Topic: ASICMINER Speculation Thread - page 101. (Read 808847 times)

I've already delta-hedged all my remaining options, so the execution is just a formality. Theoretically there is still black-scholes value associated with the options; if the price went back above my target, I could sell back out of the delta-hedge and become net short again.

However, the counterweighting factor is the risk associated with holding options on an imploding exchange. That alone isn't enough to make me execute yet, but now that I consider I am also trapping the money of the people that wrote me options on BTCT, that is enough to compel me to execute the remainder later today.

Sorry, by the way. I don't enjoy taking people's money. At least you did a little better than you would have if you bought another share outright.

Yup.
Are you waiting on purpose, confiding it won't break soon?

Guess it's time to exercise my options...

As I said before, the dividends are meaningless at this point. They will be low as all coins going towards gen 2 R&D.  What matters is the hashrate and ASICMiner being able to stay ahead of the game.

Shall we trigger the transfer out to btct or wait for burnside to speak??!

I'll answer a bunch more of these questions tomorrow, but I think these are important to address quickly:

First.  The asset issuers have what they need to continue after the trade-freeze.  I am not selling my assets because I hold assets with issuers I felt like I could trust.  In other words, think about what you're doing before you do it.

Second.  If you're trying to withdraw and it's locked, please make sure you've plugged in your address on this page first:  https://btct.co/account?tab=tab2  We have everyone's funds, though I am going to have to pull some funds out of the offline wallet tomorrow I am almost certain.

Third.  ASICMINER-PT shareholders will be fine.  We have lots of options.

Cheers.

Shall we trigger the transfer out to btct or wait for burnside to speak??!

I'll answer a bunch more of these questions tomorrow, but I think these are important to address quickly:

First.  The asset issuers have what they need to continue after the trade-freeze.  I am not selling my assets because I hold assets with issuers I felt like I could trust.  In other words, think about what you're doing before you do it.

Second.  If you're trying to withdraw and it's locked, please make sure you've plugged in your address on this page first:  https://btct.co/account?tab=tab2  We have everyone's funds, though I am going to have to pull some funds out of the offline wallet tomorrow I am almost certain.

Third.  ASICMINER-PT shareholders will be fine.  We have lots of options.

Cheers.

any idea of what happens to all those pass through AM shares?

Guess it's time to exercise my options...

that's why the price is tanking like crazy... anyway this is an exchange issue, not an AM problem so it should stabilize once the btc-tc problem is solved... we have survived GLBSE which was much much worse.

^^^ holy crap that's crazy news!..  Man...

where  

An ASICMINER share sold @ 1.0 btc today?

I'm in mild shock. Never imagined it'd go that low, that seems a whack.

edit: Ok seems it was just 2 shares. Sort of an aberration. Maybe the dude was high or something. But still. Wow... that low eh..... 

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