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It's pretty obvious at this time the choice here is to believe management or believe the shorts..
I'll stick with Peter Bookman and the experienced core management team assembled from the likes of HP, Fusion-io, 3Par, Asurion,Snap appliance, Sonicwall, IBM, Realm Systems, Adaptec, NetApp, Maxtor, and Dell.
This quote says it all for me "containerization has taken off quickly to become the latest megawave. It has not just been a joy to watch develop but a validation of the founders vision for Sphere 3D, and the reason I joined the company to begin with."
Peter Bookman
Adding a few more shares this week as money gets freed up, way oversold and shorts are out of ammo imo!!
Our short clan is over bombarding AGOACOM twitter, lol. These people need a wake up call and soon!! I can hear it now when ANY$ breaks that $160 million, "oh well, guess we were wrong". That's it!! Hopefully wrong and broke!
Yes agree, with Dale Borland there now and finally seeing a excellent quality video definately peeks the interest! These prices are attractive also. Here's hoping this recovers big for all those who held long term!!
Hi brooklyn, glad to see you here! Hope for everyone involved here that Destiny is starting to turn the corner! Tiny market cap with sales would make for a solid buying opportunity at these levels.
She awakens!! Very impressed with the demo on clipstream.com! This is the first time ever that any of their video's looked like HD quality and my internet is bad! Going to have to take a hard look with Borland taking things to the next level! GL longs!!
LOL, forgot how to spell shhhh in my previous post, classic!! Shhhh :)
The next few months will be very interesting!! I'm on the opposite of those upset and complaining. I'm adding shares to the stable when everyone is frustrated :)
Seems like a great opportunity to stuff some shares under the mattress before May/June, sheeee! How many $127 market cap companies will have Microsoft on hand for ringing of the bell and keynote? :)))
Great , thank you!
Does anyone know the true O/S as of the split? TIA
HTFBS is still bullish on XXII and still covering. Not much to post about until things pick up! Hope soon!
Can't copy and paste it as it was copyright material: Bottom line they said 4th qtr in line with preannouncememt. Reiterate $160 million guidance, strong early with NAS and RDX products first half with V3 /Glassware building revs for 2nd half of year to reach targets! Sees strong year with the Overland/Tangberg integration complete, new products in large channels, large growth from now on with improving margins going forward. Very positive summary!
Guess you missed Cormark Securities comments the day after the call. Be careful!!
Post of the day donk!! Completely agree! Looking forward to those weak hands today chasing this later :)
Smart money coming in or shorts saying this is as low as we go? This market cap is cheap for what the future holds, I wouldn't sell one share!!
Anyone with a clue about what the company is involved in would jump at these prices, the past is behind us and the future looks strong a lot stronger the $135 million market cap! GL
Sounds like Cormark was impressed and very interested in then future! The market cap is now $135 million, this it getting very low and the shorts know it. IMO the bottom is very close, if you believe the future is bright selling here would be a huge mistake jmo!
Excellent thanks Lucror for explaining that! That one vertical could turn into massive revenues!!
I think you hit the nail on the head silverline! Sometimes being early to the party is great but nothing happens over night! One thing for sure is management and the Sphere team has worked their butts off for over a year, now it's time to cash in this year! For all we know they could be in buyout talks with Microsoft or Google and felt answering many questions wasn't needed. Wouldn't want to be out of the stock when that buyout price came out!
Excellent what was the $200 for?
Roth Capital actually was covering Overland before the merger and I believe that was the same analyst on the call Krishna Shankar.
Roth Capital Maintains Buy On Overland Storage Following 4Q14 Results
September 24, 2014 8:18 PM EDT by Corey Williams in Insights • Technology
In a research report issued today, Roth Capital analyst Krishna Shankar maintained a Buy rating on Overland Storage (NASDAQ:OVRL) with a price target of $4.43.
Shankar observed, “OVRL reported 4Q14 revenues/GAAP EPS results of $24.2 million/$(0.42) versus our $24.5 million/$(0.33) estimates. We believe that OVRL’s pending merger with Sphere 3D Corporation (Nasdaq: ANY) may create a leading virtualization, data management/storage platform company . We believe that OVRL and Sphere 3D are making good progress on platforms combining OVRL’s storage products with Sphere 3D’s Glassware cloud/ mobility virtualization platform and V3 desktop virtualization appliance. The deal may close by Oct/Nov 2014 with 65% of OVRL’s shareholders supporting the deal.”
According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Krishna Shankar has a total average return of 14.2% and a 62.5% success rate. Shankar has a 2.7% average return when recommending OVRL, and is ranked #331 out of 3300 analysts.
The problem is both analyst know EK and PT very well. Each company lead Sphere (Cormark) and Overland ( Roth Capital) in their merger. They can sit down with them tomorrow and discuss each question in detail. As for us we are left to wonder.
One request followed by many opportunities in 2015:
My request is for whoever wrote this letter needs to do all CC's going forward. Read the letter again and it gets me fired up, today's verbal session not so much!
http://finance.yahoo.com/news/sphere-3d-provides-business-open-133200276.html
This is written but sounds explosive :)
In addition, with all these new “data creators” now online, we are seeing an incredible data explosion. With data production expected to grow 44 fold between 2009 and 2020, there is enormous pressure on enterprises that are responsible for the storage, protection and management of this unstructured data. Consequently there is a significant market opportunity for us to assist organizations to address these problems and we find ourselves well positioned to do so.
We believe the investments we have made in our proprietary containerization approach to virtualization, distributed hyper-convergence, and scale out data management architectures, are disruptive forces that can challenge the status-quo in IT. Going forward, the tenets of our growth strategy encompass leveraging our 30 years of innovation to deliver leading edge technologies, accelerating adoption of those technologies through our world class distribution and partner ecosystem, and expanding our strategic partnerships to deliver new business models and services.
The next 3 months looking ahead!
April 3rd should be the 10 day for the undeclared shares.
Approx May 15th 1st quarter results
June Nasdaq and sounds like new products show and tell, should be a large event.
Possibly other shows before then.
Katcher joins Google rep today looking for opportunities with Sphere?
Much more to learn about the Microsoft deal.
Comatose posted a bunch of new interesting developments from the website regarding V3 and new Desktop Cloud Orchestrator software.
Possible MASSIVE opportunity here: In the Managed Service Provider (MSP) segment we are working with Ericsson and are at various stages of proof of concept (POC) and pilot programs with some of North America’s leading telecommunication companies.
So bottom line, we knew what the old was and we invested in the new, the new still looks GREAT!!
Not sure you are breaking news there, we all knew that past wasn't impressive, we are invested for the future and that doesn't mean tomorrow!
When you call in you have to give your name and info, maybe Derek Smith the Sphere 3D stalker was in the queue, I would end the call there myself! Just speculating, why they rushed through the Q & A, possibly smart but definately not shareholder friendly. Hard to do a great CC when the company is under attack.
Although, when the business fundamentals take over and the shorts/stalkers disappear management needs to takes some lessons on how to conduct a CC! IMO that was not good for whatever the reason! And yes they need to hear about it from shareholders! We are the company!
These are companies that have had analysts covering Sphere and Overland in the past Roth Capital and Cormack Securities. It will be interesting if any or more of these analysts ask questions tonight.
Great post, we have to remember this is last year and last quarter, not first quarter number! I believe you to be spot on, could surprise alittlw but guidance is crital for future!
Another excellent post! I can assure you the Glassware is at the forefront but just the beginning! The tape business is a solid revenue producer but not going to change the world. I've have spoken to management regarding this exact thought process.
One other note, management has focused on getting Glassware in front of eyes of the majors in many verticals instead of shouting from the roof tops that they have this disruptive product. This is why you see us landing these deals early on and why a lot of people have no clue what Glassware truly is, a very smart move by management again!!
"I hope mgt. keeps that fact in the forefront of their thinking"
I agree but it's very early in the game and I believe we're off to a blazing start. Let's see where were at after the 2nd quarter!
These shorts are unreal, they short the stock, put uninformed hit peices out then tweet Katcher looking for answers, they have no clue what they got themselves into here and are grasping for answers before they get whacked!
Jason Katcher ?@jkatcher74 12h12 hours ago
$ANY being flat is good sign w Seeking Alpha piece. Stock went from 7s to 4s in 2 weeks. Isn't that a win for shorts? Earnings call 3/30.
Zig Jones ?@zigzagjones1 10h10 hours ago
@jkatcher74 I read the piece, thought it fair & balanced. Tell us: did Sphere sell 30k Cbooks to CCPS, has CCPS deployed 30k users of GW
Jason Katcher ?@jkatcher74 9h9 hours ago
@zigzagjones1 was only speaking about muted stock reaction. CCPS has a very large Chromebook deployment. Cannot speak to usage of @Sphere3D.
Zig Jones ?@zigzagjones1 9h9 hours ago
@jkatcher74 I appreciate that. As someone close to the fire, perhaps you can help us. Does CCPS use GW? Does New Caney? #confusedinvestor
Jason Katcher ?@jkatcher74 8h8 hours ago
@zigzagjones1 Again cant speak for @Sphere3D in Chesterfield, but there is plenty of PR around what Dustin in New Caney did with it.
Zig Jones
?@zigzagjones1
@jkatcher74 Have reason to believe that as with CCPS not all is what it seems there either. Hard to reconcile 30k users vs none at CCPS Tnx
It wouldn't force the legal shorts to cover only any naked shorting that possibly went on when Sphere was trading on the TSX. Those and all shares will need to be accounted for. Not sure about the 10 days, sorry!
Did anyone hear that Sphere is meeting with Google on Monday and we'll get earnings and our first conference call under Eric Kelly? Looking forward to Monday!
Excellent post danross! The stock went from $7 to $4, lol are you kidding me. If everyone sold based on that logic no one would have ever held Microsoft, Google, etc in the early days.
This group is holding out for earnings failure, time for Spiffy to wake Wall Street up and force these morons to cover!
This is one ballsy group that's for sure!
Well looks like it's managements turn up the heat on the shorts on Monday, they don't seem to be any rush to cover. Looking forward to our first conference call with EK!
Gotcha, all I saw was you responding to Lama. Why don't you start tapping the ask at the close and get some shorts to cover :)
That was no ploy SE, that 9k bid at $4.36 was my brother adding to his stable of shares. I told him to smack the ask but as usual he didn't listen :) Although he didn't have to chase it, it took off after he bought!
Looking forward to Monday and putting the emphasis back on Sphere and the amazing job management is doing building the foundation for shareholders and the company!
ANY naked shorts are running out of time to reconcile, we'll see!
Monday back to business with earnings and CC!!
Green on invisable shares, lol...could get squeeze today?? Should get interesting!
If we go green today and come out swinging Monday with solid earning and great CC, the shorts are cooked!
#BACKFIRE