I'm curious why the share price went (very slightly) up, even though the divs were confirmed to keep sinking. Any idea/opinion?
I wonder if the "dry period" for the next months has been already fully integrated by the market. I doubt it, I've seen how much the price was correlated to each week dividends... but thus my suprise it doesn't tank further.
It really made no sense that they were so closely correlated in the first place. Do you think AM will pay more than 0.3 btc per share over the next 2-3 years? Are you patient? If yes to both, you should buy today. If you want to wait for the price to go down you are bottom fishing and it may not work out for you.
The problem with buying today is just that we aren't expecting gen3 until April. That's a huge time interval, in bitcoinland at least, and just more risk.
Dividends weren't that bad this week, to my mind anyway. But if they go down considerably in the next month, so will the share price. Thats why I'm not buying at the moment.
It doesn't matter. By the end of January we might have an update on whether tape out was successful... and if it was then good luck getting sub 0.3 btc shares. Even if increased dividends don't come for many more months, the anticipation will keep creeping in as we get closer.
"End of January we might have an update of whether tape out was successful"
Two bits of risk right there:
1) The date might slip
2) The tape out might not have been successful
That's a month away anyway. Dividends will slip during that month, I'm 99% sure of that. If the price is still around 0.30 then, I'll accept a bottom has been reached and act accordingly. But the price isn't going to shoot up even then.
Put simply, for my money, there is still a big risk of AM going below 0.20 in the next couple of months. And little risk of it going 0.40 or more. So I'm better off not buying yet.
You obviously think otherwise, so buy, buy, buy!
