Is this stock still a good buy? I am kinda scared at the constant sell offs, I put alot into this.
No, not at the moment anyway. Labcoin is a far better investment due to it starting hashing in the next couple of days. A lot of people will be selling shares of various other stocks to buy in before the price increases significantly. That will include ActM shareholders, causing ActM's share price to drop even lower. ActM can't do anything about this as they've already told us they'll have nothing till November.
In the tong term, ActM is still good but if you do want to buy any more stock, you'll be better off waiting a few days for the inevitable price drop.
You can take my advice on this matter or you can take the advice of an absolute fanboy like Stuart.
I claimed ActM would start mining on 28nm in November (despite VBS' and Kleeck's denial) and I also claimed the increase in share price from eASIC confirmation would just be a bubble when it came. On the other hand, Stuart is a bagbolder, frothing at the mouth because he knows he was wrong. This idiot probably snapped up the shares I sold for 0.0065, while I was telling him the increase was just a bubble.
ActM's share price will drop when Labcoin starts mining. If for some strange, delusional reason, you want to buy more ActM shares, wait for that price drop. If you have any sense though, you'll buy LC instead.
in November and then you imagined a wrong schedule for the rest of the production.
I'm not talking about Avalon chips, I'm talking about the 28nm chips. Samples from them will arrive around the beginning of November. Low volume production will start around the beginning of December and normal volume production will start around the beginning of February.
Until ActM get those samples in November, they're stuck at 430 Gh/s and have no mining hardware to sell apart from the 6 Avalons producing that 430 Gh/s. So, where exactly is this 50K/month going to be coming from when they don't have any ASIC yet and won't have any significant quantity till December?