Sphere 3D Corp. (ANY)

[macnqueso]

I find this to be a very good day for the long thesis. Having seen the best the bears can offer is strikingly revealing. It's all up to revenues now to drive the train... the one thing i agree with the bears on is i don't expect much from q4'14 on Monday (hope i am wrong)... q1'15 and especially q2'15 will tell the tale...

if we use the annualized run rate for the combined entities of S3D and Overland from q2 and q3 2014 we have a run rate of 100 mil heading into the merger... if we use the "goal" (floor) guided by the company of 160 mil... we get a price to sales ratio range of something on the order of 1.6:1 or 1:1... roughly... both well below industry standards of 4:1 or industry premiums on the order of 6:1 to 10:1... so this is frankly an absolutely dreadful short idea, which even the author is forced to admit in the comments section of his SA article... and the current risk for longs entering at this price is highly mitigated...

i still have 8/15/15 circled on my calendar... jmo... glta...