Well one thing is nice, it's 100% POS based on ICO. People selling below ICO would be real idiots, can't imagine why someone would do that. But I don't see much room for growth, probably 30% rise max. Expecting to buy below ICO is false hope, there is no mining or free distribution so in theory no people selling for loss, expect for some bums who shouldn't have invested anyway with money they can't lose.
We have heard that so often. The reason for people selling below ICO price is that ICOs attract alot of money that has zero interest in the coin but is only looking for a quick flip. When the price doesnt immediately shoot up, they cut their losses, dump and move on. Add in some lemming-panic sellers and there you have your explanation. Plus with ICOs you always run the huge risk of the dev/ friends buying the coin virtually for free themselves.
I am not saying it has to happen with this coin, though.