Wouldn't want ANYone to miss this. There is no stock to borrow and no options offered. Borrow rate is 35% and merger to be completed Nov 28. Naked shorting will be "cured" by delisting from TSX.v. Major product efficacy confirmed at DellWorld. Longs are mainly early connected investors and unlikely to sell much. Insider buying has been massive and daily. A few small funds lead the shorts and they are likely to buckle soon and some may go bankrupt. ANY has disruptive software which was initially thought to be vaporware. Dell doesn't think so as they displayed it prominently on their new top of the line server stack. The momentum has swung decidedly against the shorts and all their usual tricks have failed. Join in or watch your choice. My timing has been off before but NOT THIS TIME. Look at chart for perspective. FUN
Homebuilder is an attorney who lives in a world where a rigged jury's verdict constitutes justice. Fortunately it is more difficult to rig the jury in the world of clinical trials and statistical significance although that has not prevented MiMedx from trying. No refereed journal would ever publish MiMedx Epifix data.
No need to feel sorry. There is something coming down the pike (many things actually) that will blow the socks off....and soon too. Things that even Warren Buffet might comprehend. Bill Gates certainly. As is the case of OSIR the short term effect of the shorts can't be underestimated. Currently the shares shorted and free float are about equal. Something has to give. I know that I am sounding like the Ozark of yesteryear but I can make a reasonable case for ANY trading at $100 in one year. Remember that the don't depend on the FDA just revenue. Stay tuned.
Why don't you call your favorite brokerage and find out. Last I heard was that the borrow rate was greater than 30%. You don't mind paying that while you wait now do you? Assuming that you can find 1000 shares. And the TSX.v is riddled with naked shorts. Good luck with that when Sphere delists before year end. Call the company and see what they say. Denials followed by suppressed giggles. Not knowing what I know can cost you big while you spout off nonsense.
Pinetree has been buying daily and will not sell. I say this expecting Pinetree to far exceed their compliance requirement with this move in ANY. If not they will sell losers. Don't trouble yourself with Chromebooks as these sales will be in the educational space through Dell. Dell and ANY have something big cooking but that is all I know. Squeeze could double or triple price with delist forcing naked shorts in Canada to cover. Delist WILL happen and soon. Underlying disruptive tech could be worth 2-5B in two years. Also Cyrus will sell the day the company is bought out...not before. Nobody who remotely knows anything about their completely unique tech and the many area it can disrupt is considering selling ANY. My opinions spiced with a lot of knowledge and worth something.
Merger with OVRL closes Nov 29, vote is a done deal Nov 28.
Sorry boogins. Don't know all the ins and outs of the rules but a circuit breaker was tripped on Wednesday's selloff which limits shorting today so shorts cannot pile on without a breather. Or another way to look at it is to prevent shorts from self immolation when it becomes clear that ANY's tech is, to put it mildly, game changing for most if not all major tech companies.
DENIAL is the word of the month on this message board.. that will change.
Don't fret. Shorts like the price as low as possible the last trading day of the month as that is what determines their borrow costs. Easy target today with low volume. Allowed me to pick up more at $13.23 average.
Good example of what lawyers do best...obfuscation. No one claims that Epifix is not a good product. The claim is that they do not have a refereed clinical trial to back up their claims. And that the data they push is meaningless to the trained scientific evaluator. Might say an attempt to obfuscate.
Got back in today at $13.70-13.90. Amazing that it could be that low but then again OSIR has always had that characteristic. Been so occupied with ANY and XXII that this sadly has become a sidelight. And for my old buddies here look at the chart of ANY and read up....The time of wild appreciation is very very close.
There should be some shares to short soon as the shorts start to cover in earnest. This week, next week, soon for sure. However nakeds covering could raise the price to $30 at least for a few hours. Trading fake stock for real gets expensive and fast.
Good natured response. DSNY has a great product but Clipstream was not ready for prime time when they released it. They are making noises that they are nearly there and will release an updated iteration soon. As the market predictably overreacts the shareprice sold of to really idiotic lows. DSNY has an annuity business that is growing and is a monopoly in music distribution named playMPE that must be alone worth $1.50/share. The stock price is now 48cents give or take. Go figure.
ANY (Sphere) is going to be one of the stock stories of the decade and will be ubiquitous in cloud computing. Their Glassware is a new protocol like wifi or bluetooth and completely unique in its approach, not a new twist on an old tech. Dell just included them it their new server offering at Dellworld. Believe me this is the tip of the iceberg. I own 4.9% of the company and continue to be gobsmacked at the interest and expanding possibilities. And get this major companies will license the tech and sell it to their customers...Dell Ericsson Google etc so sales staff is minimal. ANY will be very profitable within 6 months. Why so ling winded. Well I have a long and fond history here and this is the single greatest disruptive company that I have ever seen and it is being validated daily. I expect the company to be bought out after a dogfight for 5-10B within 5 years and if not will displace VWM as top dog in the space. There will be 33million shares after the merger with Overland. Might buy a few. Opportune time as a short squeeze is starting...see chart.
Simple premise: Early does not equate to being wrong. Most companies at Sphere's stage would not be public at all but would be still in the VC stage. This incredibly disruptive technology is being adopted by Dell, MSFT, Ericsson, ATOS and soon others (think Google). Cyrus Capital a MULTI-BILLION $$ company does not own 20% and buying in the open market because they are stupid. They could be wrong, I could be wrong but neither of us are stupid. GlassWare in my opinion will be as well know as Intel Inside once was.
Those reading this, do yourself a favor and read the link to SA Instablog. read it twice and see what you think. It will filter out the white noise of a Yahoo MB.
Drag we will overlook the no money in the bank comment.....like your DD, ha ha..... but tell us why did Cyrus Capital just take down 333k shares in lieu of receiving a $2.5m loan repayment. Because they wanted shares more than the money.....must think Sphere's prospects are good.
Good doggie paddle Drag.
Oz perhaps you overestimated on Cartiform and OvationOS as OSIR will have a high cost of sales due to agreements with Arthrex and Stryker.