I would like to ask friedcat too that he is releasing infos in this thread or in the rep-forum. I guess if a chinese girl can ask him then most probably there is someone in rep-forum who can ask friedcat too so we get the infos fast.
I guess infos first given to big shareholders is not a problems since where should they sell 5000 shares fast? I dont see how.
If I were in friedcat's position I would do exactly what he seems to do:
- keep hashing with existing hardware that has already been paid for multiple times,
- research new hardware tech to be ready to put it online ASAP,
- keep selling what customers want to buy and maybe install what is not selling quick enough/is partially defective in the mine to avoid wasting it.
Though the divs obviously show that the sales arent so great. So either he should order more chips to sell them or mine with them. Self mining at least has the advantage that its a relatively constant income stream.
He probably only complained because the divs... If we still would have the nice divs we once had the shareprice would be still high and no one would complain. Though the selling seems not to work too good and mining isnt built up.
Though it may be that deploying more own mining is a big work with not good return now since the old tech means way more work at deploying then newer chips mean.
I hope everyone
purchased more shares now that they are cheap*, because as the following numbers may
break some bear spines..
![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
To put the ASICMINER financial report in some perspective:
...
Like ex-trader wrote... that includes hardware sales. Would you treat other miner selling companies like this you probably would get a network hashrate a multiple as big as it is really.
What i would like to know... when we had 30% of the network hashrate... we sold miners too... i guess if you calculate it your way we easily could have 100% of the total network at that time.
The share price has nothing to do with whether they maximized profit. AM got way overvalued because it was for a while the only ASIC company with a good reputation that you *could* invest in. The correction was inevitable.
Thats not correct. When it was at 4.5
BTC the shareprice was so high that it had a 30% annual profit. Now the shareprice again is 30% of the annual return the divs are bringing. So no, the shares werent overpriced back then. Otherwise it would mean the shares are overpriced now too.