Weekly Report.
A fairly quiet week in comparison to previous times.
Unfortunately labcoin is acting in a way which makes it difficult to know what is really going on. Hopefully this will change in coming days with a real update. My sentiment is still somewhat positive towards labcoin. If what they have reported is true then the stock should see a rise in the next week.
One thing that this week has been excellent for is trading off of volatility. Sometimes this volatility correlates quite directly with manipulators on the bitcointalk.org threads. It makes it possible to see when someone is selling off due to emotion. This can be exploited. On two occasions when Labcoin was at .003 Sandstorm has bought shares for the purpose of flipping.
Some Ciphermine bonds were purchased. I see this as a good way to hedge against a possible fall in the BTC exchange rate. If the interest rate is no longer attractive they will be sold.
This week rental starter shares will be liquidated
NAV is still down, but stabilising. The only thing that will truly hurt sandstorm in coming days is if ActM or Labcoin fail or if ASICminer continues to decline past 2.0BTC.
Happy trading
more info:
https://docs.google.com/spreadsheet/ccc?key=0AhkfI_u94nYydFRIaTlBNE14aHBZNzIxRlBLWlhzTlE&usp=sharing
A fairly quiet week in comparison to previous times.
Unfortunately labcoin is acting in a way which makes it difficult to know what is really going on. Hopefully this will change in coming days with a real update. My sentiment is still somewhat positive towards labcoin. If what they have reported is true then the stock should see a rise in the next week.
One thing that this week has been excellent for is trading off of volatility. Sometimes this volatility correlates quite directly with manipulators on the bitcointalk.org threads. It makes it possible to see when someone is selling off due to emotion. This can be exploited. On two occasions when Labcoin was at .003 Sandstorm has bought shares for the purpose of flipping.
Some Ciphermine bonds were purchased. I see this as a good way to hedge against a possible fall in the BTC exchange rate. If the interest rate is no longer attractive they will be sold.
This week rental starter shares will be liquidated
NAV is still down, but stabilising. The only thing that will truly hurt sandstorm in coming days is if ActM or Labcoin fail or if ASICminer continues to decline past 2.0BTC.
Happy trading
more info:
https://docs.google.com/spreadsheet/ccc?key=0AhkfI_u94nYydFRIaTlBNE14aHBZNzIxRlBLWlhzTlE&usp=sharing