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June 26, 2012, 04:28:28 PM |
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Lots of people knows that I post in the ciuciu's thread, which expressed my points that against ciuciu's bearish view on mining bond.
Suddenly I think ciuciu is doing very good thing for us, and take all the risks on his own. If ciuciu had not short the GIGAMING, which make the price of the bond with the best liquidity crash at an accelerating speed, which then pass social pressure on gigavps, whether gigavps would give up on persisting exactly on the GIGAMING contract?
I think I won't post anymore against ciuciu's short position. I think he somehow is a hero. He saved the GIGAMING bond investors from the risk of losing 80% value if ASIC comes out in 3 months, all at his own risk.
I hope that he can earn a profit in this event.
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