Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
jjdub7
on 12/12/2014, 06:46:48 UTC
Sadly, this doesn't matter anymore.  When BitFury releases it's IPO price in the next 6months after their upcoming gen release, it will and should absolutely shatter the AM share price (creating a similar effect to what's in play RE: IBM vs. AMD $ share price).  There will be a David vs. Goliath scenario in these chip mfg sectors - just...please don't envision your sight of David's size if you've never had to really compete with Goliath on the open market...the over-estimation of the equity's future value without a key growth plan would make you vomit make you vomit if you could see the writing now on the wall with BitFury press + the recent Microsoft announcement...

This is a prime scenario that explains where a company could completely burn it's goodwill ledger.  One poor end user, home-based product generation has eliminated a whole sector's worth of market-reciprocal investors.  This type of equity-present-value loss could only really be recovered at this granite-shill inflated price right now.  Looks like a few board members see the cancer in their portfolios at a stage 3, when they expected notification at the onset of stage 1.

Literally terrifying to think about.  That being said,AM's cash reserves are fucking enormous.  If you haven't been personally monitoring the associated addresses on a 2-3 day basis, you're missing it completely.  Just remember that compared to BitFury, any dividends paid are not reinvested capital.  And those funds are some dank, sad, stagnant couplings of bullion-esque data.

AND AMHASH is the realistic mining/"transaction processing - fuck you, BitFury" solution that the sector desperately needed...so don't ignore it completely - there's potential in AM still to come, just nowhere near when you think it will arrive.