Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Unfortunately, the first post reeked of a setup. Before he was back, so soon after to report his 'findings', I was certain he would be back with the negative report. And he was, we just didn't wait as long as expected.
As you know, a typical method for bashers is to work multiple angles and try to get people to believe something, anything, that will make them sell. That is easily observed by certain posters that do multiple drive-by postings of suspect honesty in a row. And this will especially occur before a CC, because for all the short bravado, they are likely not holding short through a CC, just in case. I'm expecting a rise in the share price until the CC occurs, if for nothing else but risk averse shorteez (lol).
Not talking about you, stpioc. From what I can tell, you just don't like being questioned. ;)
Post a link to said offer. That is ridiculous.
Yep, best if people can see things without immediately judging based on source. Have to admit, it was not easy for me to see the possibility of it dropping this low due to missed expectations. However, easy to see at this point there has been too much rah-rah, not enough touchdown. Not that I'm selling and bailing, mind you. I won't be happy if I end up losing money on this, but it's not going to crush me. And yes, there are some good people are in this stock...
Taking people's quotes and putting them on one of your personal twitter attack accounts is serious provoking. I don't believe henjo has attacked you (could be wrong) and I recall in the past you have said you were only nasty to those who were nasty to you.
Maybe you should revisit that practice. Or stop claiming it.
It moves the needle by showing incremental wins, and reporting the spreading use of the technologies owned by Sphere3d to other companies that might be interested in Sphere3d's said technologies, but want to know if anybody is even using them, and what their initial comments/thoughts are. But I'm sure you knew that.
You sound like a third, or fourth, or fifth reincarnation of derek. And similar pattern to bill joy's first appearances. Initial comments of praise and then a mere few posts later, a complete switch to bashing the company and the tech. And finally, mentions of View and Horizon, right on cue. Kudos. So clever.
Yes, exactly, the company should stop telling shareholders of wins. Especially to the shareholders who are so restless (who are they again?). That makes a lot of sense.
I don't recall any true shareholders complaining about the most recent PRs. Quite the opposite, rather.
Sounds slimy.
Glad you're on record stating that and have more to base your comments off of regarding investing in $ANY.
Thank you.
Youtube video: Sphere3D Brings Industry First Windows Containerization Platform to Azure
Thought this was relevant...
This Is How You Make Hundredfold Gains in the Market
By Chris Mayer, editor, Mayer's 100x Club
Wednesday, August 12, 2015
"Every human problem is an investment opportunity if you can anticipate the solution," the old gentleman told me. "Except for thieves, who would buy locks?"
I just met this remarkable fellow, full of wisdom on investing, yet hardly known beyond a small group of fans. His name is Thomas Phelps, and he's had quite a career. He was the Wall Street Journal's Washington bureau chief, an editor of Barron's, a partner at a brokerage firm, the head of the research department at a Fortune 500 company, and, finally, a partner at Scudder, Stevens & Clark (since bought out by Deutsche Bank).
Phelps retired in Nantucket after a varied 42-year career in the markets. Along the way, Phelps figured out a few things about investing…
He conducted a fascinating study on stocks that returned $100 for every $1 invested.
Phelps found hundreds of such stocks, available in any single year, that you could have bought and enjoyed a 100-to-1 return on – if you had just held on.
This was the main thrust of our conversation: the key was not only finding them, but keeping them.
His basic conclusion can be summed up in the phrase "buy right and hold on."
"Let's face it," he said, "a great deal of investing is on par with the instinct that makes a fish bite on an edible spinner because it is moving." Investors, too, bite on what's moving and can't sit on a stock that isn't going anywhere.
They also lose patience with one that is moving against them. This causes them to make a lot of trades and never enjoy truly mammoth returns. Investors crave activity, and Wall Street is built on it. The media feeds it all, making it seem as if important things happen every day. Hundreds of millions of shares change hands every session.
But investors need to distinguish between activity and results. "When I was a boy, a carpenter working for my father made this sage observation: 'A lot of shavings don't make a good workman.'" As you can see, Phelps is a man of folksy wisdom.
"Investors," Phelps continued, "have been so thoroughly sold on the nonsensical idea of measuring performance quarter by quarter – or even year by year – that many of them would hit the ceiling if an investment adviser or portfolio manager failed to get rid of a stock that acted badly for more than a year or two." What investors should do is focus on the business, not on market prices.
Phelps showed me financial histories of a long list of companies – earnings per share, returns on equity and the like. No stock prices. After one example, he asked, "Would a businessman seeing only those figures have been jumping in and out of the stock? I doubt it." But if they just sat on it, they'd be rich. And this is the nub of it.
Phelps is not a fan of selling good businesses. He talked about how his friend Karl Pettit – an industrialist, inventor and investor – sold his shares of tech firm IBM many years ago to start his brokerage business. He sold them for a million bucks. That stake would eventually go on to be worth $2 billion – more than he ever made in his brokerage business.
Phelps also told me the story of how he sold his shares of former filmmaker Polaroid to pay a steep doctor's bill of $7,415 back in 1954.
"Here is the confirmation of the sale," he said, and he keeps it as a reminder of his folly. Less than 20 years later, his Polaroid stock was worth $843,000. That's an expensive doctor's visit. Phelps also stands against market timing. He told me about how he predicted various bear markets in his career.
"Yet I would have been much better off if, instead of correctly forecasting a bear market, I had focused my attention through the decline on finding stocks that would turn $10,000 into a million dollars." Because of his bearishness, he missed opportunities that went on to deliver 100 to 1.
"Bear market smoke gets in one's eyes," he said, and it blinds us to buying opportunities if we are too intent on market timing.
"He who lives by the sword shall perish by the sword," he added. "When experienced investors frown on gambling with price fluctuations in the stock market, it is not because they don't like money, but because both experience and history have convinced them that enduring fortunes are not built that way."
Phelps showed me a little table that reveals how much and for how long a stock must compound its value to multiply a hundredfold:
Return
Years to 100-bagger
14.0% 35
16.6% 30
20.0% 25
26.0% 20
36.0% 15
You'll note these are very long holding periods – especially in an age when the average holding period for stocks is measured in months – but that's the point. The greatest fortunes come from gritting your teeth and holding on. You'll also see it's a fairly high hurdle to get to 100-bagger status. You need high growth for a long time.
For example, farming-equipment store Tractor Supply grew earnings at a rate of 23% per year and became a 100-bagger after just over 12 years. Energy-drink maker Monster Beverage became a 100-bagger in just 10 years – a remarkable feat that required a 50% annual growth rate.
Phelps advises looking for new methods, new materials, and new products – things that improve life, that solve problems and allow us to do things better, faster and cheaper. There is also an admirable ethical streak to Mr. Phelps' style, as he emphasized investing in companies that do something good for mankind. This requires looking beyond past figures.
"There is a Wall Street saying that a situation is better than a statistic," Phelps said. Relying only on published growth trends, profit margins, and price-to-earnings ratios is not as important as understanding how a company could create value in the years ahead. Phelps is quick to add he is not advocating blindly holding onto stocks.
"My advice to buy right and hold on is intended to counter unproductive activity," he said, "not to recommend putting them away and forgetting them."
Now, I have a little confession to make about Mr. Phelps… I didn't actually meet him. He has been dead since 1992, reaching the ripe old age of 90. Every quote above comes not from a conversation, but from his book, 100 to 1 in the Stock Market: A Distinguished Security Analyst Tells How to Make More of Your Investment Opportunities, published in 1972.
I recommend the book, which is a pleasure to read and has plenty of good ideas, analogies, and stories. They are particularly relevant now, given all the trouble in the world. I am inspired by Mr. Phelps' philosophy of buying right and holding on. You should try to do more of that, too.
Regards,
Chris Mayer
Did he just end that segment by saying they also retract the forward-looking guidance from the February CC?
That deserves a geez.
Would you prefer ANY reported earnings on a different schedule, like say weekly? How about daily?
Even that will likely not satiate yours and others' thirst for immediate information and stock appreciation. If you'd paid attention to only one piece of information, the company's projection for 4th quarter revenue, you would know real earnings are not expected until then.
I'm reservedly about 25% excited for 3rd quarter earnings since only half the package is on Azure, and we're already halfway through the 3rd quarter. Of course, then the product will take time to be accepted and adopted. Which means 2nd quarter will most likely be similar to 1st quarter. I'll be glad to be proven wrong.
Thank you for the recap. I don't have time to listen to the calls on a regular basis so this really helps!
I've seen data that shows the market continues to climb for an extended period of time once the Fed begins to increase interest rates, after an extended period of time of low interest rates.
It does not signal the immediacy of a bear market at all.
Please not yet. I'm hoping that it gets down to the mid-.70s, or lower. I'm considering getting back in around there. Of course, now that I mention that, it will never drop that far and I'll either be out or forced to chase it. Hah.
System on a Chip.
System means graphics processor as well as computer processor, as well as any other ancillary items that could fit on the chip that will allow less space and power usage by the SOC. A chip means a single chip, rather than multiple chips (a chip for gpu, a chip for cpu, other chips for other things, etc) which is typically done for desktop computers.
I believe justfacts is referring to the possibility of GW on a chip, but I think the SOC usually refers to what I wrote above.
You're right. I wasn't pointing it out to you specifically, rather noticed it under Keen's tweets and thought of the all the lauding of 'billjoy's' tweets. To me it seemed transparent that he wasn't who he said he was, but some took it and ran with it - which was funny to me even if it does a disservice to the company.
More info is good, since we really don't have what we're craving. Hence, the crazy speculation by some.
I just read killjoy's tweets...oops, I mean @billjoy72. Reminds me of zigzag's constant badgering, wordplays and deceit. It's amazing to me that so many people are taken hook, line, and sinker by an anonymous tweeter's messages, especially after the initial tweets were extremely harassing and negative toward Glassware. It was good to see Michael Keen's responses dismissing @billjoy72's antics.
I know we all want to see positives out there about the company in what some people see as a quiet period, but it's only been two weeks since the bell ringing and presentation with Microsoft. Let it happen.
And, of course, if ANY decided to continue with Corel the new bash would've been something along the lines of "Corel is all you could get? They're not worth the time, they have a tiny user base, small fry, etc. If ANY landed something with Microsoft, that might make someone notice."
Yada, yada. Yada. Not worth the time to argue with. The narrative will change upon every refutation of the bash, and a new bash will take its place. Questions will remain unanswered unless it fits the bash/narrative or a mean-spirited retort can be made, such as corrections of spelling or grammatical errors, which is quite petty. Rubbish, really.
ANY, on the other hand, is actually starting to get exciting with the announcement of the Novarad deal, and will continue hopefully once specifics of the Microsoft deal are brought closer to the surface.
Hey Justfacts,
I believe you are the yahoo groups Sphere3d list admin.
I apologize for suggesting a different forum other than yahoo groups for disseminating information. It wasn't meant to rile anybody up, and I certainly wasn't insulting anyone. Maybe a second chance is possible? If let back in, I won't post anything anymore...just appreciate the ability to read more about my investment.
Thanks.
cabel on this board already said he is Patrick, pay attention norcal :)
Probably my favorite question/answer of the call. Thanks for asking.
Sounds to me like Microsoft has been confirmed as the keynote speaker, and they just got ahead of themselves in putting it on the website early.
Here's the call-in option.
Dial in Number: To access the live call, dial (888) 427-9419 (US and Canada) or (719) 325-2435 (International) and give the participant pass code 5893828.
I have seen you post before that you are more than willing to change your position if you can be convinced. It doesn't seem you want to be convinced...rather that you want to argue your point only and change subjects or tactics when you are answered by the relatively highly informed technical and non-technical well-meaning posters here and elsewhere. For that reason, I find it hard to believe that you are being honest.
You're pretty good at tearing things down. I imagine you could do a much better job building the case for ANY, if you wanted. Maybe there's more money to be made in the current volatility and swings and you'll probably be a bull when the financial benefit is greater than playing swings.
Once below the 5% threshold for reporting, an entity such as Pinetree is no longer required to report except for the purposes of informing their own shareholders, which could happen as a PR or during the quarterly report...if I recall correctly, which I believe I do.
And, further, as hugo or some other loathsome alias has been quick to point out, that Pinetree has been under the 5% ownership reporting requirement for some time now, so 'Pinetree could be dumping everything and you wouldn't know until it's too late'. Saw something like that back when Pinetree went under 5% ownership. That was part of his shtick of FUD...oh noes Pinetrees could be dumping and you don't even know it (aka maybe Pinetree, an insider, is dumping everything because they know something you don't, and you're left holding the baaaaggggggg, you stupid bagholders!). LOL
Wife said we received a pack of Red Sun in the mail as well. Will be bummed to see that they are 100% filters, haha.
I believe I saw that when it happened. It was a tweet, and was a great shot across the bow. zigzagjones never bothered her again.
It occurs to me that you are once again either lying or speculating wildly. It says nothing in that article anywhere about Sphere3d or Glassware.
Prove it.
What ridiculousness. Please don't pollute the board with such BS.
I and surely others appreciate when people ask PB for clarifications such as these, because to me it lays to rest one of the only remaining questions about Sphere3d and the tech it claims to possess: is there any competitor out there with a similar product, a product to be worried about?
So far, the answer is resoundingly no.
Thanks!
I think the distinction needs to be made that the source needs to be available for GW to run and distribute the app(s), but no source code needs to be modified or rewritten in order for the app to work and be distributed.
Light in tar/burn in back of throat, not light in nicotine.
NKerf could be right about preconceived notions and differences between smokers/non-smokers, but people also have different tastes. For that reason, I think my smoker friends may really like them since they smoke consistently, and smoke lights already.
I am not very sensitive to nicotine, or caffeine, or a lot of things, so 1-3 cigarettes didn't faze me.
I was able to finally buy some packs of Red Sun this weekend while attending the Ironman race in Oceanside. I waited until after the race to smoke. :)
To be honest, they weren't bad, but I wasn't super impressed. That's not to say that others won't be impressed, but they weren't really my type of cigarette. My 'type' is more of a straight Camel filter. That said, I didn't dislike them, but as I couldn't feel much as I inhaled, it felt like I was smoking a light cigarette. Camels are pretty harsh, and I may have grown accustomed to that experience. Virtually all my friend smoke light cigarettes, so it's very possible they will enjoy Red Suns. I'll find out when I gift away all the packs next weekend.
One other comment regarding smoking Red Suns: I quickly wanted another one. Not sure if that was due to the increased nicotine or just my mind trying to get me to smoke. Smoked 3 and done.
Smoking is very much a rare experience for me nowadays...it kind of impedes athletic training they say.
That was my point about options in a post I made a while back. Not that I'm expecting a short squeeze to be the reason for the rise in price, rather that I would've liked to see the scum take a financial hit in the process. The share price will rise as revenue rises and profitability enters in the future, that is not a worry to me.
It would've been nice if the company would've given us better news during the CC; the kind of news that has real impact.
I also would opine that there were no technical difficulties in getting callers in the queue to speak during the Q&A session...if there were technical difficulties, then how were they able to get the two most important analysts (sorry Scott) in the queue but somehow not a single other person? Stinks. Seems like it was known ahead of time who would be allowed to ask questions, even if they were virtually unintelligible and softballs.
By the way, any 'technical difficulties' in getting unexpected callers' questions blocked from the CC is okay with me. As much as want to see many of the questions listed here answered, it would be much worse to see a CC derailed by a malicious, nasty, cockulorum such as DS or keubuko. *That* could inflict a lot of unnecessary damage.
I found this at least 24 hours ago, if not Friday (can't remember when).
http://investors.sphere3d.com/phoenix.zhtml?c=108165&p=irol-newsArticle&ID=2027026
Has the phone # and info for the CC.
That's good, I guess. Really, I would never pay for any Seeking Alpha tripe, not when articles are laden with half-truths while pertinent info is absent. If SA would stop the hit-and-run blogs like this and support true information sharing, it's likely the website would be more popular and not heavily criticized a la Cramer, dropped from yahoo's favor, etc.
No wonder scam artists like Keubiko/bonkthegrups/k2climber/etc/etc inhabit the festering cesspool known as SA in order to disseminate their blather. Too bad we have to visit the site and defend $ANY against BS such as that. Pennies for clicks for him, at least. :)
$ANY
Thanks!
I'm gonna hit up a store in the north San Diego area and pick up maybe half a carton to pass out to some friends I'll be meeting up with in a couple weeks.
Contacted Kretek today, and spoke with a nice woman regarding availability of Red Sun here in Southern California. There are still no stores carrying the product here in Ventura County, but as mentioned by other posters, there are a few elsewhere in SoCal. I did ask for the names of a few stores and contacted one, gave them my info and asked them to either start carrying the product or just order me a carton so that I could give individual packs to friends. If luck prevails, a carton should be in my hands soon.
The lady at Kretek mentioned, in passing, that the sales are doing "really well" before I let her know that I was invested in XXII and that was my angle. Upon asking what really well means, she said that there were only 5 stores in California alone that were carrying Red Sun last month, and that it is up to 30 stores in California this month. She hinted that sales must also be going well across the rest of the country, if they are increasing similar to California's sales. I even detected a possible small amount of enthusiasm from her... :)
Sounds good. Still out of the stock, but might get back in in the future.
My prognostication is that after there are at least two quarters of improving revenue, we will begin to see serious share price increases. I'm going to hold any whining about share price until at least that point. Q4 2014 is going to be difficult to use reliably as an earnings benchmark. Q1 and Q2 2015 will have the combined Sphere 3d companies working together in a streamlined manner that will allow quarter-over-quarter comparisons to be made much simpler. As much as we all wish the share price would begin it's upward trend today, or even with the upcoming earnings release, it shouldn't be expected until at least the Q1 2015 report. Expects spikes and slow returns to lower prices until then. Of course, I don't mind being wrong.
Well, since I'm very close to Malibu, yes, smog is much greater than normal for me, and there should definitely be smokers here that can afford Red Suns. :)