Replies to post #32270 on XpresSpa Group Inc (XSPA)

[hoggydog]

Looks good.

[xlt leader]

Yes I see that. June 15 $3.30 one month later $5.60...big boost

[tobinator00]

Antares Pharmaceuticals prior to the announcement had a ticker AIS on the Nyse - Amex board, then changed its symbol to 4 letters to ATRS on June 15th.

http://www.antarespharma.com/files/9913/3898/7697/NASDAQ_Listing.pdf

Here is a chart of that time frame:
http://stockcharts.com/h-sc/ui?s=ATRS&p=D&yr=1&mn=2&dy=0&id=p02219661437&listNum=3&a=299758471

They did announce some positive news on June 26th but the market yawned that and the few following days. No other news is responsible for the price rise to $5.58, thus we can say the NASDAQ announcement had a strong influence on the stock.

Note: It took about 6 weeks for the stock to hit its peak after being announced. This would place Vringo's timeline roughly at the end of May. With a probable announcement of Vringo's addition to the Russel 2000 Index in early June and inclusion in late June, we have a fairly positive backdrop regardless of fundamental news.