What are Ginko Bonds worth?

you mean sellers' appetite to sell. and that'd be supply, not demand.

I believe in market transparency and educating investors. All other posters have a right to the same insight. Please post the answer here.

Here, here! I have been fascinated by this debate, I would very much like to know too.

That's pretty interesting, actually. I wonder if Shaun would loan me a few million shares to sell short. I mean, if there were a margin call, I could just pay him back in Qie Perpetual Bonds.

As long as the value stays under L$, people are being taken. Since you admit you don't have any investment in Ginko, I don't see you how you can reflect on a possible solution to get the money back.

In that sense being presented (hammering and duck taste), any mutual fund out there can be called a scam at any point it's main value goes under. Hmm. In the real-world, I see these kind of arguments made all the time by day-traders.

LOL

Forget Perpetuals. Use Non-redeemable Zero Coupon Bonds instead.

If you have never invested in Ginko or don't have a current investment in Ginko (not by an investment made after the bond conversion), then you would never know if there is any real L$ to back it up. Right?

As for the excess, that appears the intended option for recovery. As long as there are those that want to beat down the value, in that view the potential value won't be achieved, but this is true for any stock.

Seeing as Ginko isn't releasing any data about where the money is invested to anyone, that's an absurd statement.

I agree, but it has nothing to do with market transparency.

Obviously I can't reflect on getting *my* money back since I never put any in there. However, I can reflect on other people getting their money back.

I suppose I can't speak for *all* mutual funds, but the ones I've used like to send me investment performance with shiny charts and tables that show which stocks went up and what went down, which sectors did well, what did not, what the investment breakdown target ranges were, and what the actual breakdown was, how they performed compared to other funds, etc etc. That's a far cry from "I have assets, they just aren't liquid, and I'm not telling you guys what they are, but trust me!"

No. What is absurd is those that never invested that want the books to open. If you invested, then you know that your investment is on the books.

When there are those to say that there is no real L$ involved, that is like saying that nobody actually ever deposited real L$ into a Ginko ATM. How is this illogical?

Yes. Ginko was a private equity and is now *potentially* being converted to a public mutal fund. I'm sure NP would like to keep it all a private equity, but I doubt that is going to be a wise solution now.

You are either prone to the dramatic, or you missed the entire point of everything on every Ginko thread ever.


Those who deposited into Ginko dont know what their money was invested in. Nick wont disclose where 75% of the assets that supposedly are covering his debt even are, even to depositors.

I'd still like to know how to short a bond in SL based on open orders.

Oh no... please save every new person that wants to discuss or otherwise want to educate themselves about this and create the wiki page.

It'll help avoid such accusations.

Heck, maybe there is a thread being archived somewhere that I just didn't know about because I just don't spend that much on the forums like I have in the last two days. The ones I saw didn't prove much.

A wiki page would be very helpful!

I've been on-line in-world, no one has sent me an IM about this.

Sorry, but I can't believe this.

Before WSE banned Ginko from buying back his own bonds at a discount, we had posters coming in setting price targets of 0.0000001L per bond.

Now that Ginko can only buy them at 1L we've got posters coming in saying they're worth 2L.

I'm stuck out of world. But the question of how the bonds are being sold short is quite relevent to this discussion. So an explaination in this forum is appropriate.

Your just playing games now.


w/t/f/e

If you know where Nick put people's money, Why dont you tell them then?

Im sure lots of depositors will be all ears.

Your disbelief is well-founded. NP can cancel all bonds at L$1 each at any time, regardless of market price. It is impossible for the bonds to exceed L$1 unless NP is not paying attention or he just wants to throw money away.

This threads jumps around a lot. Ya, the forums aren't the best place to discuss this topic. The wiki page will help to get everybody on the same page.

I looked at the GPB, and it was as high as L$26. It went as low at L$0.10. It is on the rise, at the moment.

The point people seem to miss is that the number of shares of GPB is determined by actual L$ investments in Ginko prior to GPB.

Please provide details where there is lack of actual L$ that is being accounted as shares. This is what is critical right now.

You want us to provide evidence that something does not exist? *holds out empty hand* There! See? It's nothing!
You know it split, right? OMG.

*sigh*

Yes, before the 1:100 split = 0.26 after the split.