Sphere 3D Corp. (ANY)

[desarcmo]

Another active day, 257,000 volume so far today, trading in the low 60's, one purchase of almost 60,000 share block at .62.

Something has to be happening. If you can believe Derek and Hugo the are about out of money and has huge debt. But someone is buying and moving the price up.

A couple of possibilities:

1) they has a buyer in line for part or all of the company, probably at a premium to the current price.

2) products are finally starting to get traction and generate new revenues.

I'm sure there are many other possibilities too. Will have to wait and see. Currently nothing but silence. Some light will have to show on the 11/14 earning report. Or if they run out of cash, something will have to give then too.