The fact that the cheerleaders are now talking like this is the clearest signal to sell you can have. Imagine if Warren Buffet told you to sell?

Then I guess the smartest thing for shareholders to do now is pull all the way out and wait until bottom. It's probably never going to reach IPO price again unless they hash with 1TH before the exchange shuts down.

So it's simple. The risk is they wont get to hashing above 1TH before 10 days. If you think they'll get to 1TH in 10 days then hold. If you think that is unlikly then dump all your shares and buy back in when it reaches 0.0001 when they miss their deadline and the exchange shuts down.

When it appears on the new exchange the price should be 0.0001 or even lower. Also looking at the attitudes of the people here, it seems at this point even the whales and strongest supporters are selling which is a sign to get out.

It's also possible they could have lied about going to direct shares which means once the exchange goes down it's game over. At least if they are the only ones left holding any shares and its far below IPO price when it reaches an exchange if it does then it will be very cheap to get a lot of shares anyway.  0.0006 at this point is too high given the emotional nature of the market, people will definitely drive the price down to below 0.0005 as more people check the message board and dump their shares. It could even go so far as to reach 0.0001 as we get closer to October shutdown.

Isn't it a strange coincidence that they want shareholders to wait until October 5th or so when the site just happens to shut down at around the same time? These correlations should creep anyone out who thinks about buying or who owns shares.

Could Labcoin be the reason for the site shutting down?

It's going to go down to 0.0001. The best thing to do is wait until the panic is over and buy in at 0.0001. If it goes lower than 0.0001 I think Labcoin should just go ahead and close up shop. But I suspect the problems they are having will eventually be solved as soon as they either start hashing again in a significant way or they find an exchange, neither of which are guaranteed which is why the sell off.

Thats why its stupid to panic sell. Let the price crash down and wait until some news to sell.

Amateur traders tend to dump on panic. They should buy on panics and drump when it gets to ATH.

Lets say they get out now and in October the hash rate increases. Now you got out and lost money for nothing? Or let's say they get out now and then later today or tomorrow Labcoin comes here and makes a post and the hashrate is in the top 10, then what?

I understand people are in a panic because of the hash rate and uncertainty but that can change at any moment. Selling means you miss out on being able to sell later at a higher price. The only way to sell now is if you can't wait until Oct.

Unlikely. If they sold their shares the price would crash way down. Also their shares are at IPO level so they really can't sell them at a profit. That is why its stupid to sell below IPO level and why I think buying at 0.0005 is smart. it's going to go up to IPO level if Labcoin wants to sell their shares. Remember they have to use their shares to pay themselves.

People are trolling for fun and profit at this point. Labcoin is a good troll stock. It's good for day trading too, all this volatility is easy money, but it needs liquidity. It has to get on Bitfunder.

Trading on emotion is never justified. Do the math. Figure out how much the stock is worth and buy only what you are willing to lose. A few BTC is worth the gamble if they work. If you're betting more than you can lose then you shouldn't be in the game.

Panic selling is what people do when they aren't really sure about their choices. Be prepared to lose your money and go all the way or day trade in which case you buy at the low which is 0.0005 and wait until it gets up to 0.0009 or 0.001. Also if it goes on Bitfunder you could make a lot of money getting shares at these prices.

Nice try. That is photoshop.

That isn't really the concern. They always break their promises. The real concern is whether or not they can get on Bitfunder. That will determine everything.

For a few BTC its not a big deal if they get started in Oct, dividends will still come in and it can still be profitable. But if they don't have any liquidity there is no point in trading at all.

This is pure panic. The shares are worth 0.0005. The shares will for sure go back up to 0.001 but not much more than that. The price will go way up if they announce they will be on Bitfunder. The main reason for the price being below IPO is lack of liquidity. Even if they were hashing at the rate they claim it wouldn't help because they don't have an exchange.

This is a good time to buy. It's a complete gamble but its cheap. 5-6 BTC is good enough for a 50/50 chance. Just don't spend much more than that.

That will get the SEC involved for sure. Are you all trying to get Labcoin shut down?

Yes, just in time for them to shut down along with btct.co

Maybe it is true and someone did call the SEC on Labcoin and that got btct.co shut down. But that is just a rumor. 

We know the Labcoin team are Obama supporters. You don't have to rub it in.

Someone should contact Swede and tell him to buy some cheap shares.

Now is the time to buy. I said it earlier that the time to buy is when the price is 0.0005. I think it will go back to IPO at some point.

Since it has dropped below IPO price it means Labcoin itself is losing money on their own shares. They hold 30%.

No, they wont be hashing until December at the earliest. 5TH.
Bitfunder will not accept them and they aren't moving to direct shares.

What are you "investors" going to do when Labcoin goes offline for good? do you really believe they'll go the direct share route after routine broken promises?

Share prices should be 0.0005 and below to be something worth considering. 0.0005 would be a good price to buy in with the hope that it can get to 0.0014 on Bitfunder.  This stock is way over price at this moment in time when considering all the risks.