and run to maybe 3.4 to 3.5 before pulling back to the gap. End of day should be higher then todays close though. No news and we may slowly erode for a while. This is great news but not definitive with a number behind it. Still beats so many red days in a row and this is all a wild arse guess anyway. But it could be argued that the stock is now worth about a buck higher as of this news, about 50 to 60 cents to go. Good luck and this is wicked good news!

[xlt leader]

I have been questioning the lack of movement in the short position for a while now. Most of the position was established by the trial date in November about 13 million actually. They only added 2 million shares since then and the last report was an insignificant 3300. Now this is greed in reverse. Longs get greedy when they should take some profits when it is there and shorts are no different. They got greedy. Having said that it is still surprising that there was not any significant short covering, (I do not believe there was anyway) over a long week-end. This news about MSFT as I discussed yesterday I did not believe that MSFT would ever go to trial, rather I thought they would come to the table once JJ ruled. This tells me (would like your legal opinion Bsav88atty) that Vringos case is strengthened. Microsoft had to come to the conclusion that they are infringing, after reviewing the patents and the Google case, yet Google still denies they are/were even after the jury verdict through their motions. The story for a shareholder will only get better now. The long suffering longs have been rejuvenated and refreshed. There will be a rash of new buying Monday from the week-end scanners and friends of friends etc. Why would a short risk losing more profits by not covering today? The only explanation I find is greed and arrogance.