Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

An article that mentions the put options scheme: http://venturebeat.com/2012/04/23/planetary-resources-astero...

It says that Diamandis (the founder of Planetary Resources) may have been joking when he made these plans to buy options.



Yep, that's it. But why wouldn't it work? There are orders of magnitude more platinum-group resources out there than there are down here.


Yeah, that's true. Maybe it will work if they keep their plans secretive until right before they are able deliver large amounts of platinum-group elements? They're only going to make a significant amount on these options if very few people buy these options, otherwise a large rush would shift the market prematurely.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: