Correct, this guy is a proven liar with a long history of spreading those lies and major FUD.
During one of his bragging episodes he revealed that he had over 100btc in LabCoin and from the timings of when bailed out of ACtM he bought around 0.0025
So he has atleast 50k shares. He will flip them to ACtM as he has constantly been saying - that will happen possibly tonight. The main thing to know with this guy is he has a big ego. So he won't sell for a loss, he will sell well before price hits .0025. I would say .003 is his exit marker giving him approx 15% profit. So if LC gets to .003 it will spike down. Also if it gets to 0.004 he will sell so it will also spike down there, possible all the way to IPO price, or even zero if the scam is revealed.
You are the liar Stuart. Post a link to where I made those claims you just made up. You can't, because I made no such claims. I have made my strategy perfectly clear - sell around November after LC's 50 TH/s come online and before ActM gets mining. You're just making yourself look silly to those who haven't put you on ignore and I know for a fact you can't back up your claims because they're bullshit.