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Samuel Rae

 
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  • How To Invest In Bitcoin Without Buying Bitcoin [View article]
    Hi David

    Thanks for your comment. The statement does not refer to bitcoin's current value, rather its average value since the sharp decline in December 2013. The decline bottomed out around $537, corrected to $937 and has since traded steadily downwards. At point of writing, the average quote across the major exchanges was, as you point out, around $440. I used an average of these three figures (weighted slightly to the downside to account for the time spent declining versus the time spent rising) to reach the value.
    Apr 3, 2014. 02:33 PM | 1 Like Like |Link to Comment
  • Global Furniture Manufacturer Set To Take Advantage Of The Housing Market Recovery [View article]
    George, your article alerted me to STVS and today's action has validated your thoughts. Just a quick thanks--you have a new follower!
    Jan 15, 2014. 08:03 AM | Likes Like |Link to Comment
  • Why Investors Should Pretend Twitter Isn't Going Public [View article]
    Atkins,

    Thank you for your comment.

    The social media industry is certainly booming. I agree with you on that point. Whatever the market says about a company however, fundamentals will never be irrelevant. Potential without fundamentals is mere optimism. I also know from personal (damaging!) experience that "killings" are only made when shareholders cash out!
    Sep 20, 2013. 09:27 AM | Likes Like |Link to Comment
  • Adam Smith's Take On The Future Of Gold Mining [View article]
    Thanks for the heads up slam dunk you're absolutely right. I noticed this as soon as it was published and have submitted a correction request.
    Jun 20, 2013. 09:50 AM | Likes Like |Link to Comment
  • Adam Smith's Take On The Future Of Gold Mining [View article]
    No problem Robert. As I mentioned I thought your argument was a compelling one. Rise or fall I'm looking forward to seeing how things will play out!
    Jun 20, 2013. 09:14 AM | Likes Like |Link to Comment
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