Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 739. (Read 1079974 times)

I'd agree that it will breach .004, but I think those purchasing at that level will be left holding the bag.  I'd say we'll be back to .0033 a week later.

It could also hit a dead zone for a while like ActM has after peaking at around .009.

I'm interested in starting up a bet that Labcoin will rise above .004 after expected news.  Any takers?

I see a stair-step walk up at each news stage... "we have the chips in hand" will bump it 10%, "we've tested a few chips on the boards" another 10%, "we're hashing fully assembled rigs" another 10%, but the real baseline price won't be known until dividends have been paid at least once, with a bump in price after every dividend as people reinvest them and a slow rise in between. I especially see appreciable jumps when the bulk hardware starts to be sold. Honestly, I see a striking resemblance to the AM pattern all over again, but the absolute ceiling on this (according to my math, YMMV) will only be about 30x from IPO price if everything goes perfectly and the market overall stays strong... but that's many months out yet. I already have about 4 soft exit points set myself, but I need the baseline price to be established after dividends are paid before I commit to them with standing orders.

But my concern isn't any potential near-term spike, it's how the long term price will track after the initial market expectations are set. For this play, I'm going to track dividend yield - once it levels off, it's time to sell 75% for me. If I'm lucky, and if the market is strong, and if I time it right, that'll be a 40-bagger (after dividend reinvestment) and I'll just let the rest sit and bring in dividends until the stone bleeds no more.

The expected news has nothing to do with that.  If there are problems down the road with power issues, that has nothing to do with this week.

Good thing I bought 30k shares at .0015 actually I was reading somewhere in this thread the stock is expected to go up to around somewhere .01 a share maybe more if things come through.

Could be. It could be a total scam like these rice-cakes in here have been claiming.

It should be quite a substantial spike as it removes a tremendous amount of uncertainty.

This stock is way, way, WAY underpriced for the company's plan.  If the uncertainty is removed, the price should jump.

It's not about the dividends at all at this point, it's about showing they can deliver.

And if the first run doesn't work as expected (ala BFL power issues...) what then?

All I'm saying is that people seem to be going all in, when there may just be a smaller upside and a bigger downside then being foretold here.

Its going to confirm that Labcoin is on track with their business plan, plus there is anticipation in the market, so yeah.

Uhhhh, dude, history shows that ANY good news will cause a spike.  Even fancy colored USB sticks made asicminer jump to over 3.10 before declining again.  Ooooh you can buy a blue one now!  Good news = spike.  Every time.

Honestly not trying to spread FUD, but do you really think upcoming news is going to spike the stock?  They are going to receive MAYBE 6TH in chips, which an unknown amount has already been sold via private sales. This will translate into x (single digit) TH and mining divs measured in the satoshi's.  IMO the stock is as high as it's going to get until maybe a week before the 50TH comes online.  And even then the Network TH might be so high as to make the 50TH a joke.  Most likely we will just steadily decline for the next month.

I want Labcoin to succeed, I just don't see it spiking up from here.

Wasn't me. I am not going to pull moves like that in a time like this. I will do it right after the jump - if I am not at work again like last time. I can't even afford 17,000 shares at the moment. Trying to work my way back up to 5000 shares which I had before I sold prematurely at .0018 to get a piece of ActM.

In any case he stands to make more money than you do because of his better entry price + already guaranteed money + he probably has more share than you. You reacted to his buy and not the other way around, so you can prance around all you like but at the end of the day he achieved what he wanted while you are stuck there hoping.

But he won't, because news is coming soon and there won't be a chance to sell for a $180 gain between .0035 and .0036.  Short term gains like this only make sense without an expected jump.  I bet you were that newb.  Thank you kind sir.

If he made that everyday it would be equivalent to a $50-$60,000 salary before taxes.

$180?  I wipe my ass with $180...    That's practically nothing.

The guy who bought the 30,000 wall at .0035 is also getting a Guaranteed return for selling 17,000 shares. Calling him a newb for making $180 in about an hour with no effort is pretty laughable.

Anyone who is selling before the news is a newb.  Thanks for the 17,000 shares.  Guaranteed return..

Is there any way we can talk Burnside into putting a real-time graph up and live updating the bid/ask orders? Its too difficult to get a feel for what is happening without it. That live window just doesn't do it for me. You have to keep refreshing the screen which I am sure puts load on the server(s) or use that other graph which takes forever to refresh.