Sphere 3D Corp (ANY)

[falon]

Somedays Green

Somedays Red

Somedays Red

Somedays Green

Stock price will stabilize when quarterly comes out.

Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a few years. In the long term, there is a 100 percent correlation between the success of the company and the success of its stock. This disparity is the key to making money; it pays to be patient, and to own successful companies.
Peter Lynch

The stock price made a dramatic rise from May 1, 2015 until July 14, 2015.

The stock price opened on May 1, 2015 at $3.17 and topped out closing at $5.66 on July 14, 2015 (76 days).

There was no particular reason from the news front for the climb to $5.66.

The stock made even a more dramatic descend from the July 15, 2015 closing at $5.58 to bottom out on August 7, 2015 at $3.94 (24 days).

There was no particular reason from the news front for the drop to $3.94.


What does all of this mean?


Stocks go up and stocks go down.

I buy an apartment house, don't get a quote on it for five years - I'm happy if the apartment house produces the returns that I expect. But people buy a stock and they look at the price the next morning and they decide if they're doing well or not doing well. It's crazy because they're buying a piece of a business. Warren Buffett