Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share
by
mikemikemike
on 26/03/2014, 11:59:48 UTC
This is the most important part.
Owning shares in Peta is akin to owning ghs on the exchanges that sell them, except Peta will reinvest on your behalf and you can still cash out at your leisure.
If you bought 1 share and then sold after dividends were paid you cashed out with a positive roi, regardless of what's going on behind the scenes.


Only true if the asset values do not go down because re-investment did not keep up with BTC difficulty!
Suggesting to people they cannot lose assumes the share price won't go down, which it obviously will if the above happens! Somewhat disengenuous of you!

How is it disingenuous?
Your assuming that a lot of shares will be dumped after dividends, a bad assumption on your part. As long as the dividends are steady or slightly increasing more will hold than will sell.
You obviously missed my point entirely and are just looking for an argument.
I refuse to argue with anyone that would try to argue Petamine share price is a "sure thing". Makes you either stupid or deliberately misleading. If you were a stockbroker you would be facing mis-selling charges.

No you refuse to allow logic and commonsense invade your cognitive dissonance.
I never said that the share price was a sure thing.
What I said was it was a bad assumption on your part to assume a severe drop in price right after dividends have been paid.
BIG BIG Difference. It is obvious that you have no clue how stocks and other commodities are priced.
You have take many many factors into account when your dealing with investments, and with vehicles such as petamine that pay a dividend, it is likely that the price will stay steady, outside of the bots screwing with the price, or someone intentionally painting the tape.
You sound just like the type that flog bad investments to vulnerable people from boilerrooms. "it is likely that the price will stay steady" gives you away for the idiot or miscreant you are.

whatever you think about him personally doesn't make up for the fact he is 100% correct. People arn't going to sell there shares just because the dividend has been paid; on the contrary, if we keep increasing dividends per week the share price should bubble up soon before settling down at a level much higher than it is currently

-protip from a very successful daytrader