Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share
by
howardb
on 27/03/2014, 21:44:46 UTC

Why do you have to resort to name calling?
OH, yeah I know why, because you are out of your depths and instead of educating yourself, you play bully to cover up your lack of knowledge.
I suggest you look up the following authors for a start, victor sperandeo and stan weinstein. They provide a great starting place for those looking to trade stocks/commodities/etc.

Boy you are so far off the mark with me I'm not sure where to begin, but it does typify your ignorance:

a) Do I know how the markets work? Well lets see, i've been personally trading for 30 years in pretty much all available instruments. I've been a software designer in futures trading for a major scandinavian bank, and a settlement systems designer for a major US brokerage. These days I'm involved in helping UK banks implement cloud infrastructure.

b) Why do I name call? I have a very low tolerance for ignorant people who try to lecture other people with misleading or plain incorrect facts.

c) Why do I think you are plain wrong? Suggesting the one week dividend cycle will engender different price behaviour to the more normal quarterly or annual cycle of corporations is bizaar at best. The value of the upcoming dividend WILL be discounted to share price when it's paid (ex div). Just like every stock in the world. Right now that dividend is NOT big enough to make a difference, but that behaviour WILL assert itself as the dividend grows.

d) Can the share price drop? Yes if course it can, already described how,you chose to ignore the point, so i'll make it again. The share price will drop if/when the market realises the asset base growth is not keeping pace with the Bitcoin difficulty growth! Because THAT is the basis for fundamental valuation of the project's shares (The future potential earnings + physical asset values) REGARDLESS OF DIVIDEND. Get it?Huh