Post
Topic
Board Securities
Re: Active Mining Speculation Thread
by
FloatesMcgoates
on 12/07/2013, 16:24:47 UTC
I've said this before but theres no way the wall gets destroyed in any reasonable time frame (Less than 1-2 weeks), and optimistic projections are looking at a rate of 2-3 months. There isn't any reason to actually buy shares at .0025 right now, even if you value activeminer above that (which I do). Buying shares at .0025 means your money is going to be parked doing nothing for a long time, while you could use that time to trade or even have the money sit at just-dice.

Doing nothing? Will you give me your dividends then? Grin

I can buy at .0025 1 hour before dividends, then sell at .002499999 after dividends every week.

You can, until you can't. The can't buck the market, it will catch you out!  Wink

Total trading fees for my transaction would be less than 0.00001. Last week's dividend was .000018. If you and I both think AM is valued more than .0025, then I will have no problem selling at .00249999. In the time between weekly dividends I can use that money for trading and just-dice (which is currently paying out well over 1% a week), and then come back next week and do the same thing because I know that the price isnt going anywhere.