Let me explain why it's not wise to dump shares (and why I choose not to either):
Right now we are waiting for Ken to wrap up his deal with eASIC and make the gradual payment in fiat (so as not to sacrifice the value of BTC). There is no doubt that eASIC is a legitimate and successful company who will gladly accept a ~1 million dollar payment to do what they do best. This anticipation of finalized agreement/payment will be referred to by me as "inevitably positive news". I call it this because there are no valid conspiracy theories at the moment to disprove the legitimacy of these 2 companies and the deal they are making. Both parties have shown to be so legitimate so much in fact that there is no doubt that a real deal is happening here. Anybody who has gone to the effort of making the phone calls and doing their own due diligence complete with background checks knows this. So let me say this again -- we are waiting for inevitably positive news.
Now, with inevitably positive news of this magnitude comes a very large increase in shareholder confidence once it happens, obviously.
So if you sell, you are taking on a huge risk. You are raking in short-term profits and expecting to pick up cheaper shares while the money train could take off at any moment. Are you willing to part with your shares, knowing that this inevitable positive news could come out at any moment? In this situation, holding onto your shares is the only rational thing to do.
Just a warning.
Well said, VE. I agree, the eASIC news should be promising when it arrives. Every time I try and make short-term trades, I get shafted like a few others in this thread have today.
Glad to have stuck to my guns today.