Getting money from High Risk Investment

I was checking my stocks on the different exchanges of Second Life– SLCAPEX and WSE. Then I noticed this Analyst Report from Geyl Fapp regarding GPB (Ginko Financial Bonds).

Analyst: Geyl Fapp
Posted on: October 04, 2007

GPB has become a High Risk investment. Shares are being traded in packets of 10.000 and even more.

Within a month, the quarterly interest payment is coming within a month and if the yield is like the management promised, 3% at a face value of L$1.00, then the dividend payout should be promising.

If you are a high risk investor. Do buy the share, if you want to play safe. Then ignore it.

Would you risk a few bucks?

I can see that GPB’s stocks are cheap with a target price of 0.07L$ per share. Bob Perry already bought 400,000 shares of from this high risk investment and it seems that the move are getting some criticisms. In my opinion, since the shares are so cheap, I’ll be willing to risk some of my money. 5000L$ linden dollars is already 70,000+ shares from GPB. Months ago, I lost 50,000L$ from the Ginko Bank which was converted to 50,000 shares. I was able to recover 25,000L$ from that disaster and now, it seems that in 5000L$ investment, I even got more share than before.

However, it’s a risk I am taking. If it’s true that Nicholas Portocarrero, CEO of Ginko, will be paying dividends within the month, just as what Geyl Fapp said, this will be promising. If not, it’s okay. At least I tried and see what I can earn from this.

Only for those who have extra

Personally, I don’t recommend investing in GPB even if I did bought a few shares. I only did it because I have extra money and I am testing out what I can gain from this. If you have extra lindens, then go if you want to. If you’re really budgeting your money, then don’t buy shares. This is a high risk investment because of how shaky Ginko can get.