Sphere 3D Corp. (ANY)

[JamesK101]

Shorts have no reason to act quickly now. In one month Sphere lost almost 1/2 of the value.

We are still a relatively unknown company, so there are no buyers coming for our stock.

Shorts are gambling on a massive panic and collapse, which however unlikely is a possibility. OVRL was worth $40MM before merger. Shorts may try to push combined Sphere3d/Overland entity to $2.00-$3.00 before covering.

I know this scenario sounds ridiculous, but how many people on this board have hundreds of thousands to pump into Sphere should it enter $2.XX range? Most of us are already invested heavily, so shorts can keep on selling and waiting for the longs to panic. There are late comers to this stock who got in at $8-9 range, they are about to be 40-50% down on their capital. My praise goes to them for holding tight as we are still not seeing panic selling. When XXII was entering the panic selling there were days of 20% drops. I am bracing myself for similar possibility here. We are already seeing a repeat of XXII post-uplisting performance.