Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
All anyone was expecting was a confirmation of chips arriving. That is it. Go look through the threads in the days and weeks leading up... Everything everyone was expecting in the announcement came (aside from some pictures - which was an afterthought). The news came and all the fusters come out and say it wasn't good enough.
While the news of upcoming news a few days before triggered the price to rise, the actual news weren't news at all, but only a confirmation of what was already expected. On the other hand, the lack of expected news has a potential to have a negative impact. Hope that makes sense.
Edit:
I just find it odd that the news appears right after a sharp share price drop.
The news from "labcoin" appeared when the price was already at .0027xx again.