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" I'm surprised she didn't mention the curtains, wall paint colors or type of coffee. Wow"
Yeah, but she did say that the taxi ride there was overpriced. I usually do take that into consideration when deciding whether or not to invest in a stock.
It looks like this SS article was so "over the top" transparently fraudulent that even Seeking Alpha seems not to have run it, even though they have done so with previous StreetSweeper anti SPIHF articles in the past.
If that is the case, SA will have taken a step up the ladder of respect in my opinion. Of course if it shows up there tomorrow, then I would have to say NEVER MIND.
Can't wait for the next installment of StreetsSweepers epic series: "SPHERE 3D UNMASKED"
In it our heroine Melissa will reveal that the Corporation was actually founded by a group of vampires from Transylvania and a group of Aliens from Roswell, NM.
In a lab this evil cabal created GlassWare 2.0 which is really a secret weapon of the Devil which will destroy any computer coming within 10 feet of it.
Man kinds only hope is that all SPIHF/ANY shareholders immediately sell all their shares so that the company will go broke and this horrible threat will be thwarted.
This fantastical Nasdaq Closing Cross thingy seems to be just a method that results in the institutions being able to buy stocks being added to the Russell at substantially lower prices than what they were selling for at the end of the day, and to sell stocks being dropped by Russell for higher prices than what they were selling for.
Just another way of trying to screw the "little guy".
Two examples:
MITK (being deleted from Russell) went from $3.23 to $3.54
and of course
XXII (being added to Russell) went from $3.74 to $3.42.
<How'd they come up with 3.42?>
"The Closing Cross brings together the buy and sell interest in specific NASDAQ, NYSE and NYSE Amex stocks and executes all shares for each stock at a single price, one that reflects the true supply and demand for these securities."
Well, we just witnessed the NASDAQ Closing Cross
NASDAQ Closing Cross Calculates U.S. Russell Indexes for the Eleventh Consecutive Year for Russell's Annual Reconstitution
By GlobeNewswire, June 27, 2014, 04:35:00 PM EDT
Vote up AAA
NEW YORK, June 27, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the NASDAQ Closing Cross was used for the eleventh consecutive year to rebalance NASDAQ-listed securities in the entire family of U.S. Russell indexes during their annual reconstitution. Approximately 810.6 million shares representing $17.9 billion were executed in the NASDAQ Closing Cross in 575 milliseconds across some 2,304 NASDAQ-listed stocks.
NASDAQ official closing prices (NOCPs) determined by the NASDAQ Closing Cross are widely used throughout the industry, by Russell Investments, Standard & Poor's, Dow Jones, and mutual funds across the country. The NASDAQ Closing Cross mechanism provides market participants with transparency and consistent prices with the dissemination of imbalances, indicative and likely clearing prices every five seconds via the Net Order Imbalance Indicator. NASDAQ OMX's INET technology platform processes accurate closing prices for the industry in microseconds.
"NASDAQ OMX takes pride in its performance engineering and the ability of our electronic trading platforms to handle large volumes and high velocity quickly and efficiently," said Tom Wittman, Executive Vice President and Head of Global Equities at NASDAQ OMX.
He added, "As the official platform for NASDAQ-listed stocks in the Russell reconstitution, the NASDAQ Closing Cross generated accurate closing prices during one of the heaviest trading sessions of the year."
The Closing Cross brings together the buy and sell interest in specific NASDAQ, NYSE and NYSE Amex stocks and executes all shares for each stock at a single price, one that reflects the true supply and demand for these securities. All nationally-listed securities are eligible for the NASDAQ Closing Cross.
The Russell U.S. Indexes include only common stocks incorporated in the U.S., its territories, and certain countries or regions offering U.S. companies operational, tax, political or other financial benefits. All Russell U.S. Indexes are subsets of the Russell 3000® Index, which represents approximately 98% of the U.S. equity market. Russell U.S. Indexes allow investors to track current and historical market performance by specific market segment (large cap/small cap) or investment style (growth/value/defensive/dynamic). Today, more than $5.2 trillion in assets are benchmarked to the Russell Indexes.
Russell reconstitution day is usually one of the most highly anticipated and heaviest trading days in the U.S. equity market as asset managers seek to reconfigure their portfolios to reflect the composition of Russell's U.S. indexes. The index reconstitution process was completed today and the newly reconstituted index membership will take effect before markets open on Monday, June 30, 2014.
I agree about the frequency of short squeezes actually happening in relation to how often they are expected.
On the other hand, I have also not seen the lack of results in such a seemingly coordinated short attack as we have seen here. When articles claiming the company is a complete fraud and the share price is worth $0 have really not produced the usual scare effect, something seems to be a bit different here.
"What piques my curiosity is the question of what do shorts have planned to counter this assured announcement."
Seems to me like they have shot their wad. There has been about half dozen scare articles by shorts over the last several weeks and they just haven't produced the flight by scared longs that they usually do. It appears that the TRUTH has won out and we might be looking at one of the monster squeezes of all time.
NASDAQ listing expected in 7 to 10 days according to P.T.
I think the OVRL merger was probably the main factor in delay of the up-list. The company that is being up-listed is different from the one it was at the AGM. NASDAQ most likely needed financials from both companies and an analysis of what the combined company might look like financially. I agree that up-list could happen any day and those selling impatiently will regret it.
"How long can a stock with so much going for it stay under anesthesia?"
My guess is until the up listing.
I think OVRL's movement is indicative of what is going to happen to SPIHF when it becomes marginable.
Anyone else think that NASDAQ may be waiting until the merger is complete before uplisting SPIHF?
And does anyone with actual knowledge know when the merger is due to be completed?
About 3 times after Bookman explained something about what GlassWare could do, Madden said: "That's Cool."
I think that's about the highest compliment you can receive from a tech geek.
"Does BM have a large following or is he considered a good mouthpiece regarding the cloud arena?"
I don't know how accurate this is because it is from his own website:
"Brian Madden's Bio
Brian Madden is known throughout the world as an opinionated, super technical, fiercely-independent desktop virtualization expert. He's written four books and over 2,000 articles about desktop virtualization. (Brian's most recent book, Desktops as a Service, was published in March.) His blog (www.brianmadden.com) receives millions of visitors per year and is a leading source for conversation, debate, and discourse about the application and desktop virtualization industry. Brian is also the creator of BriForum, an independent conference about desktop virtualization, consumerization of IT, and enterprise mobility management. Having been ranked the #1 speaker at both VMworld and Citrix Synergy, Brian flies over 200,000 miles per year for speaking and consulting, has been written about in Wired Magazine, heard on NPR, quoted in The Economist, and featured on podcasts around the world."
I think you need to change your screen name to: tcmountaineer with the tc standing for "the cryptic".
Please, oh please, what is the answer to:
digital renumbering + ? trading days = ?
"No Institutional investors
prove me wrong....."
OK, you are wrong:
22 Institutional Holders
1,362,011 Total Shares Held
http://www.nasdaq.com/symbol/xxii/institutional-holdings
Will wait for your apology.
MOST DESPERATE SHORTS I HAVE EVER SEEN.
Can't ever remember being in any stock (even though some of them had short postitions of 20% or more) where the shorts were so desperate that they created special websites for the sole purpose of running faux negative articles about one stock.
Between Street Sweeper, The Scamologist and the ever present short barrage from Seeking Alpha, the number and frequency of these sham attacks have become so numerous as to become laughable.
All they have accomplished though is to point out the strength of SPIHF/ANY shareholders as they have created virtually no downside in the share price. Many stocks under this type of attack would have lost 20%,30% or maybe even 50% or more in value.
The only thing holding back the share price at all is waiting for the NASDAQ up listing. When that happens, I fully intend to be wearing earplugs so as to muffle the horrible screams emanating from whichever hedge fund it is who is holding all those shares short.
Converged Virtualization Software targets MSPs.
June 4, 2014 - Supporting public, private, or hybrid deployments, Sphere 3D Converged MSP Solution comes on V3 Desktop Cloud Computing appliances that support 25-400 virtual Windows® desktops/unit. Drop-in server appliances integrate into hypervisor infrastructure to provide computing and local storage for hosting virtual desktops. Desktop Cloud Orchestrator™ simplifies creation/management of virtual desktops, while Glassware 2.0 adds standalone application virtualization and migration of legacy applications.
http://news.thomasnet.com/fullstory/Converged-Virtualization-Software-targets-MSPs-20027808
Does this have any implications for Sphere3D:
http://www.informationweek.com/cloud/infrastructure-as-a-service/amazon-opens-on-ramp-for-vmware-workloads/d/d-id/1269360
Question for techies.
Is this good, bad, or indifferent for ClipStream?
Pixelworks Demonstrates World’s First Mobile Video Display Processor at Computex 2014
Company’s new processors save power while bringing cinematic picture quality to tablets, smartphones and ultrabooks
Business Wire Pixelworks, Inc.
1 hour ago
SAN JOSE, Calif.--(BUSINESS WIRE)--
Pixelworks (PXLW), an innovative provider of video display processing technology, today announced the world’s first Mobile Video Display Processor, which it will demonstrate at Computex 2014. The introduction of this new processor, code-named Iris, means that mobile device manufacturers, for the very first time, can offer cinematic picture quality on their mobile screens. The Company has a long legacy of creating innovative video display processing solutions for the most demanding large screen applications, and now Pixelworks is extending that technology—and cutting edge picture quality—to all mobile screens.
http://finance.yahoo.com/news/pixelworks-demonstrates-world-first-mobile-200500733.html
How do you write an article about Sphere3d and never mention any of these words:
Glassware 2.0
Cloud
Virtualization
Disruptive
Ericsson
V3 Systems
Dell
Novarad
Frost & Sullivan
Peter Bookman
I am beginning to think that maybe Streetsweeper isn't really interested in the truth, the whole truth and nothing but the truth. Ya think?
That will change when Spiffy becomes marginable.
"perfect time to reveal evidence of $$$$$$"
Here's some:
From datacentre solutions DCS Europe:
Novarad success with NovaGlass Imaging Software leads to Glassware 2.0 and V3 Appliance Demand
Overland Storage and Sphere 3D Corporation ( are pleased to announce the successful launch of Novarad's NovaGlass imaging software at the SIIM Conference in Long Beach, California last week.
Date: 23 May 2014
NovaGlass, powered by Sphere 3D is the latest offering from Novarad Corporation, a leader in enterprise medical imaging solutions, who unveiled the new solution to attendees of the SIIM Conference in Long Beach, California.
Designed to leverage Novarad PACS and RIS solutions, NovaGlass resides on enterprise grade appliances and provides users with access to a robust set of imaging features, while significantly enhancing operating speeds and workstation choices.
Utilizing Glassware 2.0™ virtual application technology, NovaGlass can deliver both Novarad software and Vendor Neutral Archive solution, MARZ, on a variety of computing devices including PC, Mac, iPad, laptops, Android tablets, and Google Chromebooks.
In response to high customer interest at SIIM, Novarad placed orders for Glassware 2.0™, delivered on Overland SnapServer DX2 appliances, and for V3 Appliances with Desktop Cloud Orchestrator™ management software. A portion of the initial order from Novarad will fulfill a deployment to one of the leading Hospital Systems in the United States.
Through a drop-in appliance approach, NovaGlass is able to deliver enterprise-class performance and reliability coupled with the scalability required to meet the needs of customers that range in size from small clinics to large Hospital systems.
Read more: http://www.dcseurope.info/news_full.php?id=33592&title=Novarad-success-with-NovaGlass-Imaging-Software-leads-to-Glassware-2.0-and-V3-Appliance-Demand#ixzz32pnlJ3lP
For those who have been waiting for the hit piece:
http://thestreetsweeper.org/undersurveillance/Sphere_3D__Cloud_Company_Can_t_Rise_Above_Hype__Mistakes_And_Poor_Management
Definitely a GOOD THING!
I have read that up to 95% of all NYSE companies have a Shelf Registration " filed and in effect at all times."
There is a reason for this. It is a good thing to have.
Last week xxii didn't have one. Now they do. That is a plus not a minus.
Excellent article on this at American Bar Association. It begins:
"Maintaining an effective shelf registration statement is key for public companies seeking to raise capital during tumultuous economic times."
And comes to this conclusion:
"Conclusion
In summary, shelf registration statements are useful tools to access the capital markets quickly and cost-effectively, while also minimizing some of the risks facing issuers contemplating an offering. It is important for companies to maintain an effective shelf registration statement and ensure that a new statement is filed every three years to avoid any blackout periods and preserve its ability to use the shelf in the event of a significant market decline. The key to a company's successful transaction on the capital markets during tumultuous economic conditions is a shelf registration statement--it ensures quicker access to capital, greater flexibility in structure, and the ability to jump when the market window opens."
http://www.americanbar.org/publications/blt/2010/08/04_lynn.html
Moderators,
Would appreciate the elimination of any messages containing political talk. Nothing can ruin a stock message board faster than people (no matter which side) espousing their political views. There are plenty of message boards that cater to that type of thing.
"This is not a downtrend...its a collapse."
So the NASDAQ is down 125 points (around 3%) and XXII is down .06 (2%) and that is a collapse.
Most small caps are down between 4% & 8% so a better term might be "holding up well".
However, this message board is not alone in speculating about other companies interest in what XXII has. This from Tech Insider on April 8th:
"Firms such as 22nd Century Group Inc (NYSEMKT:XXII), which alters the biological make-up of tobacco plants, may be targets of interest for Philip Morris through product licensing rights for the company to purchase and control."
"So, how can a company make 7 million in royalty income, and still lose 26 million bucks?
You got scammed."
What you really need to do is to contact British American Tobacco and tell them they got scammed out of $14M. They are a $64B company so they probably didn't know any better. I am sure they will appreciate your help.
" What public company makes "public" their marketing plan?"
Called Google. Asked them for a detailed marketing plan for Google Glass. They swore at me and hung up.
Since I am a devotee of the "folly" investment principles I immediately sold all of my Google shares.
Evidently that company has no idea as to what they are doing.
From SmallCap Network
Time to Wade Into 22nd Century Group (XXII)
It's scary to step into a stock that's still in the shade of a huge pullback, but 22nd Century Group Inc. (NYSEMKT:XXII) has put it all behind it.
By James E. Brumley
Mar 25, 2014 8:40:23 AM PDT
It feels a little bit like trying to catch a falling knife, but that's not quite what scooping up some 22nd Century Group Inc. (NYSEMKT:XXII) shares today is. The knife has already fallen. Now all you're doing is picking the knife up off the floor, which is infinitely safer than trying to grab in while in motion. Applying the analogy to XXII now simply means that this particular stock can't (realistically) fall any farther - it can only go up from here.
For those not familiar with it, XXII is a biotech stock. Specifically, 22nd Century Group makes smoking-cessation products, and also makes cigarettes that are less harmful than most cigarettes on the market (by lowering the tar content). It's a fairly small operation, with a market cap of only $176 million, and it's only been trading on the NYSE since March 11th. But, it's a compelling story and an interesting stock. And now, that stock has dropped a major hint that it's back in a bullish mode.
Almost needless to say, while the advent of being promoted to a senior exchange (from its OTC listing) was wildly bullish for XXII, the actual listing proved to be quite bearish. Over the course of the two months leading up to the upgrade, 22nd Century Group shares rallied 159%. Since the switch, 22nd Century Group shares have given almost all of that gain back, losing 56% of their value since March 11th, as of yesterday's close.
It would be easy to conclude the company was a disaster based on the pullback, and subsequently dismiss today's bullishness as mere volatility. That's not what's going on here, however. What really happened is, hype drove XXII shares to the moon leading up to what is undoubtedly good news - the upgrade to the NYSE - and once that happened, ANYTHING else was a relative letdown.
Truth be told, while moving from the OTC to the New York Stock Exchange is a big deal, it shouldn't have prompted the kind of move it did in the first place. It did though, and the pullback since then was the effect. It looks like, however - and this is the key - all the selling is now done, and 22nd Century Group can start to walk higher again, based on its valuation and opportunity rather than hype.
Two clues point to that end. One of them is the fact that we saw a huge spike in volume yesterday, on the heels of a huge drop from the stock. Big volume surges on big moves tend to mark an exhaustion of a trend... the proverbial last hurrah. XXII is no exception. The second bullish clue for 22nd Century Group Inc. is the shape and placement of today's bar. Today's high-to-low fits entirely inside yesterday's open and close, yet is pointed in the opposite direction [meaning the open was well above the close on Monday, but today, the close so far is well above the open]. This so-called "inside day" suggests a major change of heart from the market, which jives with the idea that all the would-be sellers were finally flushed out on Monday.
Complete article:
http://www.smallcapnetwork.com/Time-to-Wade-Into-22nd-Century-Group-XXII/s/via/10/article/view/p/mid/3/id/410/
STRAW MAN ARGUMENT.
What is it?
Etymology:
"Straw man" is one of the best-named fallacies, because it is memorable and vividly illustrates the nature of the fallacy. Imagine a fight in which one of the combatants sets up a man of straw, attacks it, then proclaims victory. All the while, the real opponent stands by untouched.
follyism asks the unanswerable question: "How can we be sure that xxii's products will sell?"
Then when no one is able to answer this unanswerable question he basically claims that no one should own or buy this stock unless you have an answer to this unanswerable question.
Typical Straw Man argument.
The real question to be answered is. Why would the giant British American Tobacco company spend $14M for a license from xxii? I guess they don't know quite as much about this situation as follyism but I think I might have more confidence in their $14M investment than in his unanswerable question.
<Ive read a couple of articles but can someone please send me an article or something that shows me how XXII stands to benefit from cigarettes that contain less nicotine? >
22nd Century products address unmet needs of smokers: for those that want to quit, an innovative smoking cessation aid, and for those who decide to continue to smoke, cigarettes that
can reduce the level of exposure to nicotine, “tar” and other chemicals in cigarettes. (Source:
Dr. Elemer Piros, May 2011)
The company has 5 revenue models. (market in red)
1. Two “modified risk” cigarette candidates for F.D.A. clearance: BRAND A, a very low nicotine (VLN) cigarette and BRAND B, a very low tar-to-nicotine product (Modified Risk Products)... $80B U. S. and $700B globally
2. A prescription smoking cessation aid in development (X-22)...$1.5B U. S. and $4B globally
3. Super premium cigarettes (Red Sun® and Magic®) …just 1% of the premium U.S. market is valued more than $1B – Lorillard (NYSE: LO) only sells cigarettes in the U.S.; has 14% market share and $15B market cap
4. Huge licensing opportunities (105 patents in 78 countries and 38 patent applications) to both Big Pharma (prescription X-22) and Big Tobacco (technology and tobaccos for modified risk tobacco products...Multibillion dollar opportunity
5. A 5-year U.S. government contract with NIDA, a department of the National Institutes of Health (NIH) to sell its SPECTRUM® research cigarettes that contain various nicotine levels (from very low to high).
Sony
Probably what is being referenced is Sony's new Video Unlimited Service. It looks to be competitive for Netflix not ClipStream:
http://www.sonyentertainmentnetwork.com/video-unlimited/
Forget it.
macberry answered the question.
"On traditional PCs and Macs, Microsoft still owns an overwhelming market share, with 91.8 percent of all traffic coming from Windows-based machines. Among non-Microsoft operating systems, both OS X and Linux have stalled since October 2011, hovering around 6.9 percent and 1.2 percent, respectively.
With the general decline of the PC market, that could just mean that Apple has focused more of its energy on mobile devices (which are not included in these numbers). In my personal stats, I've noticed that nearly 20 percent of all traffic over the past few months has been from mobile devices, and that percentage continues to grow."
http://www.zdnet.com/latest-os-share-data-shows-windows-still-dominating-in-pcs-7000013351/
A perfect scenario, as far as I am concerned, would be that just this news would get the price back to $2. Then do a 1 for 3 reverse split getting the price to $6. Get it on NASDAQ and fully marginable and of course in the meantime see some nice adoption of ClipStream and expansion of MPE.
That would make DSNY a real WEALTH BUILDING STOCK.
A couple of months ago the subject of a reverse split for DSNY was broached. I posted this in relation to another stock I dabble in:
"I usually don't like them but what you say is true. A stock I have been trading lately is QTWW. On July 31st with the price at .48 they did a 1 for 4 reverse split. The next day the stock opened at 2.35 and has been on a tear ever since. Closed today at $7.15.
Before the split the shares had been trading between .50 & .70 forever. So it worked out well for this one. Like XXII they had around 50M shares before the split."
ps, QTWW is around $8 now and has gone as high as $8.60.