Short* Cineplex (CGX.TO 0.13%) We initiated our short position at $41.46 on 30 Sept 2014. There are two rationales for our position: one short-term, the other long-term / structural in nature.
Last time he went on market call to broadcast his short was June 18th, 2014 when the stock was trading in the 7's........after that announcement, the pps made an intraday high of 11 something 2 weeks later.
IMO, don't give too much weight to analyst's opinions. They always have alterior motives in announcing what they think of a stock. A Danish study showed that analysts are wrong 65% of the time! They would be more correct if they just guessed!
Fundamentals are always what counts in the long run. Daily variations with Sphere 3d are irrelevant at this moment. Once the earnings start coming in and word gets out as to the usefulness of this technology, the stock will explode! Patience...