Sphere 3D Corp. (ANY)

[petemantx]

A major factor working for ANY is that there already is a heavy ownership percentage controlled by mgt and Pinetree/Jacobs/etc. There are only about 25MM shares in total. Subtract out the shares owned by ultra-longs to include the above groups and the many on this board that have significant shares and how many actual free shares are available? I would say 5MM or less. If price gets down to $4 or less that is not that great a sum for a major fund or some such entity to swoop in and pay a slight premium to take all available shares off the table. They would know there is a major, major short position that will cause an explosive upside move when the brokerages start demanding the shorts to cover the short sales.

That's why I don't see a major, major collapse below $5.