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Since the 17 of September they've stated that they will buy back shares.
Look what happen to the A/D since the 17 of September........
http://stockcharts.com/h-sc/ui?s=GBDX&p=D&yr=0&mn=11&dy=0&id=p36297648817
September 17, 2007 - 7:30 AM EDT
New Chief Executive Officer, Mr. Slava Beurikov states that,
"Purchasing the controlling interest of Global Diamonds Exchange and installing new management was the first part of the transaction. We are now proceeding with the second step -- to reduce the number of shares, through various means including but not limited to a repurchase of shares. The company's ultimate goal is to eventually exit from the domestic markets. Details will be made public through press releases as they occur and the transaction progresses."
Fact is, SBSH was the only MM buying in december/January and now SBSH is out of the game and AUTO is the only one buying on L2.
Retails buying +20M shares last Tuesday on no news ?
I don't buy it......
Even If TAKi think I'm wrong, you will notice that since AUTO is jumping on the bid/ask, SBSH is completely out of L2...
Why If it's not Almaz/Gbdx using AUTO instead of SBSH ????
No update since the 01/31 for SBSH, before that they where busy everyday, until AUTO comes in......
WHY ??????????????????????????????????????
I've a question for the longs.
What is the difference between RLTR and PCLI ?
It's an honest question.
Don't own both of them just watching for now.
http://www.reeltime.com/
http://protocall.com/
TAKI, do you know a retail ready to buy 20M shares without news at this point ?
I don't....
I was watching L2 and AUTO was jumping all day long on the bid, on the ask (trying to attract sellers).
There is no doubt in my mind that AUTO was not a retail.
SBSH + LABS + AUTO are used by the company.
NITE + UBSS + ETRD are used by the shorters, the flippers.
HDSN is used by me (sometimes) and by another Long (Don't know who...)
Go with the 8 of March.
MARCH = TSUNAMI SHORTS TRAP.
http://www.secinfo.com/d14D5a.u1gBe.htm#1stPage
In regard of yesterday,
It seem that AUTO is the new MM for ALMAZ (LABS, SBSH on the sideline).
We've see a wave of buying until 16, before a complete freeze.
When all this will be over, we will finally understand.
This is the best thriller of the year.
Vybornov: Alrosa Taking De Beers’ Place as Global Market Regulator
(January 31, '08, 11:19 IDEX Online Russia)
Alrosa is gradually becoming the new regulator on the global market, now that De Beers is losing its leading position in the rough diamond trade, claims Alrosa President Sergey Vybornov. De Beers’ downfall, he says, is a result of political decisions in Canada and some African producer countries. Vybornov’s comments were made in a speech given at the “Russian Forum 2008,” organized by Troika Dialogue, an investment bank.
As a result, Alrosa is currently looking for new major, long-term partners, including those Alrosa can share its margins with in return for long-term contracts and participation in sales revenues.
When queried by Moscow Diamond Bourse CEO Alex Popov as to whether or not Alrosa would appoint brokers, as De Beers does, Vybornov stated that this was not a part of the miner’s goals and that, if possible, this should be done by other companies.
Vybornov also noted that the company is beginning to develop four new underground mines, which will require major investments. This, along with the weakening U.S. dollar, led Vybornov to call for changing the diamond trade currency from dollars to Swiss Francs.
Heavy buying on the ask from AUTO (+6M) but NITE isn't moving !
NITE is selling for ALMAZ or protecting NSS ?
BIG QUESTION......
NITE is doing all he can (for the last three days) to kill us.....
STRANGE.......
SEEMS AUTO IS THE NEW MM OF ALMAZ ?
DO THEY TRY TO HIDE THEMSELVES ?
VOLUME ABOVE 13M RIGHT NOW !!!!
RUMOUR ABOUT SEC GREEN LIGHT (WILLY)
20M here....
I'm getting impatient.....
First day's of March should clear us (1 year SEC files).
Keep it up Ronnie.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26419703
SHORTS ! HERE WE COME !
** GBDX Annotated Chart **
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26419703
SCRA (MUST READ)
This stock may only represent 6% of the total holdings, but has the potential for a very large increase in value, and therefore the chance to really increase the size of the current holdings. As I have mentioned before, this company is looking to exit bankruptcy soon.
Their plan of reorganization is to be presented in court on February 20th. If the plan leaves the common shares intact, which is the current speculation, then the current price of .10/share is very low for this company. Funds such as Sopris Capital and Marathon Asset Management have made bets that the common shares will survive, as they own over 5 million shares combined. So far, all court appearances to date, including the most recent one on January 22nd, seem to point to a successful exit.
The most recent financial statement showed that the company made a $10 million profit in one month. This suggests to me that if the common shares survive the company's exit from bankruptcy, and the overall share count does not change dramatically, if at all, the share price should increase substantially from it's current level. The stock price was as high as $1.60 last April, which was much after they had filed for bankruptcy (October 2006), and before they won their arbitration case with GE.
If you recall, GE's actions (buying out SCRA's interests in GE SeaCo) in March 2006 marked the beginning of SCRA's downfall. Prior to this action by GE, the stock was selling for over $13/share, and was listed on the NYSE. The company is still a very large company, employing 8700 people (source: Yahoo Finance).
Again, all of this is potential, and things could go badly for the common shareholders on February 20th. There could be delays, or problems for the common shares. Obviously, this is not a slam dunk, or the shares would not be selling at 10 cents right now.
GBDX, GBDX, GBDX
Third attempt to have a reply on GBDX......
For some reason's you ignore me :(
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26195188
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26346968
Zahnj,
I'm surpise you don't get it !
Yesterday LABS + SBSH was aggressive on the bid but NITE decided that they didn't want to see the pps going up.
Everybody must understand that the only one's who're buying right now is GBDX/ALMAZ (with LABS + SBSH).
No retail is moving this !
All the longs are watching, flippers are busy with RVGD + WNBD.
It's a war between the company and the MM who're protecting their short position.
Yesterday action let me think that NITE + UBSS have a big short position and that they're doing all they can to keep it down.
I'm starting to believe that Almaz own the float and is now buying NSS.
Let's see what's next....
WHEN I SEE LABS ON THE BID, I KNOW WE WILL BE GREEEEN TONIGHT.
FAST YOUR SEAT BELT, LET'S ROCK AND ROLL !!!!!!
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Like last time, I would like to have your view on GBDX chart, please.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26345798
GBDX, are you ready for the second legs going to 0.005$ ?
BRING IT ON !
I was trying to warn everybody about the run, but nobody care....
Instead of saying "Thank you TGTL", the vast majority decided to spit in my face...
I called the 16 January run and now I'm calling 0.005$ for this week.
Keep it up Lion Chuck !
SBSH I LOVE YOU !!!
Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. In 800 offices, Financial Advisors service 9.6 million domestic client accounts representing $1.562 trillion in client assets worldwide[1]. Clients range from individual investors to small- and mid-sized businesses, as well as large corporations, non-profit organizations and family foundations.
When HDSN will finish is selling on the bid, SBSH + ABLE will move up and leave NITE all alone on the ask.
IMHO.
There is some Buzz for sure...
http://www.solardaily.com/reports/TrendSetter_Solar_Products_Increases_Importation_Of_Its_Evacuated_Tube_Solar_Hot_Water_Collectors_In_2008_999.html
But we need a good stock management now !
A buyback program will be an atomic bomb.
I keep an eye here.
Thank you Orangeman for your private message.
Now I realize, I've called the 350% run two weeks before it happen.
I've say Wed the 16 and It happen the 16.....
Think about because I'm calling for another run in the days to come.
COPY/PASTE
Date: 1/4/2008 4:41:12 PM
I've one advise, cover before the 16 of January.
Why ?
You will see.
If you check L2 on GBDX, you can see that the vast majority of the volume is accumulation on the ask.
For some reasons they push the pps down at the same time......
You need to ask you why....
Hi Josh (Smith ?)
Unfortuanly we didn't have the expected run back to the 50MA.
SBSH is the only MM who move this thing.
When we was around 0.0029 they decided to push it down by selling small lots on the bid.
And now, they sit at 0.001,11,12 (top of the bid) and accumulate all the shares available on the bid and sometimes on the ask.
They're preparing another run, I'm sure about that.
Next week should be intersting.
(Message to Lem, Loper, Stocklover I will be less available next week, very busy with the solar installation, will be on pal after 5PM of my time 11AM East coast time)
Buying during the lunch time is your last chance.
Take it or leave it, but don't cry later.
You've have been warned.....
GBDX is the next JOSH SMITH !!
http://www.dailymotion.com/video/x2g0x6_top-10-josh-smith-0607_sport
SBSH is just amazing to watch on L2.
Selling 200K on the bid
Buying 1M on the ask.
They just absorb 1.5M on the bid.
AMAZING !!
WHEN 'RE THEY GOING TO START THE ENGINES ?
Watch out for a close around the 50MA tonight. (0.0018)
Don't listen to the bashers ,the one's who really follow this story on L2 know it's all about SBSH manipulation to shake this puppy hard.
On the next + 50M volume/day push we go above 0.004$ IMHO
The float is dry since Almaz retire shares all the way up and down last week.
YOU BETTER CHECK YOURSELF BEFORE YOU WRECK YOURSELF !
http://www.dailymotion.com/video/x19a69_ice-cube-check-yourself_music
As I always say, I don't touch my core position(10M)
But I trade the rest.
Pass from 15M to 20M with all the upside down.
I'm fully loaded, so I don't really want to see it going down.
But will have some cash to add If necessary.
Actually feeling ok with 20M.
A lot of people have sold around me, I've not...
Guess why :)
QUESTIONS WITHOUT ANSWERS
-Where're all the shares that retail (company ?) was buying all the way up ? (From 0.0011 to 0.0029)with a total of 115M in volume in 2 days.
-Who was using LABS (was at the top of the bid all the time during the run up) ?
-Why SBSH was able to bring us down and contunue to sell on the bid to destroy the pps (They're the only one's who sell here..) ?
-Why the company is mute and don't try to make money by building a run with a pumpy PR ?
It's a very strange story, let's hope for the best.
Will buy 15M shares next week (maybee this friday) If the pps stay this low.
What about GBDX Clay ?
Going up on 115M in volume back down with 55M.
Where is the bottom ? (I see 0.0011).
MESSAGE TO THE LONGS.
Don't ask me why, but I expect the company to reload hard friday or monday.
So you've 2 more days to reload before them.
All this yo-yo pps is great, If you can trade it correctly.
What I'm doing ?
Increasing my core position for the next run, this time the early sellers will kick themselves.
Trade safely, the bottom should be around 0.0011, any buys around that price is a good one.
Next stop 200MA (around 0.005)
Should return to 0.0018 short term. (50MA)
Lion Taki.
I've read Times/Sales, believe it or not but LABS/ABLE/SBSH (MM used by the comapny) have been able to push us down to 0.0011$ with 7M shares from 2.53PM to 3.23PM.
SBSH relaod 2.5M in the last 10 minutes.
Basic point, the company is the only one who is buying here, no buyers on the Bid (serious buyers), so they can play yo-yo and push out (flippers, weak hands, impatient traders,etc...) and at the same time they attract NITE, UBSS to short more by showing weakness.
THIS GUYS ARE GENIOUS, I JUST TRY TO PLAY THE GAME WITH THEIR RULES, NOT EASY !
My friend, let's try to use logic.
115M on the buy side to go from 0.0008 to 0.0029.
Only 28M in profit taking last friday.
Where are the 85M shares difference ?
In strong hands, Almaz hands.
No dumping is very strange especially after all this % gain on high volume.
They're retiring shares from the market.
IMHO
That's a good one :)
By the way, I'm happy to be in GBDX in this "armageddon". (Look at Asia and Europe this morning)
Boy o boy...
Was telling from mid 2007 in Willy Room that 2008 will be ugly, very ugly.
Finally the world will understand that somthing need to change.
Watch out, this will be more then bumpy.
BRING US SOME CASH ALMAZ, WE WILL NEED IT BADLY !!!!
Can sombody explain here that you can't have a 350% run with a volume of 115M shares If you really have 1.95B shares in the Market.
NO WAY !!!!
In my view you have 200M real shares + 500M NSS = 700M shares in the market with 70% of them who're "phantom" shares......
Taki, In my view UBSS + NITE short around an average of 2M shares/Day minimum.
Vast majority is from 0.007$ to 0.003$
240 trading days in 2007 = 480M shares.
I don't want to talk to mutch.....
Trust me, If I was not having some kind of source I will not have put + 70K$ in this Pink.....
Do your own DD, I will not hold hands anymore....
By the way, don't ask me anymore If I sold because I will not touch to my core position, before I see 10 cents/Share at least.....
Smolensk Diamonds (Belgium)
Office address:
Hoveniersstraat , 53, B-2018
Antwerpen, Belgium
Managing Director of Smolensk Diamonds: Mr. Raymond Cohen
Tel: + 32 (3) 231 9808
Fax: + 32 (3) 232 7779
E-mail: smolensk@skynet.be
Your a very genuine If you think that all this company don't use private account to move a stock.....
Imagine IF Almaz call me and ask me to buy 10Mshares/day on the bid by using my account, very easy to do with no proof that they're involved......
It's very common.
In the case of GBDX I spend 6 hours/day on L2.
LABS = MM used by Almaz to move the pps up
SBSH = MM used by Almaz to buy on the bid and to scoup cheap shares on the ask.
NITE = Big shorter + Retail
UBSS = Shorter + Retail.
ETRD = Retail + Shorter
Taki, I've my eyes on L2 all day long.
No dumping here, it was strong accumulation until 0.0028 (from SBSH, LABS).
IMHO it's the company who decided to bring it down by hitting the bid until 0.0014.
Keep an eye on SBSH (When they buy slow) or LABS (when they want to run it).
All the flippers are out of the game and the pps still fine (0.0018).
I'm optimistic because I'm convince they've sucked shares on the way up and the way down (140M total volume in the last three days)
The float is drying up each time they do that.
A lot of my friends have sold at the worst moment 0.0009-0.0015, guess who buy all their shares.......
Have a good week-end, see you in Corfou with pocket full of $$....:)
GBDX, Chart comments
-For the first time since June 2007,We broke the 50MA + the top Bolliger bands (double support now)
-A/D still high (was not breaking the roof again because SBSH made a "fake" close price)
-0.004 will be the first major test.
Your view ?
I'm very suprise that nobody have explained what happen on L2 yesterday.
At 3PM we was at 40M in volume with a pps around 0.0028.
For some reason, SBSH came down all alone on the ask to push the price down on little trades (5K,25k,50k,etc..)
They push it down until 0.0021 before some big buys hit the Ask (3M total from 3.35Pm until 3.50M) bringing the price back to 0.0024.
It was all SBSH manipulation, all the others MM was sitting at 0.003 or more.
Total volume in the last two days 115M.
Without this manipulation, the A/D would have break the roof again.
From my point of view this is not a "pump and dump" run.
Some "flippers" may be in the mix (Shakerzz and Ogclip) but they're following the trend of the company, they're not building the run, IMHO
My advise is keep an eye on LABS + SBSH they're the "axe" here.
UBSS, NITE is more about the shorters and the flippers.
Before I forget, put the adress of "Krystall" shop in NY in "goggle map" and then put the actual sales adress of GBDX, you will be surpise, very surpise.......
Message to Willy Wizzard, I was told that the actual short is 25% less important now (375-400M)
Short trigger price 0.0075$, here we come !!
Very few weak hands here.
No dumping on the bid.
I still have all my shares and I like what I see.
LABS + SBSH is the axe here, keep an eye on them.
Will not be suprise to see 0.008 Friday night.
Beware, this will be bumpy, because some flippers will leave to boat way too early (around 0.0034-0.005).
GO GBDX.
GBDX, Finally we got it.
Your view Lowtrade ?
Look at the A/D sound like a joke, a good joke !
http://stockcharts.com/h-sc/ui?s=GBDX&p=D&yr=0&mn=6&dy=0&id=p38028318173
Yes Rembrandt you got it right.
When the world will discover who is Almaz and the magnitude of the T/O it will be the shock of a lifetime.
I would like to say thank you to all the shorters of this board, they allow me to increase my core position by 10M shares during the free fall.
Adding from 0.0012$ to 0.0008$ (during the fall).
If we get 0.1$ T/O, I will be able to buy 7 to 8 homes somwhere in the world.
I will pick :
-Phoenix (USA)
-Santo Domingo (Dominican Rep)
-Alicante (Spain)
-Hurghada (Egypt)
-Kuala Lumpur (Malaysia)
-Dakar (Senegal)
-Caracas (Venezuela)
Sound nice to me.
NEXT STOP ?
0.0025 and 0.0050.
After the PPS will be all set for the major blast after PR.
Look at the A/D sound like a joke, a good joke !
http://stockcharts.com/h-sc/ui?s=GBDX&p=D&yr=0&mn=6&dy=0&id=p38028318173