Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
why not just keep them? You're not providing a single good reason for selling this cheap... You will still get the dividends regardless of the actual price on the market. And once friedcat comes with Gen 2 you will be happy that you haven't sold.
Because I've no longer have so much trust on AM as I had before, and because psycology is strange: I hate to have missed the opportunity to make big gains, but I'd hate even more to actually take losses. So I'm selling at a price that would make me go on par (and this would still mean I've partially "lost" the time I've spent in doing this trades).But... I'm partially convinced I could wait a bit after all, so I've slashed the sell to only ~half of my shares.
(not that I think the order will actually get filled)
You are not alone Lohoris.... sums up my thought process on AM as well. I made a lot of profit trading prior to the summer... but I see now with AM my judgement was a bit clouded. Couldn't believe it was dropping so much after being on the ride up from 1.3 to 5.0 and should of sold back when I was down 15% (like I normally do) instead of riding it out and hoping for a turn around at like the 60% loss I'm at now.
But that being said I'm holding on
. Ya don't think those 4-5 btc-a-share-days are coming back but still think asicminer is undervalued right now at 1.35 or whatever it is. Vycid was driving me nuts with all his constant posts on how asicminer should be worth less etc etc etc but hey got to at least give him props for making the move to short, he's the guy making a nice profit in the end, the annoying bastard /