and that is the problem! if dev would be holding whole 2 mils, I would be calm.. knowing devs arent dumpers usually.. but those who bought IPO are.. and for them current price is perfect so they are selling it.. just quick profit.. nothing else..
So if you think they are selling them TOO cheap, buy them yourself and hold. You can only buy few LTC worth BTW.
UTC is profitable to mine even at the lowly IPO price. Maybe not as profitable as some but that can always change.