Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
jimmothy
on 04/11/2013, 00:26:19 UTC
Very easy for you to say after it did happen.
everyone's a perfect investor using hindsight...


And that alone shows how naive the investors are who move their price perception based on dividends that'll only last weeks at best.
I don't know.  Current prices are around .7 for AM, so buying now with the .06+ div coming over the next month earns you roughly 9% on your investment.  That's not a bad investment.

And seeing how share prices respond to increased dividends, it's likely that you'll be able to sell those shares at week 4 for more than you can buy them now.

In the current Bitcoin securities market, I'd say 9% in a month ain't too shabby.

You are forgetting that there is no such thing as a 0.06 div coming.. Simply made up number. To properly calculate how much dividends shareholders will recieve from the sales of all 500gh/s of these gen1 you have to subtract the cost to manufacture and distribute and then you can calculate the profit. In reality it will be nowhere near 0.06 per share.

However the cube proves that FC can provide competitive hardware using old tech, when he switches to gen2 he will have a huge advantage.