Sphere 3D Corp. (ANY): Things that go bump in the night. If...

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commoncentsinvestor

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commoncentsinvestor

Re: None

Monday, 06/08/2015 1:29:02 PM

Monday, June 08, 2015 1:29:02 PM

Things that go bump in the night.

If I was short I would be VERY AFRAID.

Sphere share price April 30th - $3.14. Short interest - 1,516,002

Sphere share price May 15th - $3.84. Short interest - 1,832,365

So short interest went up 316,363 shares while price rose 23%.

Of course the price today is about $4.30 which represents an additional gain of 12% and it wouldn't surprise me that short interest has gone up another few hundred thousand shares.

Have to wonder how long things can continue like this before even the most staunch shorts come to the realization that they are on the wrong side of this situation. The old stock market saying about pigs getting slaughtered doesn't just apply to being long.

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