Great dividend considering the current hash rate, lack of new products for sale/mining, and the fact that AsicMiner has been withholding a percentage of the dividend for reinvestment.

For those that have PT shares on BTCT, where are you transferring them? Seems like Bitfunder and Havelock are the best options but I'm not very familiar with either.

You're completely misinterpreting the quote if you think now is the time to sell. The time to sell was 4-5 BTC/shares when people were being greedy and many prescient people did that. Everyone is being fearful now which makes it a good time to buy. If ASICMINER only paid out a .01 dividend per week going forward, you would be getting 38.5% yield at a share price of 1.35. Personally I think ASICMINER will be able to pay a higher dividend but only time will tell.

Picked up some shares. ASICMINER is definitely the safest security to own on BTCT and the recent panic-selling has made it very inexpensive.

Last 30 hour hashrate reading is at 58.23 and the 20 hour is at 73.90. Perhaps some new hardware is being deployed?

That's the best you can come up with?  It was an implicit statement; and a fairly obvious one at that. Valuation is the pillar from which all investment discussions and analysis flows, ask anyone in the finance industry what the largest company is and they'll list companies by market cap, not revenue.

I knew I was dealing with an amateur masquerading as an analyst. Apple is the largest company in the world, with a market capitalization of $412 billion. Exxon Mobil is second with a market capitalization of $391 billion and Walmart isn't even in the top 10 with a market capitalization of $244 billion. This is all VERY common knowledge in investment analyst circles...

Thanks for linking a wikipedia page on highest revenue companies, I got a good laugh out of you using it to justify your argument in claiming that I'm not correct.

20% profit margin is very generous? The largest company in the world has a 22% net profit margin and gross margins in the high 30s, which is common knowledge among investors with a 'pedigree' in value investing.

I saw some very large spikes in the ASICMINER hash rate over the past couple days, seems to me that he may be testing units. It's only Sept. 3rd...

Correlation does not equal causation. All else equal, investing in a BTC mining company is more of a leveraged bet on the price of BTC increasing rather than a hedge as some have described it. AMs share price has fallen due to a few different factors, including: competition appears to be increasing, total network hash rate has increased while AMs hashrate has stayed relatively flat, dividends have fallen slightly, and AM has taken some money out of dividends to fund future hardware.

IMO, AMs share price is VERY undervalued at current levels, Friedcat is one of the only mining operators who has consistently delivered if not over-delivered on his promises to the Bitcoin community and shareholders. AM has been consistently selling out of hardware exceptionally fast and will soon have next gen chips for mining and for sale, not to mention the new franchising business model which will allow AM to effectively have a greater percentage of the network than what would normally be possible for a typical mining operation.

Going to keep accumulating shares at these levels; enjoying the ~48% yield at current prices while the share price continues it's volatile course.

Vycid, no one cares about your 'thoughts' or disillusions. ASICMINER does not need to expand outside of their core competencies to be incredibly successful and there isn't really any valid reason to with the BTC market cap so small. ASICMINER is the best in the business of BTC mining and hardware sales and is working on adding another revenue stream through franchising.

If you knew anything about business and start-ups, you'd know that the successful ones focus on what they're best at and continually work on improving that main aspect of their business. I'd much rather have AM focus on what they're best at and not start throwing money that would otherwise be paid as dividends into unproven business strategies/markets.

Seems like there are quite a few ASICMINER shareholders following the mantra of "buy high, sell low" ... One "low" dividend has prompted a steep sell-off (unjustified IMO).

Going to wait until the dust settles to pick up some cheap shares, just like I've done in the past (last time was when BTC price dipped into the mid $60 range)..

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.

lol'd

Seems like a definite possibility, though it really doesn't make much sense IMO. A higher USD/BTC price makes the mining stocks more valuable. It's fine though, I'll keep buying and enjoying the 34% yield at current prices..  

Looks like a lot of orders came on the book between 110 and 105.

This is correct. If Bitcoin is to succeed, then AM will likely be around for a long time. If there is mass adoption of Bitcoin, block rewards could be higher than they are now.

Does anyone else find it interesting that the share price of ASICMINER has seemed to move inversely proportional to the price of BTC? Perhaps this is do to the recent string of IPOs and people looking to make a 'quick buck'. IMO, ASICMINER is a leveraged bet on the success of BTC and if BTC is successful then ASICMINER is vastly undervalued at current levels.

If I wanted to move some direct shares to an exchange (BTCT for example), how would I go about doing this?

Friedcat is a busy guy, hoping to not have to PM him.

Is the site down? Can't access it

This... LOL @ people thinking 30% APR is "low" Try taking look at the highest yielding dividend stocks and maybe you'll see the value proposition currently offered by holding ASICMINER shares.