Well.....the MIL launch after IPO looks to be a complete failure. DCM had a successful sellout, and an increase of up to 0.0004 (x4) before many started to take profits, and then settled in the 0.0002 range. It hovered around this mark for a while before all the FUD tried to destroy this coin. The difference between us and them? We have less coins, all of ours were offered for IPO so we don't have to worry about mining dumps (which MIL will have to now since they are in the POw phase), we have a dedicated dev team of 5 members that are extremely active (they have 1), and we have a realistic game plan going forward. They are down 70% from the IPO offer price within 20 minutes.
So.....we should continue to be strong and work on building DCM, because it could definitely be worse.
Mil was always a risky bet. I briefly considered it after they changed the proportional distribution, but after looking at the numbers, backed off. It would have had to done as good as or better than DCM, to make even a small profit, and that's with the new distribution. I didn't think polo hype could overcome that. And yeah, dumpers killed lcl too (although it was dying on its own to begin with)... it'd be nice if the Mil guy offered up a buy wall for those who invested, but expect he won't.
The way ipos have gone recently is setting a bad precedent though. Either it's an initial pump then dump below ipo prices, or in Mil's case, it doesn't look like it will reach ipo prices again. The only exception has been xbc, and perhaps simply because it was first using this model. And it's not exactly doing stellar lately either.
I have a feeling that the exchanges will run the ipo model into the ground if they keep up at this rate.