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Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 103. (Read 223316 times)

hero member
Activity: 700
Merit: 500
Just thinking out loud: why are these additional 2 million shares thrown on the market today and not tomorrow, after the announcement was made? If the announcement is super-duper exciting then one could expect that the shares could be sold at an even higher rate, or not?
legendary
Activity: 1554
Merit: 1000
I still have trouble grasping as to why shares rose from 0.0008 to 0.0025. 300%+ increase, just from speculation of an announcement, and ken issuing more shares all seems like an coincidence.

Could he and many that were involved in pumping the price up just so the newly issued IPO could be sold for a much higher price (0.0025) as opposed to 0.008+ or 0.001 which was what ken has noted in the past.

Investing into something bears a certain amount of risk. Anyone that bought a while ago at a small price had to bear a significant risk.

Tomorrow we'll know if the price of 0.0025 is justified or not by the remaining risk. Is the risk now 3 to 5 times smaller? We'll know tomorrow, I guess. Tongue

Nicely put, and the answer is yes.  Wink
Vbs
hero member
Activity: 504
Merit: 500
I still have trouble grasping as to why shares rose from 0.0008 to 0.0025. 300%+ increase, just from speculation of an announcement, and ken issuing more shares all seems like an coincidence.

Could he and many that were involved in pumping the price up just so the newly issued IPO could be sold for a much higher price (0.0025) as opposed to 0.008+ or 0.001 which was what ken has noted in the past.

Investing into something bears a certain amount of risk. Anyone that bought a while ago at a small price had to bear a significant risk.

Tomorrow we'll know if the price of 0.0025 is justified or not by the remaining risk. Is the risk now 3 to 5 times smaller? We'll know tomorrow, I guess. Tongue
sr. member
Activity: 305
Merit: 250
I still have trouble grasping as to why shares rose from 0.0008 to 0.0025. 300%+ increase, just from speculation of an announcement, and ken issuing more shares all seems like an coincidence.

Could he and many that were involved in pumping the price up just so the newly issued IPO could be sold for a much higher price (0.0025) as opposed to 0.008+ or 0.001 which was what ken has noted in the past.



The jump scared me - looks like a pump and dump - so I sold at a rate to break my capital out.
member
Activity: 70
Merit: 10
I still have trouble grasping as to why shares rose from 0.0008 to 0.0025. 300%+ increase, just from speculation of an announcement, and ken issuing more shares all seems like an coincidence.

Could he and many that were involved in pumping the price up just so the newly issued IPO could be sold for a much higher price (0.0025) as opposed to 0.008+ or 0.001 which was what ken has noted in the past.

hero member
Activity: 560
Merit: 500
sr. member
Activity: 266
Merit: 250
Science!
Necessary, i would have thought. Too high too fast gets the uninitiated exposed, me thinks. We saw it when people wanted refunds from .0009 to .0005

P.S. Can someone stand at the Ask wall, and politely move along those sellers getting in the way, please. Thankyoumuch.

Selling right now is a bet against tommorow's news, simple as that. There are always two sides on each bet. I've chosen mine long ago! Smiley

I have to admit, the announcement of the announcement has piqued my interest.  Huh I'd like to see the pass-through on BTC-TC approved, though, because as of now, a bet on AMC is a bet on BitFunder AND a bet on WeExchange. I decided to punt a few coins on AMC/BitFunder/WeExchange, so I guess I am upgrading my previously held assessment of AMC from AMC is a SCAM to AMC is an interesting but risky investment.
member
Activity: 70
Merit: 10
I'm so glad I invested ~5BTC months back and hating myself at the same time for not putting a higher % of my investments into AMC.
Vbs
hero member
Activity: 504
Merit: 500
Necessary, i would have thought. Too high too fast gets the uninitiated exposed, me thinks. We saw it when people wanted refunds from .0009 to .0005

P.S. Can someone stand at the Ask wall, and politely move along those sellers getting in the way, please. Thankyoumuch.

Selling right now is a bet against tommorow's news, simple as that. There are always two sides on each bet. I've chosen mine long ago! Smiley
legendary
Activity: 1554
Merit: 1000
SPRINGFIELD, MO, – June 26, 2013 – Active Mining Corporation (AMC) is announcing today the release of 2,000,000 shares at a price of 0.0025, in preparation for tomorrow's announcement concerning recent developments in their Research and Development program. The decision to release 2,000,000 today was made to resume the gathering of necessary funds for NRE costs, as soon as possible.  Active Mining Corporation is a Belize International Business Company DBA Active Mining Cooperative (AMC).


Very Smart move Sir.  Wink  Grin

Necessary, i would have thought. Too high too fast gets the uninitiated exposed, me thinks. We saw it when people wanted refunds from .0009 to .0005

P.S. Can someone stand at the Ask wall, and politely move along those sellers getting in the way, please. Thankyoumuch.
hero member
Activity: 560
Merit: 500
SPRINGFIELD, MO, – June 26, 2013 – Active Mining Corporation (AMC) is announcing today the release of 2,000,000 shares at a price of 0.0025, in preparation for tomorrow's announcement concerning recent developments in their Research and Development program. The decision to release 2,000,000 today was made to resume the gathering of necessary funds for NRE costs, as soon as possible.  Active Mining Corporation is a Belize International Business Company DBA Active Mining Cooperative (AMC).


Very Smart move Sir.  Wink  Grin

Hit the the hammer while iron is hot  Cool
sr. member
Activity: 376
Merit: 250
It makes me happy that amc price is rising but my AM shares are going down now...

The solution is to BUY AMC and sell AM.  The writing is on the wall.

I think some diversification is OK, I have also AM shares and others, do not want to be in one security only... Grin
sr. member
Activity: 294
Merit: 250
It makes me happy that amc price is rising but my AM shares are going down now...

The solution is to BUY AMC and sell AM.  The writing is on the wall.

Asicminer's hashrate is not going any higher. With all of the competition arriving they are going to have to spend more money to keep that hashrate at that level. That means less dividends.

ALSO: The price drop on the Eruptors is a sign that sales are slowing down.
legendary
Activity: 1554
Merit: 1000
It makes me happy that amc price is rising but my AM shares are going down now...

If the current PUT options at 2.237 (BTCT.CO) were longer than 2 days, i would have them.
sr. member
Activity: 476
Merit: 250
It makes me happy that amc price is rising but my AM shares are going down now...

The solution is to BUY AMC and sell AM.  The writing is on the wall.
full member
Activity: 238
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
It makes me happy that amc price is rising but my AM shares are going down now...
member
Activity: 61
Merit: 10
LMAO got in at under .003 in the nick of time. Cannot wait for this announcement!

Don't worry, you are in fine, if you are a "Long Term Investor".

Oh, I am haha. I see some great promise here. Smiley
sr. member
Activity: 476
Merit: 250
LMAO got in at under .003 in the nick of time. Cannot wait for this announcement!

Don't worry, you are in fine, if you are a "Long Term Investor".
legendary
Activity: 1022
Merit: 1000
2 million shares wall at 0.0025, it seems this is the IPO price in btc-tc
Vbs
hero member
Activity: 504
Merit: 500
[email protected]... Shocked

Oh I'm expecting some JAW DROPPING news tomorrow! Grin Grin Grin
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