So is the thought here this stock could skyrocket, like ASICMINER did???
Like do you see this stock someday going up in value to 1 BTC per share?
I am trying to decide if I should by more since it is rock bottom right now and all you keep talking about something big about to happen with it(Still reading this whole thread)
Not 1BTC but I would say 0.005 in the near futute could be possible.
This scenario seems likely to me, taking AsicMiner as the gold standard of bitcoin securities at the moment, at 4.5*400,000 AsicMiner = 1,800,000btc which the market deems is worth 20% of the network hashrate + sales
At 0.005*25,000,000 ActiveMining = 125,000 btc which is about 7% of Asicminer's market cap meaning that ActiveMiner will need to achieve/maintain .2*.07 = 1.4% of the network (+ sales). Anything greater than 1.4% of the network should result in a higher price.
The problem with this math is if in fact AsicMiner is overvalued. I will not speculate on this as I've been burned in the past when I doubted AsicMiner's resilience and momentum.