ASICMINER Speculation Thread

[talz0r]

Long on AsicMiner all the way! 

[1714692837]

1714692837

[1714692837]

1714692837

[glendall]

I'm surprised how low ASICMINER is.  It seems like the best deal going.  No way I'd sell at less than 3 myself. 

I'm gonna be holding a long time it seems.

[bitwhizz]

anyone want to sell me 4 asic miner direct shares? having a hard time finding sellers

[Vycid]

Based on the recent Avalon refunds and BFL rumors, I am adjusting my AM price target upward from 1.2.

Sentiment: Strong Sell
Target: 1.5 BTC/share

[binaryFate]

What BFL rumors?

[bobboooiie]

What BFL rumors?

The one about hiring vycid as their pricing of the equipment manager

[twentyseventy]

Based on the recent Avalon refunds and BFL rumors, I am adjusting my AM price target upward from 1.2.

Sentiment: Strong Sell
Target: 1.5 BTC/share

Yes, I'm sure that none of those Avalon refunds will flow to AM... And how low are you valuing those hardware sales?

[Vycid]

Based on the recent Avalon refunds and BFL rumors, I am adjusting my AM price target upward from 1.2.

Sentiment: Strong Sell
Target: 1.5 BTC/share

Yes, I'm sure that none of those Avalon refunds will flow to AM... And how low are you valuing those hardware sales?

I just increased my price target by 25%.

Hardware sales are weaker than expected.

[twentyseventy]

Based on the recent Avalon refunds and BFL rumors, I am adjusting my AM price target upward from 1.2.

Sentiment: Strong Sell
Target: 1.5 BTC/share

Yes, I'm sure that none of those Avalon refunds will flow to AM... And how low are you valuing those hardware sales?

I just increased my price target by 25%.

Hardware sales are weaker than expected.

Right, but going from extremely bearish to very bearish is still not much of an increase. I don't see this going lower than 2, and that's only short term until the hash rate stabilizes and everyone
is bored for the ~1 month before gen 2 comes online.

[mechs]

It seems that most bulls here feel 5BTC is fair value - that this would support a stable dividend.  The question is what % of the total network hash would AM need to maintain to deserve such a pricing again? Currently it at 4% only, well below its traditional 15%.

[Ninshatamoto]

It seems that most bulls here feel 5BTC is fair value - that this would support a stable dividend.  The question is what % of the total network hash would AM need to maintain to deserve such a pricing again? Currently it at 4% only, well below its traditional 15%.

I think that's a really good point.  And since I don't see a good rebuttal, and that coupled with the fact that Velacreations is now slightly bearish on AM....I'm starting to sell off now.

[freedomno1]

I'm waiting for the statistics argument in the main thread to continue he-he

[freebits]

I'm surprised how low ASICMINER is.  It seems like the best deal going.  No way I'd sell at less than 3 myself. 

I'm gonna be holding a long time it seems.

When it drops to 0.7 BTC you will be crying out loud.

[bitwhizz]

silly question to some, but what should i get
Asicminer.pt (pass through)
or
AsicMiner.tat

is asicminer.tat a direct share?

[binaryFate]

silly question to some, but what should i get
Asicminer.pt (pass through)
or
AsicMiner.tat

is asicminer.tat a direct share?

By definition, anything you will buy on exchanges are pass through. You can convert them to direct ones later if you wish (for 1:1 shares).

[bitwhizz]

how can you convert pass through to direct? i thought it was better to have a direct share as you recieved voting power, therefore why would it be 1:1 exchange

[binaryFate]

how can you convert pass through to direct?

The procedure depends of each exchange/issuer. You should check there.

i thought it was better to have a direct share as you recieved voting power, therefore why would it be 1:1 exchange

There is no voting power associated with direct shares, unless you reach 5000 shares and becomes a board member.

[Rannasha]

how can you convert pass through to direct? i thought it was better to have a direct share as you recieved voting power, therefore why would it be 1:1 exchange

There is no voting power associated with direct ASICMiner shares (unless you own 5000+ shares and get board seat, and even then it's not a vote like with a regular stock). Direct shares are somewhat more secure, as you only have to trust the company, not the exchange and the passthrough-operator. Depending on the PT, a small handling fee may be deducted from the dividend, so you might get more dividends with direct shares.

On the other hand, passthroughs are far more liquid. You can sell PT shares instantly on an exchange, whereas selling direct shares requires you to first find a buyer, negotiate a price, find an escrow, then contact friedcat to arrange the transfer, etc...

As for conversion between PT and direct, the different PTs have different options for this, read through the contract details of the PTs to see what's possible.

[bitwhizz]

how can you convert pass through to direct? i thought it was better to have a direct share as you recieved voting power, therefore why would it be 1:1 exchange

There is no voting power associated with direct ASICMiner shares (unless you own 5000+ shares and get board seat, and even then it's not a vote like with a regular stock). Direct shares are somewhat more secure, as you only have to trust the company, not the exchange and the passthrough-operator. Depending on the PT, a small handling fee may be deducted from the dividend, so you might get more dividends with direct shares.

On the other hand, passthroughs are far more liquid. You can sell PT shares instantly on an exchange, whereas selling direct shares requires you to first find a buyer, negotiate a price, find an escrow, then contact friedcat to arrange the transfer, etc...

As for conversion between PT and direct, the different PTs have different options for this, read through the contract details of the PTs to see what's possible.

Thank you very much, you cleared things up for me! have a good day you guys

[Lohoris]

Will we see sub 2.00 if dividens are even lower this week?

If we do, I might have to take out my life savings to buy more 

I hope you're joking.

Why?

Because investing life savings is stupid: if you lose them, you're screwed.
You should only invest spare money.