Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
supert
on 05/09/2013, 07:55:00 UTC

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.

I think Vycid is one of more intriguing characters here.
I personally think he is gauging towards shareholders sentiment.
At least that would explain persistence in the effort.

At the very beginning he was accused of FUD. Which indicated clearly "hype" type of state of shareholder's sentiment, thus price is rather high.
Now we we see some people who "switched side" and agree with him, thus indicate that they most likely sold out and are potential buyers in the near future.
I think he waits for more people to reveal bearish sentiment which will lead to conclusion that everybody sold out, thus all what is left is buying power.




i think Vycid is a narcissistic troll who happened to be right about a couple of things. He promised to reduce the post count; he hasn't so is back on ignore.

I predicted .014 just because It gives 30% yield at current price. That's all that's setting the price.

Below 2.5, am is cheap.