Sphere 3D Corp. (ANY): Sphere 3D's lender is getting smoked aga...

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Alias Born	11/18/2014

Re: None

Monday, 10/17/2016 9:51:51 AM

Monday, October 17, 2016 9:51:51 AM

Sphere 3D's lender is getting smoked again today.

Down 15% because of more problems in the technology loan book. This part is interesting:

"Two loan relationships originated by our Technology Banking division, which we previously announced would be deemphasized, contributed $22.2 million, or 57%, of the charge-offs"

Opus will now LOSE money for the third quarter.

Oh my.....

P.S. As disclosed I shorted $OPB in large quantities, and thank $ANY for introducing me to the credit culture of this bank.

________________________________________________________

Caller: But why did you back away from your prior guidance?

Eric Kelly: I am sorry? Hello?

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