@Just_Ben, 1.4 Million is only 2.8% of 50 Million (Joe80's current worth). When I am sure of something, I usually dare to invest 10% of my networth.
Of course, Joe80's position is a little bit weak, due to the fact that : - going short on GLS is usually more difficult than going long on GLS. - one of the supporter of long position is Zukaus, whose networth is very big. - margin for profit is not big enough. His estimate is 135 - 145 DKP, and current price is only 20% higher than 145. Usually when shorting GLS, I tried to find those that are at least 30% - 40% higher, unlike going long, which only require 20% margin.
Joe80, I would suggest shorting other more interesting GLS stock, like Gears of War 2. (Disclosure : I am shorting GoW2 significantly). I think Zukaus would agree that GoW2 is a safe bet for shorting at its current price (907 DKP).
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1.4 Million is only 2.8% of 50 Million (Joe80's current worth). When I am sure of something, I usually dare to invest 10% of my networth.
Of course, Joe80's position is a little bit weak, due to the fact that :
- going short on GLS is usually more difficult than going long on GLS.
- one of the supporter of long position is Zukaus, whose networth is very big.
- margin for profit is not big enough. His estimate is 135 - 145 DKP, and current price is only 20% higher than 145. Usually when shorting GLS, I tried to find those that are at least 30% - 40% higher, unlike going long, which only require 20% margin.
Joe80,
I would suggest shorting other more interesting GLS stock, like Gears of War 2. (Disclosure : I am shorting GoW2 significantly). I think Zukaus would agree that GoW2 is a safe bet for shorting at its current price (907 DKP).