Replies to post #39775 on XpresSpa Group Inc (XSPA)

[FOX85]

I would love to hear from HJJ regarding the RR by tomorrow or Tuesday. Although Friday was a very strong day, I still get nervous about the SP after a positive news release. I've read some crazy numbers this weekend...going to "$10" "$15" etc. by Monday...I think many are just very excited. I am still a bit cautious. If there is no RR ruling, I would like to see us maintain above $3.50 for tomorrow.

[arper]

USPTO ruling increased pps based from 2.90 to about 3.+ as one uncertainty was removed. Most recent HJJ ruling removed another piece of uncertainty (no news = uncertainty, and the ruling was in VRNG's favor) and baseline pps shot up another notch. I don't know if the new baseline will be 3.5 or 4+ or more. With every piece of uncertainty removed in a positive ruling, VRNG's pps is constructively advanced. HOWEVER, to me, there is still TONS of uncertainty that may prevent large institutional purchases. Witness Postyle's stance. He is knowledgeable and does not want to commit portions of his hard earned $$ until more uncertainty is removed. His conservatism is (to me) quite possibly reflective of larger institutional thinking that is well reasoned, not as governed by emotion, and looking at a bigger picture.

arp