Topic: ASICMINER Speculation Thread - page 144. (Read 808905 times)
Down aaand up again... the friedcat bounce!
wow I got some at 2.7
guys, move those sell orders, people are going to fill them, and then you'll be sorry for selling AM at 2.9!
There should be no sell orders lower than 3.5.
There should be no sell orders lower than 3.5.
People are being ridiculously shortsighted. Two bad dividends and everyone's looking for cover...
Those people weren't here when AM was paying sub 0.01/share. I believe the term is "fair weather investors".
That's one good thing about a low div, people panic sell and I buy more cheap shares
People are being ridiculously shortsighted. Two bad dividends and everyone's looking for cover...
Those people weren't here when AM was paying sub 0.01/share. I believe the term is "fair weather investors".
The irrationality of these markets is great for investing/trading... People are panic selling and driving prices down considerably because of ONE "low" dividend.
If you assumed 0.0122 was going to be the new average, which many people seem to be doing, that would still equate to a 22% yield at a 2.90 share price. If we take the YTD average dividends though we're looking at approximately 43.5% yield at current share prices.
I think there will be some more sells throughout the day to shake out the weak hands/speculators... Hoping to pick up some more cheap shares after trading settles down a little.
If you assumed 0.0122 was going to be the new average, which many people seem to be doing, that would still equate to a 22% yield at a 2.90 share price. If we take the YTD average dividends though we're looking at approximately 43.5% yield at current share prices.
I think there will be some more sells throughout the day to shake out the weak hands/speculators... Hoping to pick up some more cheap shares after trading settles down a little.
yeah, if I had some coin, I'd be buying up, too.
We've seen this pattern before, big drop right after bad news/low dividend, then back up, as people want the cheap shares.
If we get an update from FC tomorrow, it might be enough to bring it back to the prices we saw yesterday.
Prediction: ASICMINER-PT will hit 4 BTC again within a month, i.e. from 21 August 2013 to 20 September 2013.
Wow, wasn't expecting this to fall this far...
Welcome to panic mode. Rationality flies out the window.
yep, I am not selling my shares for this cheap, it's not worth it. I can't believe people are willing to sell for this.
The irrationality of these markets is great for investing/trading... People are panic selling and driving prices down considerably because of ONE "low" dividend.
If you assumed 0.0122 was going to be the new average, which many people seem to be doing, that would still equate to a 22% yield at a 2.90 share price. If we take the YTD average dividends though we're looking at approximately 43.5% yield at current share prices.
I think there will be some more sells throughout the day to shake out the weak hands/speculators... Hoping to pick up some more cheap shares after trading settles down a little.
Cheap is relative to whatever the holder paid for the shares.
certainly, but at 2.7, AM is severely undervalued, IMO
Wow, wasn't expecting this to fall this far...
Welcome to panic mode. Rationality flies out the window.
yep, I am not selling my shares for this cheap, it's not worth it. I can't believe people are willing to sell for this.
Cheap is relative to whatever the holder paid for the shares.
yep, I am not selling my shares for this cheap, it's not worth it. I can't believe people are willing to sell for this.
If it falls below 2.4, I'll be buying.
Wow, wasn't expecting this to fall this far...
These 3 confirms never took so long...
Wow, wasn't expecting this to fall this far...
Welcome to panic mode. Rationality flies out the window.
yep, I am not selling my shares for this cheap, it's not worth it. I can't believe people are willing to sell for this.
Wow, wasn't expecting this to fall this far...
Welcome to panic mode. Rationality flies out the window.
Wow, wasn't expecting this to fall this far...
Today's Div: 0.01226019
Is this really the dividend? Can someone confirm?
Pulling it straight from the AM Dividend Address: http://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF
Take the two deposits and divide by 400K
Today's Div: 0.01226019
Is this really the dividend? Can someone confirm?
well what really look bad now is the bid orders just disappeared and on BF they are pretty much nonexistent other then 100-200BTCs, people seems to really lost faith this time
on BTCT, the buy orders got filled all at once, for the most part, so it's not a lot of people selling at the bottom, just a few movers.
People are being ridiculously shortsighted. Two bad dividends and everyone's looking for cover...
Agreed, INAU has been around ASICminer for a while now so I agree with his sentiment....definitely people just panicking over the low dividends. Great to see that you're still around INAU!
People are being ridiculously shortsighted. Two bad dividends and everyone's looking for cover...
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