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Saturday, December 20, 2014 1:00:16 PM
It falsely assumes that if anyone associated with the company had not succeeded or even failed in the past, then it is proof that they will fail at everything they try in the future.
Of course this is complete nonsense. There are endless examples of people who failed once or many times before succeeding fantastically.
Just a few examples:
http://www.lifehack.org/articles/productivity/15-highly-successful-people-who-failed-their-way-success.html
http://www.smithsonianmag.com/innovation/why-the-best-success-stories-often-begin-with-failure-3851517/?no-ist
I notice that article posted by roca was authored by "leaf93". Who is that? What is that persons expertise? What is that persons track record regarding successful long or short stock picks? Totally impossible to answer those questions because whoever it is is just using a pseudonym.
On the other hand, there has been a long string of people with actual names who are extremely knowledgeable in the tech industry who have raved about GlassWare and several who have gone to work for Sphere3D. Then there are companies like Erickkson & Dell who have allowed Sphere to demonstrate their product at their trade show booths. Are all these people and companies being hoodwinked? And was NASDAQ also hoodwinked by allowing such a scam of a company on their exchange? I think I would put more faith in their words and actions then in what an anonymous short seller had to say 6 months ago in order to make a quick buck by scaring people.
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