Sphere 3D Corp. (ANY)

[jockinmikeg]

I think SH overreacting a bit b/c they are upset the Q&A was limited to analysts - this was probably intentional on their part, likely advised by legal counsel, so that nothing material not previously PR'd was discussed. Standard "C.Y.A" approach.

The numbers were in line with what everyone thought. Revenues exceeded company guidance. They delivered on that.

Company still provided guidance for $160m RR for FY2015, which is greater than the whole company is worth right now.

No reason not to believe that now. Doubt EK and Co. would throw that number out there, knowing credibility is at stake.

I legitimately don't know why the pps tanked other than longs' feelings hurt, compounded by opportunistic hedging on the other side of the trade.

Either way, thanks to whoever for the $3.80s.