After some strong fluctuations, the price of the JT Investment Certificates (SLCapex: JTIC) came back to its original level, in the 1.12L$ range. When JTF created the JTIC, I bought a bunch of them for 1.05.
During the last weeks, when the banks ban announced by LindenLab shook the banking industry, I was lucky enough to buy a second batch of JTICs at 0.65L$ each. This was kind of a risky bet, but now that the price is back, the question is to know if I must sell some of them or keep them all.
As I continue to trust Arbitrage Wise and the guys at JTF, I will obviously keep them !
Tuesday will be an interesting day as it will be the limit date defined by LL to remove the ATMs... As JTF no longer pays interest, I wonder if they will remove them or not.
Sunday, January 20, 2008
JTIC share back at original price
Labels:
Arbitrage Wise,
ATM,
banking,
investment,
JT Financials,
JTIC,
SecondLife
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