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Sphere 3D Corp.

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$ANY Next Target PTs 58-180 and higher Timeline: Nov 2022 $ANY Next Target PTs 58-180 and higher Timeline: Nov 2022 Long term Target PTs 900-1,300 and higher Timeline: Nov 2022 - Oct 2024 (Sphere 3D Secures Order for 60,000 BTC Antminers, One of the Largest Single Orders in Digital Mining Industry History- Elon is Board member) Sphere 3D Corp. focuses on operating as a carbon neutral bitcoin mining company. It also provides data management solutions through hybrid cloud, cloud, and on-premises implementations directly and through its reseller network and professional services organization. The company is based in Toronto, Canada.
NASDAQ:ANYLong
by BADQOMOCAWGOWLD
1
ANY 5.7 Exahash of computing powerSphere 3D Corp. (ANY) has a delal with NuMiner to buy 60,000 bitcoin mining machines for a total of 5.7 Exahash of computing power. I know the issue, the pictures from NuMiner were not their own, but what is they indeed deliver the performance? MARA Marathon Digital on the other hand is on-track to deploying 103,120 miners which will provide a combined output of 10.37 ExaHash, resulting in an estimated 50-60 BTC per day. I see an easy upside for ANY to reach $5.75. Looking forward to read your opinion about it.
NASDAQ:ANYLong
by TopgOptions
3
Are we closer to $1 retest or new high'?What happens here in my opinion will depend on what happens next with Bitcoin. Bitcoin has now been rejected twice at 45.5K. If 45.5K gets taken out then it's possible for a run to 52K and ANY to see $4 or so. I don't see the bitcoin chart staying anything but negative since it has broken down and more likely than not a retest of 20K is in the works. A run to 52k is possible with a close over 45.5k resistance. With that said, it's quite possible to retest the $1 range and below before the smoke clears. Just my opinion, review my previous charts. Bitcoin at and below 20K will present a major buying opportunity. Bitcoin is not done and not for the faint of heart, protect your capital
NASDAQ:ANY
by tb1964
1
1.1 Billion Vendor Financing, 400 Million + in Stock 2 b issuedIf the company values that equity at $3 that comes to around 133,333,333 new shares. I'm wondering where the $429 million down payment comes from as well? Shelf offering or private placement? 1.1 billion in vendor financing is a MONUMENTAL chunk of money to overcome for a small business entering uncharted waters. NuMiner Global is in the business of making money so I'm sure they have an anti-dilution clause built into anything that is dependent or requires raising capital out of the company's common and preferred stock which means they'll just keep selling stock until they make the payment at the continued cost of dilution to shareholders. As the equity falls my concern is that I've seen this untold times where the company sells the stock, and with each marginal share sold the share price drops accordingly until there's a bigger issue facing the company, a death spiral. I'm not saying it's all BAD. In fact, it's great so long as there is no hitch in the giddup. But the company itself already identified an issue with their NASDAQ listing requirement which they said might come at the cost of a reverse split. I'll look for their 10K or 10Q to see how this deal actually pencils out and how it may all affect shareholders. Be cautious, the ten year keeps rising, and the market is looking squirly. If the ten-year yield and dixie both continue moving higher, well...., it may be timber time, watch your backs!
NASDAQ:ANY
by tb1964
1
Might want to be cautious here If you look at each rally from trough to peak and the resulting correction you can see most pullbacks correct back down to the fib 1.618 retracement level. This move may continue to $4 who knows? It's good news, but I'm not convinced BTC has found a floor as it has now arrived at a critical point. ANY is oversold...yes it could continue higher. The question is IF there's a new floor in BTC and if so will it hold? OR... is this just a bear market relief rally before BTC reverses at or near 43,063 before continuing the next leg lower towards $20K? Maybe best to wait for a confirmation signal, just my opinion. Look at the past volume indicators. Based on volume, it looks like this move is mostly short covering compared to historical volume patterns. The June 01 rally and September rally blow-off top were on larger volume than the existing rally and with the news, and that to me is not convincing information....Good luck,
NASDAQ:ANY
by tb1964
ROCKET SHIP ABOUT TO LAUNCH !Will Rob Chang deliver? You bet he will! Bullish technicals on the weekly (Bouncing Off Support/ Golden Cross/ RSI Oversold). Bitcoin reversing the downtrend into a bullish February. Additionally they have one of the largest orders of Bitcoin Mining Machines. With a merger pending to be complete at the end of this Q1 with Gryphon mining. This is a no brainer. The sky really is the limit. Let's see how high Rob Chang can take us. First two targets on the chart.
NASDAQ:ANYLong
by Slowshark
3
Next stop $1.28 Reverse Split Coming!with an I/O of only 63.2 million shares, all management can do here is reverse split the stock? No wonder why the slide has accelerated. Management posted that news article after the market closed so it wasn't a focus but guess what, it was noticed. Naturally, the news is not good here and in my opinion, killing what's left of shareholder value as the average investor knows they will be wiped out here as they stare down the barrel of a 1 for every 5 shares reverse split, they are jumping ship. Adding more misery to the equation Crypto is headed down to sub 20k based on my chart analysis and 40K failed. Next stop closer to $1.28 as this one breaks below $2
NASDAQ:ANY
by tb1964
No News is Good News...So far. If $2.70 fails, look to $2This area should be a strong area of support. Based on my charting, Crypto should bounce. Crypto's not done by a long shot, but certainly, bearish and the trend is down, with that said, I think there is a reversal coming, and if we get over 53K in Crypto, another shot at a top between 73K and 90K. BTC is the gorilla in the room today and will float most boats IF this trend reversal plays out as I think it may in the next week or so. I'm not saying it's going there in a week, what I'm saying is that I think this correction in Crypto is nothing more than a healthy correction and it will take time but who knows? If ANY fails to hold support here at $2.70, the next stop is a slow painful crawl to $2.23 and if that fails a retest of $2, and if that fails, well....you see my chart. I'm optimistic that the merger will produce results and this company is continuing to move forward... otherwise I'm assuming that even though they would not want to, they would have provided reasonable notice to their shareholders/stakeholders otherwise. This one will move according to the Crypto market. If that market drops, expect steeper losses here because there's no other story here but this lingering merger which should get a nice pop when the news of its successful execution is out of the bag.... period. Finally, in my opinion, If there's an issue with the merger, well then...put a fork in this one.
NASDAQ:ANYLong
by tb1964