Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
Resistance at 2.4 just vaporized.
How low can we go???
How low can we go???
Vycid, post that stuff in the speculation thread, that's why there is one.
you really come across as a daytrader with a short attention span,
it's needless to constantly rumble through here telling us how AM is going to hell.
i don't care what's the shareprice right now, i wait at least until 2nd gen release before I think about selling because nothing else makes sense at this point.
so you're shortterm trading?
fine, but spread your shortsighted "analysis" and predictions where they belong, because you have no information whatsoever what happens mid- to longterm.
can't we just enjoy our divs for a minute???
happy frieday everybody!
Uh, I actually am not a technical trader, and I have never played a short-term movement on AM. I don't know how many times I have to say it: my issue with AM is with its fundamentals, not its share price momentum. I was bearish long before AM started going down (that's how I own options - people were willing to sell them to me).
But none of this changes the fact that the previous strong support at 2.4 evaporated in all of 5 minutes. I may be a fundamental investor but I'm not blind. (You are right, however - it did belong in the speculation thread.)
And happy friedday
those dividends were quite strong.