Sphere 3D Corp. (ANY): Sympathy? More like bewilderment ,this s...

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Re: My401K post# 45685

Monday, 06/04/2018 12:54:04 PM

Monday, June 04, 2018 12:54:04 PM

Sympathy? More like bewilderment ,this stock ran from pennies to ten bucks,Instead of cashing out, or playing with "house money",some doubled down,than failed to put in decent stop losses,or buy puts for protection.I believe the likes of Opus have not sold for the same reason some banks rather "extend" bad loans....Writing off worthless paper looks terrible on the balance sheet.
The OVRL/Sphere marriage was at least MY eye opener, made no sense, except as you suggest ,they needed a new pump and dump,they got to mask GW's invisible revenue,OVRL was cash strapped,ANY paid 100% premium in stock for the "merger" and btw both companies were already intertwined through cross ownership and EK serving both boards.

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