Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
Blazed
on 06/09/2014, 00:42:06 UTC
Seems like a lot of rose-colored glasses in here IMHO. Last year AM was poised to be a giant, but they have fell pretty far. They just weren't quick enough and didn't have as many resources as the other giants who entered the field.

There huge first mover advantage was not fully taken advantage of. When the price was 0.25 for a long stretch I thought AM was overvalued, as I said about 20 pages back or so. But 0.16 does seem much more reasonable. But I do not see how anyone can expect any grandiose movements some people are going on about here.

I get the sense that the profitable elements of the company have been removed, or planned to be removed, from AM's stock and into other entities.

I still think Friedcat and his team have tons of talent and know-how but it just seems like AM share holders are really secondary, the leadership is pursuing sustainable profits off the books.

All heresay and speculation, just my 2 cents, seeing this company go from +4 BTC share down to 0.15. The bitcoin space changed massively in a year.

I would have to agree with you...I think off books they are killing it, and that explains the lack of interest towards this thread and shareholders. Obviously I am just speculating like everyone else here since we do not know anything, but it does fit the scenario pretty well.