Quote from: rdyoung on March 28, 2014, 05:49:17 AM

Quote from: howardb on March 28, 2014, 04:27:29 AM

Quote from: rdyoung on March 28, 2014, 01:30:48 AM

Quote from: howardb on March 27, 2014, 09:44:46 PM

Quote from: rdyoung on March 27, 2014, 05:00:42 AM

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

First, you jumping to insults undermines anything intelligent and worthwhile you have to say. If you can leave the insults behind and carry on a conversation devoid of the BS, I am happy to debate or discuss any topic you can think of, if I don't know it well I will educate myself, the more data the better.

Second, while you are correct about the shareprice possibly being bearish if and when peta is unable to keep up with difficulty, that day is not here yet as they have not fully deployed the 700ths, and week to week as long as they keep deploying hardware it is likely that the price will keep steady or possibly slightly climbing. You also can not discount the people who stated here that they will be holding longterm, I am one of those, and while my holdings aren't enough to make a large dent, its fewer shares that are on the open market.

Third, you are trying to apply the same trading techniques and mentality to this market as you would stocks or commodity futures.
You can't trade a penny stock the same way you would goog or ibm. The market cap isn't there, neither is the volume. Pennies as well as the virtual markets such as havelock or cryptostocks, are traded more on emotion rather than technical analysis.

I am glad you posted your resume here, I hope it helps you feel better about yourself, as for me, I know what I know and what I don't know, those who know more than I do on a particular subject can likely judge my knowledge and skill level based on my posts.
The authors I suggested you check out, they are who I started with. Weinsteins how to profit in bull and bear markets is the penultimate guide IMHO for those who are either looking into or are already into technical analysis based trading. However, as I have said before, the volume just isn't there to trade securities such as peta or asicminer with technical analysis, instead you have to do your DD and treat it as if you were an VC or angel investor and decide whether you think they have a solid business plan and a clear and attainable path to being profitable.

This entire thread is filled with posts giving a pretty thorough analysis of petas potential profit or potential lack of.
There is likely a decent amount of BTC on the sidelines waiting for peta to fully deploy, when this happens I would bet that we see a decent spike in the share price. Along with those like me that are and will continue to reinvest, taking the shares from those that were only in it for a quick profit.

You really are an insulting, patronising, argumentative person. You should really re-read your own posts before you start calling anyone else out for name calling.

None of your above 'analysis', and I use that term in the very loosest of senses, supports your previous arguments for share price stability or selling post dividend "risk free". The very presence of that risk element in the share price means this investment is completely different from your earlier assertion that this is "just like buying hashing contracts" or words to that effect.

Yes, we are not there yet on when the share price might go down due to not keeping up with BTC difficulty, thats kind of an obvious thing to state during initial rollout phase, but the fact that it is small cap and illiquid is exactly why there is a high risk of a very sudden and deep fall at the very first sign of hash growth not being fast enough (either from not rolling out phase 1 fast enough or failing to roll out the re-investment hardware fast enough or re-investment not being high enough).

When confidence is lost in an illiquid stock, it only takes a few sellers to completely overwhelm the shallow bid, and price falls off a cliff out of all proportion to the real failure to deliver! That can happen, and it can happen at any time, so nobody should be getting into this stock on your advice that it's safe to trade it just for the weekly dividends, that would be bad advice, you may well find yourself losing everything.

Its quite obvious that you are one the just seething for an argument.

It doesn't matter what you or I have to say, the market has chosen. The market has decided that peta is currently worth .07btc/share.

All your doing to further your point of view, whatever it is, is twisting my words.
It doesnt matter that 2 others of have posted in support of me being correct in the short term, you continue to put words in my mouth and warp the ones I have typed, while ignoring other points I have made. Again, your trying to pigeon hole whatever logic you think works for you into this situation.

Because you are obviously incapable of a true debate I am putting you on ignore, don't bother replying to this.
I had held out hope that you were able to be a logical dissenting voice, but alas I was wrong.

Most people would recognise the above argument as about the stock, and why I believe it is a potentially very risky investment (not necessarily a bad one) but i'll take your 'ignore' as proof of your inability to logically counter a single point i've made.