Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
I understand that you want to get more cheap shares. if not , what makes you spending your times day and day to explaining to everybody that AM will be dead?
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.
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.
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.
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.
vycid has his strategic standpoint and it's logical he's supporting these interests with his argumentation on this thread.
I'd still love to hear arguments why Vycid doesn't seem to be involved in any other ipo? (does AM have any benefits for him after all....despite going to hell of course?)
If I read through other ipo-threads (e.g. labcoin) and start comparing, i know why i invested in AM. Imo it still has the most transparency and best reputation for an already risky investment in this market.
(this statement is written with my strategic standpoint in mind
)