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How will Supply Linden stop the rapid rise in the exchange rate?

Svar Beckersted
Registered User
Join date: 14 Apr 2006
Posts: 783
11-14-2006 21:30
On 11/6/06 I asked about Supply Linden selling over 9 million L$ in response to a .13% drop in the exchange rate over a 13 day period. Now that the exchange rate has risen 2.43% in just 3 days what is Supply Linden going to to about it?

Edited using the 11/14/06 closing average exchange rate.
Lawrence Linden
Linden Lab Developer
Join date: 25 Jun 2005
Posts: 235
11-15-2006 17:14
Svar,

We're just not going to give away our entire strategy, we don't want it to be gamed. We are taking action within the framework we've defined.

Cheers,
Lawrence