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Author Topic: Havelock's HIM fund share price crashing - anybody know why?  (Read 696 times)
ScatterShot
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October 02, 2013, 03:45:53 AM
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0.13 XBT --> 0.05 XBT / share today. I'm not aware of any breaking news or business fundamentals that would account for this. As a matter of fact, the HIM fund's mining hardware is rolling in and their dividend has shot up 600% in the last month. Weird.

Nervous Nellies over regulation and the BTCT thing?
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October 02, 2013, 04:31:02 PM
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0.13 XBT --> 0.05 XBT / share today. I'm not aware of any breaking news or business fundamentals that would account for this. As a matter of fact, the HIM fund's mining hardware is rolling in and their dividend has shot up 600% in the last month. Weird.

Nervous Nellies over regulation and the BTCT thing?


I haven't looked at their published Financials in detail, and my opinion is just pure speculation and as a disclaimer I still hold a few shares.
It is my feeling that paying a fixed dividend with mining income diminishing exponentially and increasing expanses, while issuing new shares from time to time, can look like a bit like a Ponzi scheme. 

It is my opinion that the smart investors are looking to pull out.

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October 02, 2013, 05:13:25 PM
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Due to Silk Road being dismantled and owner arrested, the house of cards, that is Bitcoin, is crashing. No?
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October 02, 2013, 08:01:18 PM
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Uh, no.

Bitcoin is not a house of cards. It is a more valid currency than USD in many respects.

Will the price take hit? Ya for sure, Silk Road is huge. But this isn't exactly the end of Bitcoin, that's retarded.

 
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