Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
VJain
on 18/06/2014, 05:11:35 UTC
I predict low share prices for AM in the near future, maybe record lows... not for bad news but because I imagine many AM investors will want to get into DataTank... and many of us already used all our available funds to purchase cheep AM shares.

There seems to be an appeal with DataTank, as they're working closely with AM. However, are current shareholders willing to let go of their shares for something that is farther down the line?

Dividend Payments
Profits will be paid weekly in form of dividends. First payments are expected when the initial hardware is deployed, 3-6 months after successful fund raising.

Perhaps I'm reading it wrong but it seems like quite the trade off with 3-6 months later, with the assumption that AM will start dividends sooner than that. There's lots to consider.

There are two ways to play this

One bet on the chip sales and gamble on the payments then do a switch
Or jump into the Datatank early and assume the price will rise as the dividends approach

Both strategies have a chance of burning so some people may just play it safe and do a 50 50 approach or a ratio more favorable to them.

Or just hodl the coins ... the best strategy so far

High risk investments can lead to great rewards... just ask all the IPO investors in this thread =]. I myself turned 10btc into a heck of a lot more then 10btc by NOT holding. People who are holding 100% probably don't even bother reading the security threads.