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So, the stock has a buy restriction in place because of manipulation suspicion. Exactly which indicators triggered this suspicion? And how were these factors interpreted to conclude as manipulation? Why is there a restriction on buy but not on sell?
Someone made the decision to freeze it. I can't believe a restriction can be put on a stock without an audit trail bubbling up to the person that is held accountable. Especially at a stock broker. Or is it just hocus pocus?
Anyway, I have cash on hand in the even this goes lower.
Possibly accumulation of shares
Watch them sell you 1 share in spite. lol
Back at the AGM, management mentioned that they were forced to prioritize their pipeline. Now that they have Overland's sales force, I hope this bottleneck is resolved.
I'd say integrate Docker into the Glassware microvisor to provide an option for containerizing distributed applications and then hopping on the Docker PR gravy train. Tell everyone that you can run Docker containers along with a support contract from Sphere 3D. Oh and by the way, we can containerize your legacy apps too without the need for source code. And to make it easy, we provide a management interface to manage it all (instead of Docker's command line interface). Need to scale out? Consider buying our V3 appliances. Worried about offline? Our Glassware 3.0 chip is coming soon.
Yes, no source code is needed as PB clarified. However, for iOS apps, you do need to get access to the installer package (compiled package with no source code). You cannot legally abstract it from the app store (see my debate over licensing with Derek Smith in my post history for details), but you can if the installer package is published through a different distribution channel.
Thanks Boogins. Not a virtualization expert here, but I try to understand what I can and post when I have time.
Docker is a open platform vs Sphere 3D which is a proprietary platform. Docker needs to do things things differently to monetize. Specifically, while providing a support option, it also has an app store called Docker Hub with a tiered pricing model.
Since docker is open source, I wouldn't be surprised if Sphere 3D looked into adding the ability to run Docker containers within its microvisor for the Linux kernel for distributed applications of this type.
Just want to also add that Container security is more of an issue for Docker... If Docker is hosting SQL (or storing confidential PID data). For Glassware, its more of an information management issue. For example, when you'r working with a desktop app, do you save the file to local disk or to network storage (where it's backed up)?
Commoncentsinvestor, thanks for sharing that article. The article highlights a few concerns about virtualizing applications through containers:
1. Container Security. In a shared host environment, how do you ensure data remains confidential and secure? Is there container-level encryption? This question also applies to Glassware. When an application is containerized, the application shares certain components with the host OS. The container does not operate in isolation. Attacks against organizations are getting more sophisticated (constant news on Organizations X,Y, and Z being hacked). You better be able to secure your containers.
2.
Yes that's right. In fact, I believe both Docker and Glassware address very different types of applications. Sure, there is some overlap but they both excel in their own niches.
Glassware - Great at containerizing client-tier legacy or modern applications of any platform (Windows, iOS, OSX, Linux, etc) regardless of platform into a container. It runs natively in Windows but spins up a microvisor for non-Windows apps. From the demos I've seen, it takes the application installer, runs it within Glassware (to determine the delta/changes made to the OS template) and containerizes it. The application is then made available to stream to any client device as a local Glassware client app or HTML5. Both provide a local wrapper to display the application stream which uses a combination of RDS and the Glassware proprietary protocol.
Docker - An open platform for writing distributed/server-side applications. This is the type of application a client-tier app connects to. Docker runs natively in Linux. It is capable of containerizing any application based on the Linux kernel and now recently, Windows distributed apps on Azure and on-premise Windows servers by using the .NET core Framework for Linux/OS X or Boot2Docker.
There will always be that risk from external factors. Especially with technology, you need to move fast or be left behind. So far, Sphere 3D is executing perfectly. The only thing we now need to see is increasing revenue Q over Q.
I'm happy with the shares bouncing in this range for now. So that I can flip this and build a larger base position :)
Enterprise embrace of Docker containers may take time
http://searchcloudcomputing.techtarget.com/news/2240237850/Enterprise-embrace-of-Docker-containers-may-take-time
Interesting notes:
It would be unwise for Microsoft to commit to either at this early stage in the game. Both technologies let alone this approach to application virtualization has not reached critical mass.
Thanks for the comments. Not "in" this space specifically but have worked in IT for a while to know my way around to find answers when doing due diligence.
Here's an interesting article from the Microsoft perspective on the whole containerization thing:
http://www.infoworld.com/article/2850056/application-virtualization/microsoft-docker-cli-windows.html
Note the following comment:
At least in the initial stages, I think Docker's success will also help Sphere 3D succeed. Docker is based on the Linux kernel and so natively the containers are based on Linux. However, there are ways to have it run on Windows:
1: Use Boot2Docker to install a lightweight Linux VM and then have Docker run within this VM.
2: Use the Docker VM Extension for Azure to run containerized apps in the cloud (Azure). Remote management through Command Line Interface for Windows.
Docker cannot run legacy Windows apps or modern .NET apps without modification. Any Windows-based app that needs to be containerized must be modified to take advantage of the recently announced .NET Core Framework for Linux/OS X. This is why Sphere 3D is marketing Glassware as a solution that is capable of virtualizing any application, including legacy apps because Docker in its current form (or any other app virtualization technology that takes advantage of containers) cannot do this. Glassware goes beyond Windows app virtualization by having the microvisor emulate the capabilities of a different OS kernel. Be it, Linux, XNU (which OS X and iOS is based on), etc. Heck, you can theoretically run Docker within Glassware if you really wanted to to (container in a container).
G, if you are in the tech industry like what you said, you are in a better position than most on this board to vett the technology. If you still do not find a compelling reason to add to your small position and be comfortable with your investment, then maybe you should stick with the small position that you have.
Cyrus Acquires 23,408 Shares Averaging $5.66
http://www.newswire.ca/en/story/1470493/cyrus-group-of-funds-acquires-additional-common-shares-of-sphere-3d-corporation
Now we know who bought into the ask walls within 15 seconds.
I can purchase shares of ANY through RBC through my Canadian currency account (in which the order can be put through immediately but forex at RBC's discretion at time of transaction) or move my money to my US currency account (in which the funds need to settle first before I can transact with them). SO far, I have only bought through both accounts and have not had a sell order go through.
To be fair, most of the criticism on this board was made prior to:
1: the recent share price increase
2: understanding the rationale for placing an online order restriction for trading ANY
Through posts from various "complainers", we concluded that the restriction is not in place at all brokerages. It is an isolated incident. The assumption (prior to getting an explanation that the root cause of the restriction is manipulation) is that it appeared to be a shorting tactic.
We also know that the fun and games that we have assumed to be the case (with moving shares back and forth) does not seem to be here today.
Could also threaten to CC Sphere 3D management also too with the call to light a fire under Scotttrade to take action.
Doug, thanks for doing this. Very interested in the reason for the brokerage-specific trade restriction.
Ah good to know. Thanks Jeff.
My thoughts as well. Huge client of theirs likely. So they are willing to accommodate. Might be worthwhile for those that trade out of Scottrade to put high ask orders to prevent their shares from being shorted IMO.
I trade through RBC and have no restrictions.
Time will tell to see if delisting off the TSX-V will do anything to impact share price. It sure does make things a wee bit more convoluted for Canadians preferring to remain with Canadian dollars.
While we are on the topic of scheming, here's what I think will happen:
Regulators balance all shares from the TSX-V delisting. Since naked shorts are not really part of the official float size, regulators force a monetary reimbursement to Sphere 3D on the full amount that has been used to short ANY. In effect, a private placement without issuing new shares. This indirectly forces a higher valuation of ANY shares, resulting in a short squeeze of declared shorted shares. Longs rejoice. A unicorn "Charlie" is persuaded to sneak by a Liopleurodon to make his way to Candy Mountain, only to find that he has been tricked into giving up a kidney. The end. Shun the non believer.
Nailed it. Or post the convoluted scheme at every opportunity. Repetition must make it true. Rinse and repeat.
I just read that with a Simpsons Nelson laugh. LOL
And I say this:
Haha
Derek: The bare minimum steps required to develop OS X or iOS apps are:
1. Register as an Apple Developer. This will give you
Derek,
Enerprise, education, healthcare, and government are broad terms. Samsung and Apple are not "leaders". Did you mean mobile device penetration for BYOD scenarios? If that's the case, you can lump any other industry vertical into this.
You mentioned SDKs from both firms. SDKs are typically produced by the same company as the company making the hardware or framework for SOFTWARE DEVELOPMENT. If you are a developer that works primarily with Apple Hardware, of course you are going to prefer to still use Apple hardware to create software. The code that the developer creates belongs to the developer, NOT with the company providing the SDK.
Your understanding of how the EULA is applied and how it impacts virtualization through containerization (ie. Glassware, Docker, etc) is incorrect.
A developer may choose to create an app in the environment and programming language of choice. Examples:
If you are proficient at programming in Objective-C, you may choose to develop in XCode using the iOS SDK.
If you are proficient at programming in C#, you may choose to develop in Visual Studio using the Windows Phone API.
If the developer uses XCode, you can only get it from the Apple App Store and such, you need to agree and adhere to the Apple app store EULA. Development must occur on Apple hardware in this case. The details on the limitations of use for the XCode application are outlined in your original post. However, software created from XCode is the intellectual property of the developer, not Apple's. There isn't anything that says that the developer is required to distribute the software through the Apple App Store. That is because the software produced by the developer belongs to the developer, not Apple. You can distribute the software how you see fit. At this time, the Apple app store makes the most logical choice, but what if there was another option?
And note, contrary to what any believe, when you "buy" software from an app store, you don't own but have a limited right to use the software per the terms of the EULA from that same app store. "The Software is licensed, not sold". If the developer publishes the software to a different distribution channel, this pretty much bypasses this.
Hope this helps.
Are you kidding me? RDP has been around for ages. You are comparing apples to oranges.
From this logic, you might as well put VMWare ESX in the same light.
> Everyone just needs to forget about it and stop watching until January at this point, and enjoy the season.
Agreed. Doubtful anything will happen until the end of the year. January is when things will get interesting.
He seemed like a junior guy when I spoke to him. I guess I expected him to know all of this already considering that this is what he does as a career. I'm just a retail investor with a day job hah.
He had to put me on hold to talk to level 2 when I mentioned shorting.
Yeah... I know. *rolls eyes*
I just called in to my broker and had them journal my shares to my US$ trading account. I also asked them about what would happen to naked shorts when TSX-V delists. He did not know what a naked short was and was perplexed on the possibility of shares being sold without them existing in the first place.
Interesting.. thanks for posting this tid bit.
Not an ideal time for Canadians to be doing a forex to US dollars IMO. Ie. Current strength of US dollar/global financial chess game and the petrodollar. But that is a whole other different topic of conversation.
As for naked shorts, if you purchased shares legitimately from someone that has naked shorted, do you keep your shares if they do not exist in the first place? Does the long shareholder get paid out by the naked shorter or does the long get screwed with the naked shorter? If they are forced to cover at open market to compensate, what if there is not enough shares on the ask? The shares have to come from somewhere without affecting the existing float size.
So, now that Sphere 3D has announced a delisting from the TSX-V (looks like your persistence has paid off StreamingEagle!), I have a few questions that are unclear to me and wondering if anyone on this board has an answer to (definitively please, no speculation):
1. What will happen to TSV-V shares of ANY? Is it just a simple case of moving the shares to a trading account based in primarily US dollars?
2. How exactly will naked shorts be resolved? There does not seem to be any price movement or covering to prepare for the much anticipated and inevitable short squeeze.
How does this affect Canadian taxation with capital gains/losses? This is a weird scenario. Any Canadian tax accountants here?
Here's another buying op starting to present itself going into the holiday doldrums. Happy holidays everyone!
A few on this board have been very vocal that a TSX-V de-list will occur. This is from interpretation of statements made by Sphere 3D management. Some also say that large institutions are waiting for a TSX-V delist before investing heavily, but I have yet to see confirmation from another source on this.
I personally believe a TSX-V delist will not occur and that good old quarter-over-quarter earnings growth will take care of the short position and attract the institutional investors. Especially now if the borrowing costs are at about 30%.