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What do they say> TO DA MMMOOOOOOOOOOONNNNNNNNNNNNNNNNNNNNNNN! ON MONDAY. Don't get left behind!
Just a thought. Can we as investors start demanding/bombarding the companies for a PR. One email is nothing but 1000 or 1,000,000 may show solidarity. This is all just a thought as long as it is legal. When you play cards and call, your opponent has to show or fold. JMHO FWIW
IMCX moved Friday on low volume. Monday it may fly. I believe O/S is 30 mil. Float is much less. 10X, 50 X Possible? Do the due first.
Good luck to all of you longs. As for me I will stay away. I can't get myself to invest in a company whose buyer's name is SIBERIAN DIAMONDS! Call me a basher, but: DUH!
I learned about gold, silver, diamonds, coins and jewelry around 1980 when the markey went nuts.
I do not agree with the posted prices on the diamonds. In fact, I have a ring appraised by USGL for $7000+ with an 3.82 carat aquamarine and .18 carats of diamonds that I would do back flips over if someone offered me 1/2.
Wholesale is pure BS if it is published. In my opinion no one publishes the true wholesale prices because they are too low. In this industry there is a phenomenal mark-up. This is especially true of big name jewelers.
The bottom line is DUE YOUR DUE AND BE CAREFUL.
The above is my own opinion, I do have the USGL GEM CARD FOR PROOF.
I got into this one over one year ago. They never answered my emails of which I sent several. They did a R/S and plummeted from .20 to .0002 in no time. I had faith, but that was stupid. I should have sold when I was 10 - 20% down. My advice is due the DD and be careful. My $900 is now worth $1.50.
JMHO
Could be starting an EOD run! Possibly setting up for Monday? Need some ask slapping!
Wholesale Diamonds: Myths and Facts
Wholesale to Public
Below Wholesale
Diamond Pricelist
RAP Diamond Prices
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Diamond Prices
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Q: I've heard some internet diamond vendors and some B&M claim to be wholesalers. But if they're selling diamonds to everyone, aren't they pretty much a retailer? Are there really wholesalers that sell to non-professionals? Is it a marketing trick?
A: Exact definitions of "wholesaler" and "retailer" differ only by who is being sold to. A wholesale transaction is always with a party that intends to resell the item and not use it themselves. A retail transaction is to an "end-user", a consumer, the folks who will own and/or wear the diamond or the ring. The Internet has allowed a tremendous shortening of the supply chain where we now have true wholesalers also selling to end-users at prices very close to inter-deal pricing. Many true retailers can't buy diamonds for their stores at prices low enough to adequately cover their higher overhead even if they are willing to compete with Internet vendors. Many refuse to compete. Many choose to make an effort to compete. I think we will see many success stories of B&M stores that have made it work and many other stories about B&M stores that could not compete in this new marketplace.
Obviously, not everyone is happy about this huge change, but Pandora's box has been opened and it will not be shut.
I have a distrust of anyone claiming to sell wholesale diamonds to the public. It is illegal to make that claim although it is commonly done. All one need be concerned with is THE PRICE being paid. If you have shopped properly you can pay pretty much the same amount as anyone else looking to buy many diamonds. It is becoming much more like real estate where there really is no wholesale or retail situation. Any and all buyers can come and buy at the market price.
Certainly, quantity buying allows lower costs. Retailers and wholesalers who buy diamonds in large volumes do not pay the same as buyers of one diamond at a time. So, there is some variation for consumers who generally only buy diamonds in small amounts.
Look for the right price from a vendor with a personality and service which pleases you. Don't be mislead by these basically now obsolete terms of wholesale and retail when it comes to a solitaire diamond ring or a pair of stud earrings. The business environment is quickly changing.
David S. Atlas
GG(GIA), ASG, Sr. Mbr. NAJA
Accredited Gem Appraisers
How about Wholesale v. Retail prices?
Scottrade is showing .0001/.0001. But checking now I do see buys. My Bad. Good catch. (I should get more than four hours sleep. LOL)
I am still watching to see if I should get back in. I have a problem with the suitor's name: Sib Almaz, Siberian Diamond?????????????????????????
That is what I said in #2640! Think the MM's know something we don't? Could they be looking for cheapies before this one explodes?
Almost 40 million and it looks like all sells! WTF!
Need some dry powder to blow this one sky high!
A sell for 1000@.08! WTF???????????????????? MM's playing?
I am praying for good news and a run up. History shows a filing by now. Then I will check out another site to see if Stan hung himself. LOL
Might be worth taking a look at DANS, NVMG.
.08/.16. Will today be the day? Awfully large spread.
And if I am correct the candles showed a bullish reversal last Friday and we hve had bullish candles all of this week. Plotting the closes, I see we close above .016 today at the minimum.
The candle patterns have been showing a bearish trend since last week......... Wednesdays Hammer showed a possible bullish reversal, Yesterday we had a Four Price DOJI showing indecision.
Today we should find out which way this one will move. Anything positive and this one should move up. JMHO FWIW
IMCX, extremely low float and small buys drive this one up rapidly.
Do your DD on real wholesale v. retail prices. If anyone here thinks the diamond traders post actual wholesale prices. I have a bridge to sell. Got this from EBAY for an example.
1.54CT GENUINE ROUND LOOSE DIAMOND JEWELRY47 GARY WEISS
Depth %:
59.6
Table %:
57
Certificate:
GIL
Cut:
ROUND
Color:
G
Carat Weight:
1.54CT
Clarity:
I1
Dimensions:
7.50 - 7.48 x 4.46
Suggested Retail Price: $11200.00
Our Price:
$3850.00
19,000 AT THE ASK AT 3:30, WEDNESDAY A BULLISH HARAMI CROSS, TODAY A WHITE MARUBOZU......... I BELIEVE THIS ONE SHOULD CONTINUE TO RUN UP.
LOOKS LIKE IT IS. COUPLED WITH THE BLACK SPINNING TOP YESTERDAY, WE MAY BE SETTING UP FOR A REVERSAL ON FRIDAY. jmho
$7.83 sale!? WTF is going on with this one?
No trades yet today. Looks like they are still pulling the same old sh--! At least you won't get burned by a R/S like I did. 5 mil now 5 thousand.
I think I will sell now to buy a cup of coffee! LOL
Alias born on April 16th. A motive perhaps? LOL
Take a look at IMCX. 5500 traded and up 22% to .011. Last reported O/S 10 million.
It would be easier to get IMCX to run.
If the float is 326 million and the rest is locked up for three years, wouldn't any present price rise be based on this amount? When we start pumping oil, building the homes, closing deals the PPS should raise nicely based on these. I have seen posts using 1.5 billion shares which I feel is incorrect until the others are free trading. Using the 326 would give a 5X higher valuation if I am correct.
These appear to be retail prices.
You can get a better idea from EBAY I believe.
http://cgi.ebay.com/I-VS1-2-02CT-BEAUTIFUL-SQUARE-CUSHION-CUT-LOOSEDIAMOND_W0QQitemZ230115184495QQih...
DART. Any thoughts on IMCX. Chart possibly? Pure shell play, very low float. I'm in. Thanks!
Got in yesterday just before the bell. .0006 Now hold and make this puppy move up!
I posted several times on the MOMO board about this one. I figure with all of those players, a few would take the plunge. Can't even seem to get the flippers interested. Should be easy $$$$$$$$$$$$$!
IMCX up 22% on extremely low volume. I think some interest and an easy 10X or more.
I can't believe this one has not caught on. Players throwing $1000's at so many POS's. This one should be an easy 10X or more if some investors would even throw some chump change this way. If this got 5% of what BHUB or LSMJ got I bet $1.00 would be possible!
Try calling them. If you get the wong number. Call the next one on the list. LOL
Seriously, I believe we need some more DD, but in the meantime, just like BHUB and many others, let us not loose site of our primary goal.............to make money. I believe this one should run again. I just nailed a 300% on a POS bankrupt company. This one has a lot more potential. JMHO FWIW GLTA Longs.
As with all pinks, the PR's or lack of can move one of these 180 degrees. FWIW I had my first good sell this year this week. I feel that the stocks I am holding are starting to turn around.
As for the candle analysis, it is my interpretation, and I am not a pro. Although Dart has agreed with me on some of my calls.
GLTA and lets see .05!
Three strong bullish candles in a row. More good news today, charting the candle uptrend, to me I see .015 - .020 by Friday, possibly more depending on the PR's. If the momentum keeps up this could easily hit .03 - .05 real soon. JMHO
Boy I must have missed some excitement. I guess all of the banned posters are now on Raging Bull. They had the most posts in a long time. Some are quite interesting.
I got you beat, my shares are worth $1.50. Yes the R/S's, PR's, on and on and on. I could fill up this box with my story! I need .20 to just break even! LOL I can't even cover my commission if I sold. As I posted on the MOMO board due the due and be careful. GLTA