Yes lost them all. Havelock gave me back 50%

You mean you aren't going to sell?

Neither am I, but only because my shares are worth peanuts compare with what I paid for them. They just aren't worth selling at current levels.

Again, relying on hope ..... AM didn't predict these problems with Gen3 did they? They told us how amazingly power efficient the chips would be. Why do you believe, and that's believe, and not hope, Gen4 will be any different. Not even talking about Gen2 that disappeared without even being made without an explanation.

You know the bitcoin price could easily decline from where it is now right? You don't have to believe all the bitcoiners that we are going to $3000 soon.

Its a quintessential human quality, hope. People make a lot of money off it

All I'm saying is for every optimistic circumstance there is the opposite. I should know. I paid 4 BTC for AM shares a year or so ago .....

That was exactly their policy with gen 3. How did that work out?

Bottom line, if they aren't paying dividends, share price will slide and slide. There is no way AM can wipe out  the competition because of "lowest cost". Business ain't that simple.

Just trying to work out how "fail, fail" = "much success in future"? 

The fierce competition will not disappear, the BTC price is falling fast, AM will not suddenly do PR properly (PR representative promised 8 months ago?!?), or probably even build an English website, and who knows what Gen4 will be like .... given that past behaviour is the best predictor of future behaviour, my hopes are not high.

As a shareholder I wish I was wrong ....

I don't actually believe in the concept of long-term investing in AM. Why invest in someone that doesn't run a real company and you have no idea where he lives? We all invested in the first place because of the dividends they were paying out.

Hence the share price now being 1/10 to 1/20th of what it once was. No dividends = amazing amount of risk

Are you imagining FC is making more than 10 BTC every hour on guild? Nice if it were so ......

Whatever, up is good. But we've been to 0.30 btc and back again all too frequently. be nice if this rise was based on some "facts"

They've bought 4 shares. Hardly earth shattering 

Another 50 or so shares dumped at Havelock. Guess it was the unfulfilled "end of August for divs" suggestion by FC that has pushed more people to sell up.

Hard to know at this stage whether these shares are "cheap as chips" or gradually becoming worthless.

As ever, only FC has the answer .... least I hope he does  

Hopefully not a hacked havelock account like I suffered

He only said he hoped he could start paying divs in August. based on that, I certainly wouldn't expect divs in August, an outside hope at best. The days of FC under-promising and over-delivering are well gone.

Also, it only appears he has gone back to the self-mining plan because the OEM deals have failed to bring in the buyers. Doesn't sound great to me, more like "last resort".

FC had that goal about 12 months ago. What happened in the last 12 months. The shit hit the fan unfortunately and we got paid virtually nothing.

Best laid plans of mice and men and all that .....

Looks like a nice guy. Think he could afford Lasik though  

My only concern is its August already and he's only "hoping to resume dividends in August". Guess it just shows how quickly the bitcoin mining biz moves if a major player can't make profit forecasts for the next 30 days.

What was the previous price?

Is that a report from the conference?

FC ran into efficiency problems with his Gen3 .40 chips, and that was after abandoning the earlier attempt at Gen2 ...... so AM aren't immune to chip problems at all. Will Gen4 chips be "damn near perfect"? Love to think so, but recent performance suggests its unlikely. But I'm ever hopeful (delusional?) 

Back down to 0.30 lol

I think you are right though. The August 2nd  conference will reveal much. The spread is there because people are currently speculating in a near vacuum.

Lots of "investors" appear to be manic-depressive in nature though. No news for a few weeks and they get all depressed and sell out for IPO amounts. FC opens his mouth and the price doubles, and we are back to FC for president, and going to dominate the market again.

Well its better than paying 4BTC a share like we were last year, that's for sure 

The idea is that they are selling the stock as we speak. Selling chips makes a good return. Holding cash doesn't. If AM can't make a profit selling chips we are all f**** anyway. They have always held enough back for reinvestment anyway.