You need to read the comments made in context to see just how off the mark MPOE-PR was.
Specifically it's already paid out more in dividends in the last 3 months than she claimed the shares were worth at most.
I agree with MPOE-PR on a lot of things - on that issue she was utterly wrong. I also undervalued ASICMINER (I sold at about 0.75 BTC - clearly an error with hindsight). What I got wrong was the extent to which BFL and AVALON would totally screw up and leave ASICMINER able to help themselves both to Mining and to sales - and, perhaps most importantly of all, to credibility. What MPOE-PR got wrong was the assumption that EVERYTHING not on MPEx is crap and will fail. Being listed on MPEx is neither a pre-requisite for success (see ASICMINER) or a guarantee of success (see BitVPS, S.BBET so far and the Giga pass-through). FWIW I personally consider a security to be a definite success when (and only when) investors have received back at least the average IPO cost in dividends/final payment. Until then it can only be a likely success that could still end up a failure if the operator ran with the cash - as recovery of funds in scammed/dead BTC securities is pretty much nonexistent.
I tend to agree with you. Hindsight though is a horrible way to make decisions when you invest.
I made a yes bet
here as a gamble because it is a thrilling opportunity for disproportionately large returns. Given the information at the time it was bold and risky, and it is still a longshot bet (though not quite as long anymore).
Even with ASICMiner's stellar actual performance there hasn't been a time where one the hype is filtered that it has seemed to me to be worth quite what its trading for. Even with their credibility and competitor's lack thereof. I am not an investment person. I am not a finance person. I am a gambling person, but without using hindsight I can't look back and with the information (or lack thereof) think there was a time when ASICMiner seemed like a good opportunity.