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very interesting info on your post reagrding the growth of Chromebooks in 2015
0 Tech Predictions for the New Year
THE DAILY TECHPINION
TIM BAJARIN / January 2nd, 2015
For the last 26 years, I have taken a stab at predicting tech trends. Here is a link to my predictions for 2014. Note I was half right when I predicted Google would spin off Motorola to its own company. They instead sold to Lenovo. Interestingly, three years earlier, Ben and I predicted Google would buy Motorola and it what happened.
Ben and I also predicted last year PC sales could actually grow again in 2014. This has turned out to be basically true. In 2013, the industry was -10% in total PC sales. This year, they will only be off by -2-3%. Part of the reason for the slide in PC demand in 2012-2013 was people were still trying to figure out if a tablet could replace a PC. Now that most understand they still need a PC or laptop, demand for PCs has seen an uptick in 2014 which is why the decline is smaller. If you followed my yearly predictions from the beginning, you may also remember in the late 1990’s, I said within 10 years Apple would be the largest CE company in the world. I remember that because I got so many comments telling me I was an idiot.
With that in mind, here is what I see as some major trends for 2015.
I believe 2015 will be the year of the Chromebook[/b. What is bizarre about this is, in the late 1990s, Larry Ellison, along with the CEO of Bell South, announced what they called the network PC. Bell South believed we would have high speed, ubiquitous bandwidth by early 2000 and Ellison felt that all a person needed was a device that connected to the internet — thus the Network PC. 15 years later, this particular vision is gaining ground — Chromebook’s were the top selling PCs during the holidays. While Chromebooks could never replace PCs in business, the education market and low end consumer markets are buying up Chromebooks in huge numbers. By the end of 2015, we should see them eating into established PC markets and impacting growth of the laptop segment.
I believe there will be more than one big buyer and I also believe the underlying bid for ANY is now much better than we all know. Going to get interesting like you say. I like you would not be surprised to see more solid news from ANY anytime. IMO
Interesting. I am looking to see what they try over the lunch hour with the markets down today. They are getting more and more desperate as each day goes by. I still find it hard to believe what they did on a daily basis- trading wise when we were listed on the TSX and the regulators never did anything about it. The algo program they ran was easy to identify. IMO
The shorts showed an offer of 6900 shares at $6.00 and have since pulled it. IMO
YOu hit it on the nail on the head with your comments.
THats why ANY de-listed from the TSX as numerous complaints were being ignored.
GREAT FUNDAMENTALS + SHORT SQUEEZE = SHITSTORM for you know who. IMO
I have accounts at RBC and have offerd for sale a large protion of my shares in my margin account at $20.00. Going to interesting going ahead from here. Have a great day. IMO
Somebody is going to be jumping out of that helicopter out sooner tham later and I know it is not going to be you and me.
The simple explanation is that Scotttrade is either short or solely representing another buyer who is short. Like I said, DESPERATE PEOPLE DO DESPERATE THINGS. Like I have been saying for a while the noose is tightening. I believe E-Trade was mentioned also. IMO
Thanks. I did mean to type untenable.
WE will know the true short position number shortly and my expectations are that the number is the same or even possibly quite higher than when we left the TSX-V. In my opinion the shorts have been washing trades for many months now (moving shares from one account to another account under their management to artificially move the share price down without having a change of ownership and not reducing their oustanding short total. The continual daily hunt by the shorts to borrow more shares over this time frame also supports my opinion.The bi-weekly short report that was provided by the TSX-V certainly supports this thesis as well as the short number steadily increased each reporting period . Remember, this is a hedge fund and their investors get a quarterly report, but they do not see the actual trading activity that takes place on an ongoing basis. As I have said in previous posts I believe strongly that the shorts trading activities have now been compromised and that they are in a tenable position. There is also a personal grudge on behalf of the shorts based on their past shorting activities where they were badly burned and had to cover. The problem for the shorts is that ANY is a very real leading edge technology with real fundamentals. If they are still short 3.6 million plus shares there is a shitstorm coming their way and soon. IMO
My answer to your questions would be that the final short count will happen shortly before month end. I would also state that according to my digging around that ANY has been very proactive in concluding these issues. You and I both know the short number is significant. If the shorts are off base and not playing by the rules then they will have to pay up to cover and deal with the legal consequences . Again, in my opinion, ANY is very cheap here, and after the recent news announcements I am even more confident that ANY will excel. Large institutions will not be wary of buying ANY because of the shorts as it is the fundamnentals that will dictate their buying, I could be wrong, but my risk/reward under the current circumstances says ANY is a screaming buy and I am adding to my core position. IMO
I will Private Message you once I am signed up.
I have a large position in ANY and have traded the stock as well. I have no emotional attactment to ANY or anything else I invest in. I read and analyze the good and the bad in regards to my investments on an ongoing basis and make my decisions accordingly. I believe based on my due diligence that ANY's recent deals are doing exactly what you are looking for which is a significant ramp up in revenues. ANY product credibility has been endorsed by Atos, Dell, Ericsson and Microsoft. The significance of this is that it allows these companies to contact their entire list of clients with ANY's next generation technology. This is happening right now and I expect more good news from ANY to support my analysis. I invest based on risk/reward and ANY offers plenty of reward with little or no downside risk. I will never disrespect anyone's opinion if it is different than mine. Thats why we can either buy or sell or short according to our own anaylsis. Good luck to you. IMO
The main short group out of Toronto are still underwater as they started shorting at much lower prices and they continue to pay huge fees for borrowing shares that effect their bottom line. I will certainly say that some shorts have made money just like longs who have kept a core and traded the stock as well on the price swings. The share price has been very volatile both up and down in price on several occasions. Add on paying 2.5% (30% annualized) or more per month on borrowing costs and margin interest on 3.6 million shares short. The loan posts from the banks love taking the shorts money and putting in their pocket. I know the Toronto shorts have been out on the street begging long investors to borrow their shares. What you should have said is that some shorts have made money ans some longs have made money. The main group of shorts are still in a very risky position of 3.6 million shares short and who knows what number undeclared short. It is obvious that you don't like ANY and you have your own agenda like anyone else. ANY 's fundamentals will drive the share price first and foremost. The problem for the shorts gets a little bigger everyday as ANY continues to advance its operational plans. See you at the finish line. IMO
I agree with your assessment. This game the shorts play will end badly for them. HOW DO YOU COVER 3.6 MILLION SHARES SHORT THAT ARE DECLARED ADDED WITH WHATEVER NUMBER IS UNDECLARED. They are institutionsl buyers for ANY. We have traded approximately 1.9 million shares since the de-listing on December 10/2104. The focus is fundamentals first and foremost as many of you understand, and as I have said in previous posts this is just icing on the cake. IMO
The shorts playing their game. DESPERATION. IMO
another great post.
really good post. The long investors will be well rewarded. IMO
I agree with yuur points but will say south of the border is a different story especially if it involves foreigners not playing by the rules. Lets just wait and see what comes of it but I would say the game the shorts have been playing for months now has been compromised. Today was a perfect day to launch their usual attack in very weak markets. At the end of the day you are absolutely correct that ANY will thrive on its own fundamentals. Nobody including the shorts can interefere with what ANY is accomplishing with its technology both now and in the future. Lots of good things to come yet. Shorts have their agenda because they are up their necks in quicksand in this short postion. They can say what they as I won't waste my time responding to them until I see something that causes me concern in regards to ANY's continued progress. Good luck. IMO
Yes I am expecting more to surface regarding the trading activity. It is my opinion based on my due diligence that the regulators are taking a hard look at this for a variety of reasons. We should have the final and real short numbers soon. There is a protocol that will be followed but I expect to see the shorts exposed for what they have been doing. I understand your point of view, but that is my position. IMO
Where there is smoke there is fire. These distinctive trading patterns look bad and smell bad. It will come to an end shortly. IMO
The shorts will be getting fitted for their concrete shoes sooner than later. Must be depressing to be stuck with a huge short and no way out with news like this and I would speculate much more news to come as well.. AS you all know, we are just starting the introduction of ANY to the US market and internationally. Imagine the institutions surprise that the short group out of TO would assume this massive level of risk. Just icing on the cake for new investors as ANY will do just fine on solid fundamentals now and going forward. IMO
Cryrus is a well established company, very well connected, and a long term investor in ANY. 2015 is going to be exciting for ANY as they are formally introduced to institutional technology investors in the USA and abroad. Next week is going to be interesting. IMO
You have to remember just one thing with ANY. The negative posters post for the shorts. The shorts have probably close to 4 million shares short declared (Undeclared ?) and no exit strategy. It does not matter what ANY does or accomplishes as they will never acknowledge the company's progress to date and its bright future going forward. I do my own due diligence and commenatry with no facts is just mumbo jumbo. You are absolutely right in ignoring him or just not responding at all. Looking forward to next week. IMO
I believe there will be more forthcoming along with the final tally of short position both declared and undeclared. IMO The rule mentions the following.
We believe it is appropriate at this time to adopt a short sale-related circuit breaker because, when triggered, it will prevent short selling, including potentially manipulative or abusive short selling, from driving down further the price of a security that has already experienced a significant intra- day price decline, and will facilitate the ability of long sellers to sell first upon such a decline.
Thank you. Great work on your part. I found this SUMMARY of the short sale -related short restriction very interesting to say the least. THe true short position on ANY should be coming shortly so we will know the true declared short position and the undeclared short position. I do not know what that undeclared number is, but if the shorts have been hiding a large undeclared number the ramifications could be significant. Thanks for your insights. IMO
SECURITIES AND EXCHANGE COMMISSION 17 CFR PART 242
Release No. 34-61595; File No. S7-08-09
RIN 3235-AK35
Amendments to Regulation SHO
AGENCY: Securities and Exchange Commission.
ACTION: Final rule.
SUMMARY: The Securities and Exchange Commission (“Commission”) is adopting amendments to Regulation SHO under the Securities Exchange Act of 1934 (“Exchange Act”). We are adopting a short sale-related circuit breaker that, if triggered, will impose a restriction on the prices at which securities may be sold short (“short sale price test” or “short sale price test restriction”). Specifically, the Rule requires that a trading center establish, maintain, and enforce written policies and procedures reasonably designed to prevent the execution or display of a short sale order of a covered security at a price that is less than or equal to the current national best bid if the price of that covered security decreases by 10% or more from the covered security’s closing price as determined by the listing market for the covered security as of the end of regular trading hours on the prior day. In addition, the Rule requires that the trading center establish, maintain, and enforce written policies and procedures reasonably designed to impose this short sale price test restriction for the remainder of the day and the following day when a national best bid for the covered security is calculated and disseminated on a current and continuing basis by a plan processor pursuant to an effective national market system plan.
We believe it is appropriate at this time to adopt a short sale-related circuit breaker because, when triggered, it will prevent short selling, including potentially manipulative or abusive short selling,
from driving down further the price of a security that has already experienced a significant intra- day price decline, and will facilitate the ability of long sellers to sell first upon such a decline. This approach establishes a narrowly-tailored Rule that will target only those securities that are experiencing significant intra-day price declines. We believe that addressing short selling in connection with such declines in individual securities will help address erosion of investor confidence in our markets generally.
In addition, we are amending Regulation SHO to provide that a broker-dealer may mark
certain qualifying sell orders “short exempt.” In particular, if the broker-dealer chooses to rely
on its own determination that it is submitting the short sale order to the trading center at a price
that is above the current national best bid at the time of submission or to rely on an exception
specified in the Rule, it must mark the order as “short exempt.” This “short exempt” marking
requirement will aid surveillance by self-regulatory organizations (“SROs”) and the Commission
for compliance with the provisions of Rule 201 of Regulation SHO.
DATES: Effective Date: May 10, 2010
Compliance Date: November 10, 2010
interesting. Where do you get your quotes from as I did not see that. Thanks.
Well said. ANY is just beginning the introduction process with the institutional community in the USA. Imagine their facial expressions when they hear that there are 3.6 to 4 million shares declared short and ? as to the undeclared number. ANY's fundamentals look really good and the shorts are just icing on the cake. IMO
Rich,
In theory you are right, but when dealing with ANY your theory is not accurate. In recent months many of the past rallies after large declines have been on relatively low volume as have the declines. Wednesday's trading was short driven on 183,000 shares. We all know why and if you have a different opinion thats fine too. The dog and pony shows I referenced in my recent post start next week with ANY post-merger and I expect they will well received by the institutions they see. ANY has some solid backers who are behind these institutional presentations. Cyrus is capable company and is the largest institutional investor in ANY. Fundamentals will drive ANY although I still believe at some point the shorts will be held accountable for their oversized and very aggressive short postion that they contiue to pay very high premiums to borrow. See you at the finish line. IMO
I put my shares for sale in my margin account at $15.00. ANY is very cheap here at this level and I am buying here and bid lower as well. The shorts want to scare you to sell. Be greedy when others are fearful. The other good thing about Wednesday's trading is that a lot of the shares that were sold went into long term investor's hands. Looking forward to the final share count for the short position. IMO
nice try. The only volume on Wednesday was the shorts selling shares they don't own trying to drive the share price down. Time is running out and it was an act of desperation and very blatant. I expect we will hear more about their trading activities shortly. You should have said "This has nothing to do with technicals as I'm sure you know. ANY has institutional buyers and that will grow in 2015 as the story unfolds. Road shows start next week with institutions. THey will have plenty of good reasons to start buying ANY and a great entry point as well. THis isn't amateur hour here. IMO
No I do not work for the SEC. I sent several inquiries to the TSX over the last 6 months to no avail. I will tell you one thing and that is I dig around a lot, ask questions ad keep asking questions until I get a clear answer that makes sense. This last 2 weeks of trading to me indicates irregular activity that is not consistent with normal buying and selling. The timing, sequence, and number of shares traded during this time frame were done with the sole purpose of walking the share price down. I could be wrong, but based on what I have seen and tracked I will stick with my opinion until proven otherwise. I do believe todays trading and previous days trading are being looked at on the US side and look forward to the final share count tally to see what the shorts true position is. I am a long investor and will do whatever I can to protect my investment including contacting the SEC and FInra. Although I can't say for sure, I would like to believe ANY would be pro-active and be doing the same thing. Time will tell. IMO
You are right on with your observations. The only thing I would add is that in my opinion the short's trading over the last few weeks is being reviewed and today's activity is the icing on the cake. I am very interested to see the real short number upon completion of the reconciliation of the shares from the TSX to Nasdaq. Todays trading was organized and the 10k sell order at 16:00:00 at $5.25 and the ensuing 3 buy orders at $5.45 at 16:29:35 and 16:29:50 did not go unnoticed and we should hear more about this soon. Here is the explanation of short selling from the SEC website. Interesting read.
Last 10 trades
Time X Price Chg Vol
16:29:50 Q 5.45 -0.55 500
16:29:50 Q 5.45 -0.55 500
16:29:35 Q 5.45 -0.55 400
16:00:00 Q 5.25 -0.75 10,000
15:59:42 Q 5.44 -0.56 200
15:59:42 Q 5.34 -0.66 100
15:59:42 Q 5.34 -0.66 217
15:59:41 Q 5.44 -0.56 100
15:59:36 Q 5.43 -0.569 744
15:59:26 Q 5.50 -0.50 300
D. Are short sales legal?
Although the vast majority of short sales are legal, abusive short sale practices are illegal. For example, it is prohibited for any person to engage in a series of transactions in order to create actual or apparent active trading in a security or to depress the price of a security for the purpose of inducing the purchase or sale of the security by others. Thus, short sales effected to manipulate the price of a stock are prohibited.
II. "Naked" Short Sales
In a "naked" short sale, the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period. 3 As a result, the seller fails to deliver securities to the buyer when delivery is due (known as a "failure to deliver" or "fail").
Failures to deliver may result from either a short or a long sale. There may be legitimate reasons for a failure to deliver. For example, human or mechanical errors or processing delays can result from transferring securities in physical certificate rather than book-entry form, thus causing a failure to deliver on a long sale within the normal three-day settlement period. A fail may also result from naked short selling. For example, market makers who sell short thinly traded, illiquid stock in response to customer demand may encounter difficulty in obtaining securities when the time for delivery arrives.
Naked short selling is not necessarily a violation of the federal securities laws or the Commission's rules. Indeed, in certain circumstances, naked short selling contributes to market liquidity. For example, broker-dealers that make a market in a security4 generally stand ready to buy and sell the security on a regular and continuous basis at a publicly quoted price, even when there are no other buyers or sellers. Thus, market makers must sell a security to a buyer even when there are temporary shortages of that security available in the market. This may occur, for example, if there is a sudden surge in buying interest in that security, or if few investors are selling the security at that time. Because it may take a market maker considerable time to purchase or arrange to borrow the security, a market maker engaged in bona fide market making, particularly in a fast-moving market, may need to sell the security short without having arranged to borrow shares. This is especially true for market makers in thinly traded, illiquid stocks such as securities quoted on the OTC Bulletin Board,5 as there may be few shares available to purchase or borrow at a given time.
THank you and likewise. Happy New Year.
Thank you. Much appreciated and Happy New Year. The last trade of 10k at $5.25 at16:00:00 did not go unnoticed by big brother and the after 3 hour trades at $5.45 at 16:29:50m may have a story yet to be told. Happy New Year. IMO
Last 10 trades
Time X Price Chg Vol
16:29:50 Q 5.45 -0.55 500
16:29:50 Q 5.45 -0.55 500
16:29:35 Q 5.45 -0.55 400
16:00:00 Q 5.25 -0.75 10,000
15:59:42 Q 5.44 -0.56 200
15:59:42 Q 5.34 -0.66 100
15:59:42 Q 5.34 -0.66 217
15:59:41 Q 5.44 -0.56 100
15:59:36 Q 5.431 -0.569 744
15:59:26 Q 5.50 -0.50 300
I am not surprised to see this short assault at all and it adds more fuel to the fire that the powers to be will take a hard look at the trading activity on ANY. This is exactly what happened when we were on the TSX. This is a algo trading and I am even more convinced that the shorts will do whatever they have to until the books get balanced on the TSX de-listing. We should know the TSX short number anyday now and I believe it will be higher than the last 2.3 million reported as of Nov/30/2014/ Where there is smoke there is fire and its going to get out of control really soon. This is going to get interesting for a variety of reasons. IT definitely sucks, but the truth always surfaces. Confession time is coming. The shorts knocked the share price down, but at the end of the day their position is unchanged. Stay tuned as we really see what is behind door #1. Happy New Year to all. IMO
Thanks. Interesting to say the least and I agree with you that the same thing will happen with ANY. The Toronto based short is giving its all today and really has been doing so since we de-listed from the TSX. I am looking forward to seeing the actual short number for Dec/15th from Canada and my bet is it will be higher than the 2.3 million number reported on Nov/30/2014. US research is coming for ANY along with the upcoming roadshow with institutions including mutual funds, private equity, and institutional accounts. I am in total agreement that ANY will have a great year on fundamentals. I wouls also not write off big brother as the trading rules in the US are well defined with more severe penalties for wash trading to articficially influence the share price. Happy New Year to you. IMO
You hit that on the head. The lunch time attack started at 12.07 pm. The shorts are in real trouble and I expected this to happen especially with month end and the balancing of the books with the TSX de-listing coming soon. Desperate people do desperate things. Big Brother is watching them IMO
20141231 - 118 Trades for U:ANY
Time X Price Chg Vol
12:48:07 Q 5.76 -0.24 100
12:47:44 Q 5.7601 -0.2399 1,000
12:46:33 Q 5.79 -0.21 91
12:46:23 Q 5.7401 -0.2599 900
12:46:23 Q 5.7401 -0.2599 100
12:46:23 Q 5.74 -0.26 1,000
12:46:23 Q 5.74 -0.26 100
12:44:42 Q 5.7436 -0.2564 500
12:37:39 Q 5.75 -0.25 184
12:37:39 Q 5.75 -0.25 100
12:32:21 Q 5.7499 -0.2501 200
12:30:05 Q 5.73 -0.27 50
12:29:35 Q 5.73 -0.27 100
12:18:07 Q 5.70 -0.30 100
12:14:14 Q 5.70 -0.30 200
12:14:14 Q 5.70 -0.30 700
12:14:14 Q 5.70 -0.30 1,800
12:14:14 Q 5.70 -0.30 1,000
12:14:14 Q 5.70 -0.30 200
12:14:14 Q 5.71 -0.29 1,000
12:14:14 Q 5.71 -0.29 100
12:12:47 Q 5.7401 -0.2599 1,300
12:12:47 Q 5.74 -0.26 100
12:12:47 Q 5.74 -0.26 1,300
12:12:15 Q 5.7401 -0.2599 1,200
12:12:14 Q 5.74 -0.26 200
12:12:14 Q 5.74 -0.26 1,400
12:11:10 Q 5.7496 -0.2504 2,700
12:09:15 Q 5.74 -0.26 2,400
12:09:15 Q 5.7401 -0.2599 100
12:07:56 Q 5.74 -0.26 1,000
12:07:55 Q 5.7628 -0.2372 2,100
12:07:37 Q 5.80 -0.20 100
11:57:08 Q 5.83 -0.17 100