Quote from: hlynur on September 05, 2013, 05:57:17 AM

Quote from: Vycid on September 05, 2013, 04:29:05 AM

Here's a selection of my (relatively recent) posts on AM. Oldest to newest down the list.

https://bitcointalk.org/index.php?topic=99497.msg2955785#msg2955785
https://bitcointalk.org/index.php?topic=99497.msg2969164#msg2969164
https://bitcointalk.org/index.php?topic=99497.msg2984500#msg2984500
https://bitcointalk.org/index.php?topic=99497.msg2984672#msg2984672
https://bitcointalk.org/index.php?topic=99497.msg3059608#msg3059608
https://bitcointalk.org/index.php?topic=99497.msg3059938#msg3059938
https://bitcointalk.org/index.php?topic=99497.msg3060226#msg3060226

Obviously many of these are structured as conversations, so you may need to follow the links to the original posts.

ehm okay...no response to my thesis whatsoever
well i read through most of your comments and after all your criticism I really have to ask why are you investing in this company? Huh

please give me just some short headwords on what friedcat should concentrate to change things to your satisfaction?

for me one of the most underestimated fundamentals with AM compared to other companies is the mentality not to take preorders.
every other asic company made money because they promised hardware even if they couldn't deliever it in time.
by contrast every product that friedcat releases is selled out within weeks just because it is in stock, ready to deliever and gives a miner guaranteed timeframes to calculate with.
this fact distorts every comparison to other competitors.

sideline question: Are you invested in other companies?

Haha. I'm not invested in AM. I effectively maintain a short position via put options. When AM goes down I make money.

Frankly, there is nothing FC can do at this point to make the shares fairly valued. It's too late; all of the dividends that could've been used for growth have been paid out, and AM will never come close to its old profit margins.

AM won't go out of business, but there's gonna be some serious adjustment. For the long-term, not the short term, by the way - I would be shocked if we ever see 3 BTC again.

Not taking preorders doesn't increase AM's value, really. It doesn't magically increase their forward gross margin, which is going to shrink. The "no preorders" benefit will disappear entirely when all the other ASIC companies have hardware in stock, and brutal price wars will ensue.

I am invested in Litecoin Global (BTCT's parent company), but it's a small position and I don't pay much attention to it.

I am also invested in a number of companies on traditional exchanges but that's kind of tangential.