Sphere 3D Corp. (ANY): It is impossible to determine the actual...

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commoncentsinvestor

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commoncentsinvestor

Re: None

Thursday, 04/30/2015 3:57:16 PM

Thursday, April 30, 2015 3:57:16 PM

It is impossible to determine the actual attitude towards the companies share price and future unless you know the status of PineTrees & Sheldons holdings.

Judging by the unseemingly trading, my guess is that someone (most likely PineTree) is just dumping shares at every opportunity without too much regard to the price they are getting.

If that's true, the bad thing is that it almost guarantees that the price will go down until they are finished.

The good thing is that once they are finished the price could go to $5 or more in a heartbeat.

Does anyone actually know how many shares PineTree has left?

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