Summary
- Necessity is the mother of invention and XSPA fits that bill.
- A conversation with CEO, Doug Satzman offers additional insight and clarity.
- Investors are being short sighted by focusing solely on testing.
- Airports need a long-term health and wellness presence.
Nobody ever said that selecting stocks from the pool of companies living in the micro cap space was easy or remotely stress free. Uncertainty, fragmented, lack of transparency and the eerie feeling of being in the dark are all characteristics of the most speculative of these companies. Now throw in liquidity concerns, which is the scariest of all characteristics that haunt most small companies touting the promise of green pastures. As any investor out there holding shares of XpresSpa can attest, this one offers extreme levels of frightfulness on all fronts. The best approach to combat these chilling feelings is to take a deep breath, turn on the light and objectively rationalize the situation
