Bitcoin Forum
December 05, 2016, 02:46:36 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: [1]
  Print  
Author Topic: [GLBSE] UDN (UnderDog Network) - any info? (-unofficial-)  (Read 1156 times)
Francesco
Sr. Member
****
Offline Offline

Activity: 252


View Profile
July 21, 2012, 12:44:45 PM
 #1

Shares of UDN https://glbse.com/asset/view/UDN are now available at bargain prices compared to dividends, but I can not see a related topic on the forum.

Anyone knows who they are? Can they be trusted? And if yes, why the price is so low?
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480905996
Hero Member
*
Offline Offline

Posts: 1480905996

View Profile Personal Message (Offline)

Ignore
1480905996
Reply with quote  #2

1480905996
Report to moderator
1480905996
Hero Member
*
Offline Offline

Posts: 1480905996

View Profile Personal Message (Offline)

Ignore
1480905996
Reply with quote  #2

1480905996
Report to moderator
macboy80
Member
**
Offline Offline

Activity: 102


View Profile
July 21, 2012, 07:04:23 PM
 #2

Shares of UDN https://glbse.com/asset/view/UDN are now available at bargain prices compared to dividends, but I can not see a related topic on the forum.

Anyone knows who they are? Can they be trusted? And if yes, why the price is so low?

From the contract on GLBSE:

Quote from: UDN contract on GLBSE
Long Term Goal - - UDN will slowly buy back the shares that are for sell, by doing this the MHs will increase for everyone. Wink

This may be why the share price is so low...
Francesco
Sr. Member
****
Offline Offline

Activity: 252


View Profile
July 21, 2012, 07:34:39 PM
 #3

Shares of UDN https://glbse.com/asset/view/UDN are now available at bargain prices compared to dividends, but I can not see a related topic on the forum.

Anyone knows who they are? Can they be trusted? And if yes, why the price is so low?

From the contract on GLBSE:

Quote from: UDN contract on GLBSE
Long Term Goal - - UDN will slowly buy back the shares that are for sell, by doing this the MHs will increase for everyone. Wink

This may be why the share price is so low...

I guess your reasoning is more deep than I can grasp. Could you please explain me how in the world buying back shares can drive their price down?
GeoRW
Sr. Member
****
Offline Offline

Activity: 329


Trust No One


View Profile
July 21, 2012, 08:07:30 PM
 #4

why do you think it is at bargain prices? They pay dividends every second Monday. Dividends are around 1.6% weekly (based on lowest ask currently, which is 0.11999)
Francesco
Sr. Member
****
Offline Offline

Activity: 252


View Profile
July 21, 2012, 08:25:43 PM
 #5

why do you think it is at bargain prices? They pay dividends every second Monday. Dividends are around 1.6% weekly (based on lowest ask currently, which is 0.11999)

You're right, that's what they said. But I looked at dividend history, and it seems they pay every week (there were dividends on 02 - 09 -16...) ... buy yes it makes me wonder: will next monday see a dividend Huh Thanks for pointing out.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!