Well, shit. Thanks - I guess I thought there was a delivery gap between the new and old blade models and nothing was currently selling. Guess not.
It could very well just be an advertisement for the new blades, then.
This puts your lessons on reading comprehension and claims of being a well informed investor into clear perspective.It could very well just be an advertisement for the new blades, then.
Oh, yes, definitely. The constantly changing and nearly impenetrable reseller threads are my primary focus in evaluating AM's fundamental value, and the avoidance of the 1-2 weeks of backlog I expected greatly alters my estimation of their potential profits.
I'd never claim that I am never wrong, but I spend at lot of energy trying to correct myself when I am. Being right 51% of the time in any market is enough to become quite wealthy, and I bet I can do a lot better than 51% around here.
I wouldn't expect you to claim you are wrong directly either
Public companies are required BY LAW to hold annual in-person shareholder meetings, and quarterly conference calls. Most companies go far beyond that and hold frequent events and Q&A sessions for investors, as well as press releases. For many companies the CEO's primary job is investor relations - the COO and operations folks take care of the day-to-day.
you can't be serious to expect this comfort from a small company like AsicMiner in a chaotic market like that.
You realize that friedcat even personally refreshed the list of direct shareholders in the past?
Ever seen a CEO do that?
This is a small company with potential in a growing market. Give it some time.
Do you know why those other hardware companys like Avalon or BFL don't ipo and sell shares?
They take preorders as loanfree credits to produce some promised hardware that will be delievered whenever they want to.
You're right, I expect more communication in a high-risk, dynamic market. The time investment to keep shareholders up to date is negligible. It doesn't have to be a pretty report every time, just a blog or update post.
Like the one from September 2? Did you read it?