Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
reedlaw
on 15/09/2013, 12:31:08 UTC

So, do the math. Or look here:

https://bitcointalk.org/index.php?topic=235763.msg3134886#msg3134886

Ask yourself this - for a company that went up 5000% from the IPO, would you consider a fair value overshoot of a couple hundred percent unreasonable? (Don't forget that USD/BTC is up 10x from the IPO too).

I'm sorry if you lost money, but if you do not base your stock trades on facts, math and logic, you are a gambler, not an investor.

At your target price of 1.5 BTC based on projected net profit 10 years from now, 2 BTC is a good deal considering the dividend payments which will quickly add up to greater than 2 BTC even if the price goes down to your target.