Wednesday, January 9, 2008

Banco ! All In JTIC !

The anouncement by Linden Lab to remove all ATMs except those from registered banks (?) created a huge bang and mini-panic on the stock market.

My personal decision is to call for "Banco !" and put all my money in JT Investment Certificates ! So I now hold 20020 JTIC shares and no "cash" on my SL Capital Exchange account. I made this investment for three reasons:
  1. Show my support to Arbitrage Wise and all the team at JT Financials
  2. LL's new rules seems to apply to interests, not dividends ;-)
  3. Thanks to some selling lemmings I could get JTIC shares for 0.65 L$ each !
If JTF was to fully collapse - which I think will not happen - I will lose everything. Anyway my challenge can't be achieved without a bank paying interests...

I wish new successes to JTF and Arb ! You have all my support, guys !
Posted by at
Labels: , , , , ,

2 comments:

Unknown said...

It certainly sounds more positive than yesterday from the reading I've been doing of the postings today.

I may still need to withdraw some funds to renew my stream rental but will still leave some money in there (if I have a choice).

Not sure how all this affects WSE...

January 9, 2008 at 2:51 PM
Anonymous said...

Consider finding some other way of diversifying. All your eggs in one basket didn't work out too well for you last time.

January 11, 2008 at 12:25 AM

Post a Comment

Subscribe to: Post Comments (Atom)