Very easy for you to say after it did happen.
Back then everything was said to be on track and as predicted. Since FC was underpromising and overdelivering such expectations were justified.

As we learned along the way information was not spread evenly among shareholders and we could see that some investors were selling in panic. Like eb3full for example who suddenly and out of nowhere put his 3500 shares on "pay what you want, now" sale auction. Also Vycid commented something like "I know some big whales who will be dumping soon". If I remember correctly.

So in my opinion only those who were privileged to information about incoming gen2 failure could make such a short call. Or those who were betting that after successful streak friedcat will trip on something eventually.