Gen3 tapeout is the reason for the price increase. If they meet deadlines it will go even higher.
I really don't have a dog in this fight. I haven't owned Asicminer shares since 2.5 btc/share. However, as a guy with bitcoin to spend, I won't be buying at these prices.
The market is very thin and a single buyer can easily cause a run like we are seeing now. My statement was simply to warn the newer investors that these prices are unsustainable without better news and waiting might be the better play.
Thing is all AM has to do to come out on top is deliver. So far the only other asic manufacturer that has shown it can deliver is knc and they wont deliver neptunes for another 6 months. Also does anyone know if bitfury is working on next gen chips?