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Author Topic: H.I.M bubble?  (Read 1501 times)
adamstgBit (OP)
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June 06, 2013, 07:18:25 PM
 #1

https://www.havelockinvestments.com/

I think the stock HIM is in a major bubble
do you own some of this stock?
do you think its a bubble?

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June 06, 2013, 08:05:20 PM
 #2

I haven't followed the HIM stock closely but I was aware that they did a 10-1 split in March, and now it appears they are doing another 10-1 split just three months later. I don't own any so I haven't investigated further, but 2 stock splits in such a short period of time is, shall we say, interesting.

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June 06, 2013, 09:13:58 PM
 #3

Who runs Havelock investments? I was looking at their VirtEX shares, they're trading at ~0.42BTC, they IPO'd at ~0.39.
The thing is, they don't pay dividends, but they say they're real shares.
Quote
This is not a separate fund; buying shares in VTX will entitle you to actual equity ownership in VirtEx. You can even be listed on the notice of shareholders with the registered Alberta Corporation, please contact us for details.
But they're not paying dividends. I don't know much about Virtex

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June 06, 2013, 11:27:37 PM
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Not all shares pay dividends.
lightbox
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June 07, 2013, 12:48:29 AM
 #5

Who runs Havelock investments? I was looking at their VirtEX shares, they're trading at ~0.42BTC, they IPO'd at ~0.39.
The thing is, they don't pay dividends, but they say they're real shares.
Quote
This is not a separate fund; buying shares in VTX will entitle you to actual equity ownership in VirtEx. You can even be listed on the notice of shareholders with the registered Alberta Corporation, please contact us for details.
But they're not paying dividends. I don't know much about Virtex

I run Havelock Investments, and I run the Havelock Investments Mining Fund.

I don't think its a bubble, I think people are building into the price the fact that BFL will be delivering soon and our hashing power is going to be increasing substantially.

Virtex has stated they arent paying share immediately, but plan to do so in the future.

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lightbox
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June 07, 2013, 12:54:33 AM
 #6

I haven't followed the HIM stock closely but I was aware that they did a 10-1 split in March, and now it appears they are doing another 10-1 split just three months later. I don't own any so I haven't investigated further, but 2 stock splits in such a short period of time is, shall we say, interesting.

When we launched, a unit of the fund was approximately ~$30.  Our goal was to always keep the price in the $20-$50 range, to allow individual investors the opportunity to invest without requiring huge amounts of capital. 

Back in April, our units were trading for over $400/share ($20/btc and 20btc/unit), so we split 1:10 to get us back down to the range we wanted to be at.

By the end of May with the price of btc we were back over $250/share again ($120/btc and 2.xbtc/unit), so we split 1:10 again to get us back down to the range we wanted to be at.

Splitting the stock like this creates liquidity in the market without affecting shareholders price in any way.

Thanks for your interest in Havelock and HIM.

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nubbins
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June 07, 2013, 02:16:57 AM
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i suspect that at least until the most recent split, a lot of the activity was from bots.

there was a healthy split between the buy/ask prices for a while a few weeks ago, and i managed to peel a few BTC off someone's poorly-programmed trading algo.

No longer buying/selling Casascius coins. Beware scammers.
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June 07, 2013, 02:20:32 AM
 #8

Going to post this in the main thread
But the date is June 6
ATTENTION: HIM SPLIT 1:10 on March 1, 2013 00:00:00 AND AGAIN on April 6, 2013 00:00:00

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June 07, 2013, 02:51:00 AM
 #9

Going to post this in the main thread
But the date is June 6
ATTENTION: HIM SPLIT 1:10 on March 1, 2013 00:00:00 AND AGAIN on April 6, 2013 00:00:00

Thanks, fixed

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June 07, 2013, 03:15:21 PM
 #10

Personally, I have no idea why that stock is so high.
Doesn't make any sense.

Lightbox has been buying up equipment and increasing his overall hashrate for a while now. Compounded with BFL shipping news and an increase in his dividend payments, why wouldn't the price go up?

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June 08, 2013, 05:23:59 PM
 #11

Personally, I have no idea why that stock is so high.
Doesn't make any sense.

Lightbox has been buying up equipment and increasing his overall hashrate for a while now. Compounded with BFL shipping news and an increase in his dividend payments, why wouldn't the price go up?

What's the current hashrate and mining equipment ordered?  Without this info, it's not possible to value the stock.
lightbox
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June 08, 2013, 05:32:13 PM
 #12

Personally, I have no idea why that stock is so high.
Doesn't make any sense.

Lightbox has been buying up equipment and increasing his overall hashrate for a while now. Compounded with BFL shipping news and an increase in his dividend payments, why wouldn't the price go up?

What's the current hashrate and mining equipment ordered?  Without this info, it's not possible to value the stock.

Current ~80GH
Preorder: ~2500GH - mostly BFL Singles pre-ordered in June/July/August 2012

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tinus42
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June 08, 2013, 06:56:42 PM
 #13

Personally, I have no idea why that stock is so high.
Doesn't make any sense.

Lightbox has been buying up equipment and increasing his overall hashrate for a while now. Compounded with BFL shipping news and an increase in his dividend payments, why wouldn't the price go up?

What's the current hashrate and mining equipment ordered?  Without this info, it's not possible to value the stock.

Current ~80GH
Preorder: ~2500GH - mostly BFL Singles pre-ordered in June/July/August 2012

The only thing BFL is shipping are the Jalapeno's. Do they even have working Singles yet?
TsuyokuNaritai
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June 10, 2013, 09:40:12 PM
 #14

the fact that BFL will be delivering soon and our hashing power is going to be increasing substantially.

The only thing BFL is shipping are the Jalapeno's. Do they even have working Singles yet?

Anyone? Given the above as well as BFL's track record, I'm skeptical that lightbox could know for a fact he'll get his order soon.

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