Comment by C.C. Low - Friday, 11 October 2013 13:16
To those who are thinking of buying Blumont stocks during this difficult period, maybe they should do some further due diligence first before contemplating such action. The reason is that come 22 Oct the rights issue of new Blumont shares are going to flood the market.
Shared by "player" - Friday, 25 October 2013 14:17
There would be big disasters at the individual level. Hv u heard abt 3-4 traders who are deep in the hole with > $45 million owing? they had used the credit lines given to them by the house . Now how can any of tbem ever repay this? Sad story. Beware of leverage. Beware the black swan.