Quote from: iSnow on November 28, 2013, 05:28:13 PM

Quote from: drawingthesun on November 28, 2013, 04:41:36 PM

EDIT!:
Do you really think the shares will never hit 0.0088? That is only 21% higher than the ATH. If you don't think we can pass the ATH when we are mining in full may I ask you; why are you still invested? You don't have high hopes for ActiveMining.

Show me one BTC stock that has reached or surpassed its ATH lately. AM is down 90% from its ATH, VTX 80%. Times are bad for securities denominated in a currency that goes into full deflationary tailspin, this was not clear to me when I bought some shares of ActM, AM, Labcoin and others. In the mean time I have learned that BTC is the fiercest competition to shares. I always considered the $300 I gambled on bitcoin-stocks a high-risk game - after all, if one of several stocks explodes, it might pay for the scams and failures of the others. If none pays back the coins I put into them, some might at least pay back the $300. And if none does, it was an interesting time.

I do believe that FC and Ken are sincere, honest and hard-working. If this is enough to corner a market with high-tech that usually is developed by a whole team of engineers, sales people and managers, I don't know. Building 28nm ASICs from ground is no child's play, I expect delays and problems along the way. Unfortunately time and the exploding diff are our enemy, so we might arrive at mining rigs that work but are outdated.

At any rate, I can see no proof that we have working miners shipping to customers or orders placed at eASIC and I would not be surprised to learn that November turns into new year. We'll see.

Of course, ActM ATH share price never reflected actual mining proceeds. So, the comparison you are making is in error.

Also, if ActM is successful, Ken may start hiring a small team of engineers, etc. At the moment that may not be necessary.