Gone Critical
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- Moderator
- #6,626
It was a very unlikely senario at that time but there were a fair few other scenarios where that deal could go pear shaped. Us finishing on the bottom was the worst but not the only one.How many were predicting we'd (potentially) win a spoon when we made that trade?
How it turns out trading futures always has risk either way. At the time this trade appeared an unnecessary gamble that had more downside than upside. No matter where we finish now GWS will be ecstatic to have made the trade and end up with pick 1,2,3 or 4. I would much rather have it in our hands now and be trading it for something more substantial than we got.
I think therewas at the time an element of wanting good news immediately to offset the trading/cap disasters. It appears to have successfully appeased many but looking at it now was still the last bad decision made in an unprecedented run of them.