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If there is a R/S, then the NS position can get covered but until then........!!! stick around for the end and even after!!
DC13, you are right about no one knowing anything about the situation and also about some people liquidating their positions. About the short position, time will tell and if there is one it can always be covered!!! the market traders are pretty adept at it...the question is..are they always?? we'll find out!
for real!! when you sell naked, I guess the supply is limitless!!!!
TAKI, what's your guess???
NExt week is 15th September!! And if it is not Next week, then I hope the one after is THE NEXT week. Anyways soon we will not need to say NExt WEek. But I hope it is THIS week!! LOL!! One way or the other the curtain is bound to fall...Next Week!!
LOL!! is this a drive in movie!! I have my parking spot!
last time was all buys. this time it is sell and then buy!!!!!!
shorts are manoeuvring!!
big block trades!!! the game is on!!
has SIB been doing this...sell some and then buy a lot more!! if they have, then they really know how to make the MMs dance!!
that's my month!!!!
hehehe!! Gredenko has been drinking too much. You know sound waves travel!!!
LOL! feed it to the MMs and we may see some fun!!
Why do MMs manipulate?? for fun, entertainment...they get bored just like anyone else!!!! yesterdays and todays trades are entertaining!! LOL!!
Jim, thanks..informative.
see my post................
Posted by: starfire
In reply to: jim6103 who wrote msg# 59250 Date:8/29/2007 4:56:48 PM
Post #of 59256
certification is important at all levels of the trade...Kimberly Process...besides they have a JV with Diamond CErtificate. But I think you are right in that the grading was done in house by their gemologist who is GIA certified.
market going thru wild swings...precursor to a crash?? good leading indicator!! last time it went wild it crashed but was propped up by interest rate reduction. this time around the home market is deteriorating fast alomng with a credit crunch....could lead to a crash. a crash while rates are falling could be a nightmare!!! jmo. on the bright side..one can plow GBDX profits into a house!!(if and when the buyout happens).
certification is important at all levels of the trade...Kimberly Process...besides they have a JV with Diamond CErtificate. But I think you are right in that the grading was done in house by their gemologist who is GIA certified.
hehehe!!cclose out at 40M vol!@
hedgie!MM!! most of broker dealers also specialize in hedge funds and almost inevitably have offshore offices/accounts!!
that was a good one!!!
since you say it is a fact...can you provide a link, please!!!
LOL! that sounds like a nice melady!!
what are you smoking?? all the filings with the SEC are still in tact!!!
http://www.sec.gov/cgi-bin/browse-edgar?company=global+diamond+exchange&CIK=&filenum=&St...
yeah right!! this is a sell off by the shorts!!!!!
heydog, r u a MM???
LOL! this is not unusual for GBDX!! I think things will start heating up!!
knock, knock who is there???
What no one buying!!! where's SIB ???? LOL!
good point. I was thinking the same but u beat me to it! they do this intra-day too!
well..I hope the lottery pays off.
hey, u r catching up with Willy!!
$315 million powerball Indiana!!!! GBDX............
TAKI, u need to buy more!!!
lot of big blocks traded today!!
Bullocks, I understand your points of view as I am in the same boat,however, I do believe that this time around the chances are very high that they close out this transaction....I mean the suspense with a PR stating a purposeful end!! jmo
15 trading days more for mid September!!!!
O.K u r going to load up tomorrow..so what???
Diamonds Nearly as Old as Earth Jeanna Bryner
LiveScience Staff Writer
LiveScience.com
54 minutes ago
Diamonds are indeed forever, or at least nearly as old as the Earth, a new study shows.
Scientists have unearthed diamonds more than 4 billion years old and trapped inside crystals of zircon in the Jack Hills region in Western Australia. Nearly as old as Earth itself and considered the oldest terrestrial diamonds ever discovered, the gems could give insights into the early evolution of our planet's crust.
"Jack Hills is the only place on Earth that can give us this kind of information about the formation of the Earth," said study team member Alexander Nemchin, a geochemist at Curtin University of Technology, Western Australia. "We're dealing with the oldest material on the planet."
Hot or not?
About 4.5 billion years ago, Earth developed from a cloud of dust around a proto-Sun. During its youth, Earth smashed into a planet-size body and its surface temperatures likely soared above 10,830 degrees Fahrenheit (6,000 degrees Celsius). When the molten Earth cooled, the liquid lava gelled into rocks. Details about the rocks and when they began to form, a subject of intense debate, have been limited by sparse data.
One such debate centers on whether early Earth was covered by oceans of hot lava or if the planet's surface had cooled enough for rock formation and was covered instead by oceans of water.
Zircon crystals could hold the answer. These crystals are tough and relatively resistant to melting. As a result, they retain their chemical nature and can provide vital clues about past events that occurred in the Earth's crust and mantle.
Recent studies of zircons have suggested the Earth might have cooled much more rapidly than previously thought, with the continental crust and oceans forming as early as 4.4 billion years ago.
The diamond find supports this quick-cooling idea, said study team member Thorsten Geisler of the Institute of Mineralogy at the University of Münster in Germany.
Dating diamonds
The scientists, led by Martina Menneken of the Institute of Mineralogy, ran chemical analyses of the zircons, finding the ancient crystals (and thus the enclosed diamonds) were more than 4 billion years old. That's nearly a billion years older than the previous oldest-known terrestrial diamonds and suggests the diamonds were present in material that crystallized within 300 million years of the formation of Earth, the scientists say.
After considering different diamond-formation scenarios, the scientists concluded the jewels most closely resembled those found in ultra-high pressure conditions. They interpret the findings to indicate that Earth had a relatively thick continental crust by 4.25 billion years ago.
"I'm quite convinced the Earth must be cooler than previously thought because otherwise we couldn't have found diamonds," Geisler told LiveScience. That's because to form diamonds, heavyweight pressures are required.
"To reach a pressure in the mantle, we need a relatively thick continental crust," Geisler explained. "That means we already had rocks [on Earth]."
The study will be published in the Aug. 23 issue of the journal Nature.
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Original Story: Diamonds Nearly as Old as Earth
http://news.yahoo.com/s/livescience/20070822/sc_livescience/diamondsnearlyasoldasearth