Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
fonsie
on 16/06/2014, 17:32:54 UTC
@Puppet
At first I thought you were a troll, my apologies.

I am the sucker that bought this saturday for 0.08/share, 125 pieces, I'm also the sucker that just dumped 125 pieces, giving me a loss of 1.65BTC.
I should have done my homework better, the more I read what Puppet has to say, the more he makes sense, a 50/50 div/reinvestment, is not going to be enough in the long run, so it will have to get adjusted, thus decreasing the price/share (it should have been 10/90 from the start, not a single company gives 50% dividends). We are already at 0.66, one big dump and it's blood in the streets.

Last IPO was not a complete success, the next one will also not going to be a success.

After doing too little investigation I was toooo excited about PETA, consider the 1.65 BTC a donation to the bitcoin community  Grin

I'll be investing euros to cover my lost 1.65BTC, so I won't be feeling miserable when bitcoin hits >1000$. This will also increase the value of all other bitcoins  Grin

Luckily I didn't realise a fiat loss...but it has been a valuable and expensive lesson.

Thanks Puppet, you saved me from loosing another 8.35BTC.

Also the fact that I noticed that Havelock has been down 2 times already on 2 days, doesn't give confidence, even at this low volumes.