Followers | 12 |
Posts | 967 |
Boards Moderated | 0 |
Alias Born | 10/17/2012 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, May 14, 2015 12:13:08 PM
It looked like a perfect storm for the shorts. A small company whose shares have been attacked & manipulated by shorts & paid bashers for many months, creating doubt & negativity among even some of its most ardent supporters, annouces earnings. Revenues are less than hoped for. Losses are greater than hoped for. And on top of that the company announces a private placement of shares at 10% less than the previous days closing price.
It looked like this was going to be the shorts big triumph and the paid bashers came out in numbers to remind everyone how terrible things were for Sphere and how smart they are to hate this company.
But, a funny thing happened on the way to the end game. The company announces a big NEW deal with Novarad that could lead to BIG business with a potential of 400 Healthcare facilities. This came on top of another big deal for their educational division with a big Texas Educational Service Center covering a million students. And let's not forget the recent
LIZA Snap Scale deal. But all these pale in comparison with the way the CEO & President spoke at the Conference Call about Spheres' relationship with Microsoft. They were obviously constrained from going into specifics but it could not be more obvious that this is a HUGE partnership. They made it very clear that GlassWare can do for Microsoft what NO OTHER competing product can do. How big is that?
Now today they announce a new virtual storage system which will be introduced and demonstrated at Microsoft Technology Centers beginning May 20th. Also it should be noted that in many cases a private placement of shares to individuals knowledgeable about the company and its potential can set a solid floor for the share price.
So the end result of all this commotion is that the company has more money to use to increase its business. It has several really big revenue potentials in Microsoft, Novarad & Texas Schools. A floor has been set for the share price and at the moment the share price is at $3.58 which is exactly where it closed the day before earnings.
Other than those hedging long positions, I just cannot see the value in being short ANY except for those wanting to take a big risk in order to make a few pennies. The long case is stronger than ever.
Recent ANY News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 10:57:21 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/12/2024 08:10:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 12:36:01 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/11/2024 08:21:40 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 05/31/2024 08:06:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/23/2024 10:01:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/23/2024 09:31:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/23/2024 09:24:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/23/2024 09:15:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 09:29:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 02:13:25 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/13/2024 09:19:03 PM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/07/2024 08:38:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/01/2024 09:00:19 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/14/2024 09:31:39 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/12/2024 11:22:03 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/12/2024 11:18:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/08/2024 02:54:40 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/29/2024 10:15:40 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/26/2024 09:19:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/23/2024 01:30:58 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/19/2024 09:30:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/17/2024 10:42:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 12:06:02 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 12:03:09 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM