Post
Topic
Board Securities
Re: ASICMINER Speculation Thread
by
jimmothy
on 04/06/2014, 02:31:39 UTC
AM has already peaked. Way to much competition. Its continually falling share price reflects that. At $140 a share (current price), I don't believe this business is worth $56,000,000. Its hard to believe that this business was valued in the hundreds of millions just a few weeks ago. IMO its threshold is .25 BTC a share, and thats assuming BTC doesn't explode in value.

Where is this competition you speak of?

$56,000,000 is not much considering the company just doubled its assets in a month (now ~$8,000,000).