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Good Morning. Enough bs. Bottomline per your earlier post months ago is that you bought at end of October @ .031. So yes, if you didn't see possible decline in pps shortterm and get out, poor poor you.
But your frustration/anger for the loss should be directed at yourself for buying at top of a shortterm run; and then not selling once sign of decline was occuring. And key is the decline bs happened w/previous mgmt. no longer in place.
Having said that, the most important point is the significant change of mgmt. since beg. of year. New mgmt. in place has implemented a buyback of over 1B shares, and has aggressively went after the FOREX deal, which is huge. Yes, if you have not sold since buying incorrectly @ .031 in Oct.; w/ old mgmt. and bs crap going on, then your down big time. Checking your posts over the last 2-3 months, all have been for CHNW and negative since you bought in Oct.
If you still hold a position w/CHNW, enough bs whining and bashing. Past is just that, and new mgmt. has nothing to do w/your earlier losses.
Per your current post, if you "realized the truth a long time ago", then why didn't you sell your position and move on. And if you do not have a position in CHNW now, then go away.
Song of the truly desperate. Amazing.
My opinion only. Not a buy or sell recommendation.
If A/S count only 950M, and now FOREX deal done, boom!!!!
FOREX entry w/a platform that enables "larger" block traders to have direct access w/o middleman thru CHNW direct connection to trading w/FOREX is huge. FOREX is "the" hottest trading platform now period. Worldwide trading levels and est. $1.7 trillion, yes trillion dollar mkt.
Key IMHO is CHNW establishing a strong base for direct trades in FOREX mkt. Co. understands where real $ is; which is big block existing traders looking for an entry portal to bypass middleman bs. Being established thru CHNW now.
Also, cash now business segment is pure profit; in a large expanding market. Look at current state of individual debt issues and need for immed. cash. Just drive around your neighborhood, another retail enterprise opens up "immed. cash now", Cash America, Cash Centers popping up all over. CHNW dominates a business segment that is explosive.
FOREX platform by end Feb. established is key.
Best Regards, not a buy or sell recommendation. My opinion only.
Good Morning. Strong info from Pres. msg. FOREX connection is big w/such huge $ traded thru FOREX. W/CHNW focusing on providing a strong access for exisiting larger FOREX traders, smart~! As Pres. msg discussed, CHNW not looking to create bs "another retail entry", but to bypass the bs middleman fees and process; allowing big $ traders in FOREX to have direct access to trade more directly in FOREX mkt.
Continue to moniter L2 trades for size of each trade during last trading days. Shows many @ .0003 for 5-10M+ sh strong trades, setting up for next move up.
IMHO, key is CHNW creating an access point for big block traders in FOREX to trade directly and w/o middleman fees/bs.
Plus, CHNW has establised itself as premier co. for profitable business format w/"cash now" sector, which is growing rapidly.
Look how many "cash now" type retail business's are popping up in every new retail strip center built. Americans are in debt and overleveraged. The need for immed. cash to cover bills is growing.
Profit % is huge in this business platform. Great base of revenue for CHNW while growing FOREX platform. And FOREX platform is set to be fully oper. by end feb.!!!
So, what's the hang up w/pps increase. BS posts from some stating blah blah, and no real strong traders yet in. Amazing but true, another example of a solid business w/strong upside but w/o bs hype and sheep following, ...... My interest in CHNW is the FOREX deal. IMHO, huge!!!!!!! Platform is unique and key large traders want this to trade on FOREX.
Reality vs perception once again. FOREX deal to be set by end of Feb. And, watch what happens if CHNW pulls a RM w/est. FOREX deal.....BOOOM!!!
Best Regards. Not a buy or sell recommendation. My opinion only.
RU-jumped in as well. Ques.-your post said "ut from scan".
"Scan" of L2 strength is scan? Or is scan specific websites that deliver realtime news/PRs or info to validate potential runs? W/RM's and shell plays, I research SOS info of reactivated, reinstated, new pres. and accepted resident agent, which are key to confirmed big RM/shell plays. (this is a given). Other info???
IMHO, shell plays and RM's are big in pps runs. However, getting in early w/any play to me is paramount in consistent profit; because as you are aware, many do not play out as expected. And w/RM's, never come to fruition.
Ck CHNW! FOREX deal. Best Regards, my opinion only. Not a buy or sell recommendation.
CHNW-FOREX access now as well. W/existing huge traffic the co.s site has, FOREX deal IMHO is big. Plus, CHNW's business model w/Cash Now centers expanding worldwide is nearterm strong revenue producer. More and more, individuals need access to shortterm loan rqments; and CHNW is establishing itself as leader in this mkt.
Best Regards
Not a buy or sell recommendation. My opinion only.
Forex news is huge IMHO. CHNW mgmt. sets up FOREX deal w/established co. CHNW's very large volume already established on it's website creates golden oppty to utilize FOREX trading exchange. Pure growth oppty!
This on top of expanding Cash Now affiliations in many strong markets worldwide. The business format of CashNow loan centers is a huge growth mkt; w/reports out that rates charged equal or lower than std bank loans. As stated prior, yes, some increase in share count; but used specifically to grow a company business format w/continued expansion. Do the math. Will reap serious net profits nearterm. Great business model, and mgmt. using its strength to build value. Now FOREX connection.
Thursday, almost all trades @ .0002, many +5M shares each. Any sells @ .0001 were minimal. Not one large block trade got shares below .0002.
With any increase in share count to build business done; and so many big block trades accum. @ .0002+, ready to take off.
Most impressive is mgmt. continuing to expand business format into key areas that will generate large revenue.
Best Regards
Not a buy or sell recommendation. My opinion only.
CHNW-agree. Why so many large block buys @.0003/9M,7M,9.9M share buys all day long as smaller retail traders sold off for 80% short term gain. MM's started to walk down pps today, creating bs panic from small retail traders who sold off.
As stated on CHNW board, I look at L2 intraday trades-size and volume @ what pps.
Huge volume today and large block buys consitently @ .0003 after MM's walked pps down. So many 7-9M+ share buys each all day long @ .0003. WHY?...
Plus, cash center business format IMHO is hot, and growing huge.
Best Regards
Not a buy or sell recommendation. My opinion only.
Facts-Most imp. gauge of strength/direction is size of each trade and at what pps. That's why w/pinks, access to L2 intraday trading is key.
Over last few days, CHNW pps up from .0002+ to .0005 today. Opened gap up @ .0004 on premmkt PR, and increased interest. Then, MM's wanted major shares @ .0003, so @ +-11:23 am, started reverse of pps increase by passing on higher bids, creating panic among smaller traders. This allowed major selloff to occur, and oppty to buy large block trades .0003. Majority of buy/sells @ .0004-5 where minor @ 230K, 590K, 450K share trades. This was smaller retail traders flipping to other smaller retail buyers; taking 80-100% gain. (Norm w/most small traders lately). Then, MM's took control and walked weak hands and pps back down to .0003.
Most importantly, IMHO, is the buys at the level pps basing back to previous days close @ .0003. IF you ck L2 trades all day, so many buys @ .0003-9M shares, 5.5M shares, 8M shares,14 9,999,999 share buys @ .0003.
To me, shows smart money buying large @ .0003, for a reason.
Regardless of many posts of must be dilution, why would pps not take off if..... again, look @ how many large block trades bought @ .0003. Why? PLus, bid this morning is .0003, ask .0007.
I love this co.'s business model of cash/loan centers; this financial segment is growing huge. And, real #s show compared to std banks, interest rate/cost is comparitive or less than std bank rates. Growth business IMHO.
Best Regards
Not a buy or sell recommendation. My opinion only.
Simple-R/S required if Comcast deal is real. Key point is that NO mutual funds/corporate-pension funds are allowed to invest in stocks that trade below $1.00-$5.00 a share; regardless of if pink/OTC, etc. If the Comcast deal is pending, makes sense to initiate a R/S to open up buying to big money-mutual/corp. pension funds. Yes a R/S also creates a higher pps to move to a higher exchange like OTC. Important, but w/process takes time. More importantly w/ADNL/ADNN is R/S creates a required pps value for IMMEDIATE access to mutual/corp. funds to invest w/Comcast deal. IMHO, this is why R/S is happening.
Been many pinks w/real value that did R/S to continue growth/value. And pps after R/S increased accordingly. For every bs pink co. w/R/S and no value, there are just as many co.s that have done R/S w/ real potential, period.
Perception vs Reality-
1.) PPS last few days ramping up to .0007-8, w/chart-technical indicators showing continued strength. So, if mgmt. and CEO only looking to work dilution, could have continued to much higher pps levels. If R/S just bs, why then cut this continued momo off w/R/S. Knowing the perception of traders w/ R/S is negative, and pps would decline? Please you negative posters, teach me why at this point, a R/S benefits CEO supposed scam?
2.)History- Dressel has 25 year success in music industry w/$1.5B in revenue past few years w/companies he has managed. Also, w/ADNL, over last 14 months has increased cable exposure,
affiliated w/Greenberg Assoc.(top law firm in Country Music industry). Greenberg Assoc. has completed 5 major cable deals recently for clients and has several CMA/Grammy award winning clients. ADNL has hired top personnel to grow company. Hired top firm to combat short bs (same co. as Paim/Paiv). Established main office in Nashville, "the" city for any cutting edge Country music artists. So, a CEO w/25 years success and growth, would take time to just bs traders for minimal $ with a bs R/S?
Again, please, any negative posters, "teach" me by telling me why a R/S now makes sense if just a scam to dilute and line pockets. Dressel didn't cause the pps to drop to .0001. Panic, sheep bailing on R/S assumption did.
Also suprising to me how on this board now see posters, who do not own this stock, and have never posted before but want to offer their sage advice.
Best Regards. My opinion only. Not a buy or sell recommendation.
Ronnie, thks for reply. Good to hear co. addressing
short position. As you know, still strong on GBDX w/3M+sh
w/no loss, but frustrated that stock w/such potential is still played by MM's.
Ex.-days ago with start of strong upturn in pps., many large buys @ 500K, 690K, 1.1M share count-.007-.0075. IMHO, key indicator of possible strength/interest from (not bs small traders 30-50K sh.). Why? Confirmation of reduction in share count w/cancelled certs pending. These larger traders know that only 380M O/S/ 138M float and $18M annual revenue=.05+ pps value net. 7X what pps was trading @ when they bought .007+-.
Then, pps dropped to current level. Why? Upon minor pps increase to .007+, majority of small/ignorant traders w/50K shares bailed. No confidence. Negated all larger real buys and MM's worked these weak hands down and down. Such bs.
Perfect example of smart large traders coming in knowing real potential, but larger bs small trader level bailing w/no confidence.
I still hold 3M+sh and know GBDX has base value pps of .05+.
But mgmt. must know and act accord. to curtail MM's bs of weak hands by following thru on info that substantiates value to more strong traders, and comforts smaller trader to hold position. THIS is what continues pps strength regardless of MM/short bs.
If you have access to mgmt., key is to PR- recvd certs and cancellation; redcution in O/S, no increase in float, and continued reduction in O/S. Plus add. reduction coming and positive update on JV. Cancellation of certs will handle any short bs.
Best Regards
Not a buy or sell recommendation. My opinion only.
Perfect example of reality vs perception in pinks.
Your PR list of confirmed strong indicators of value for GBDX go unwarranted to increase pps to appropriate levels. Why?
"Perception" of continued posts from minor traders and no interest from the strong boards creating a continued upturn/strength in pps. Obscure points about co. since merger began. First it was office address confirmation to validate co. worth. Then bs dilution ques. came about as possible reason for decline in pps. Then "wheres BOD list" to substantiate value.
Again, what other latest "it" pink play-PLYCF, LFZA, PYPR, PLSO, MRXT, MNEI, AWYI, METP, NXNO, CVXI, CWRN, EXCS ...... on and on w/such strong rise in pps has ever been questioned on validity of revenue, office address, BOD confirmation, size of share count vs revenue. And so many of these w/huge O/S/float. W/GBDX, former mgmt. of WWCD merged seeing strong oppty in wholesale diamond mkt, using GBDX to exploit lucrative russian wholesale diamond mkt. Then, right after merger, sells out first 2 shipments prior to even receiving, @ $3M+ revenue in 60 days. Then, mgmt. addressing shareholder concerns, reduces O/S count by 30%, 104M shares creating even more real value.
A true "gem" in pinkie bs land and doesn't matter.
Mgmt. has tried to address concerns thru share reduction, PR's on continued strong revenue/sell out of inv.; no dilution + add. share reduction coming. Pending JV w/ such strong ties in russian diamond industry, creating even larger real value for GBDX. And pps continues bs decline.
Frustrating because w/weak perception created (wrong, but still there), MM's (yes, many shorters)can work this incorrect mentality of weak hand shareholders again and again. As I stated earlier, pps should have continued from .028 basing after initial pop to .07 @ merger. 1st shipment sold out, strong revenue, reduction in shares, etc., verifys value and momo/interest should have continued pps increase from .028.
Why not? Mgmt. did not take proactive approach and realize bs pink mkt and its workings. Latest example is just days ago, pps starting ramp up numerous large buys @ 500K share+ @.007-.0075+. Anticipation of announc. of confirmed certs and reduction in O/S count by 104M per prior PR's, showing follow through and pps value @ .053+. Instead, mgmt. lays idle and critical time goes by w/o confirmation to continue strength and interest. So what happens, neg. perception and now pps @ .0046. Weeks have gone by since PR regarding share reduction and pending rcvd. certs.- nothing! Then, mgmt. issues a PR about 2nd shipment. Duh, already knew 2nd shipment was sold out per PR weeks ago. Factored in already.
Such frustration w/ a stock that is worth so much. 380M O/S and $18M annual revenue-.053+pps= 10X what it's trading for now, w/o any std multiple applied. ARGhhh!!!!
Simple-"Perception" stronger than reality.
After all that ranting, still strong and holding 3M shares w/o loss. Mgmt.-wrong or right, know the game, and act accordingly.
Best Regards, Not a buy or sell recommendation. My opinion only.
Ronnie-Good Morning. Enough BS. I have supported mgmt. and stock w/real revenue and .053+ pps value w/current O/S and float. Plus, huge near term sell out of first 2 shipments of stones, with projected total rev. of $1.6M monthly/$20M+ annual for a co. w/ only 380M O/S, 138M float.
However, fridays pps direction shows another example of mgmt. since merger; not expanding continuing strength by being proactive in PR's, and control of bs munipulation of stock's pps by MM's. Why? Without any bs hype, momo; value of pps after merger should have continued to be strong after short term drop of profit takers to .028. At that time, merger was new and projected success a what if. Since then, for a co. to have sold out first 2 shipments @ +-$3M in revenue over 60 days and reduce O/S count to only 380M, w/138M float-Great real #s. And pps still weak, MM's in control and pps trading @ 1/10th of real value. Absurd!
In pinks, either co. creates/establishes value and "interest", thereby creating momo and pps run,or is subject to bs play of MM's working weak hands. No excuse for pps a few days ago trading @ bid/ask of .007-.0075 w/larger buys coming in to not continue. Reason for weakness. Not enough interest and comfort level (regardless of real value) to continue pps from .0075 upward w/ increased volume. A sense of uncertainty was allowed to be established since merger w/bs office opening delay and no real response from mgmt. Again, OHHHH, so frustrating, how can a co. worth .053+ with continued strong PR's, share reduction, and real revenue near term, wallow at this level. PPS down only because wheres the increased demand trumping the MM's working weak hands. Once real strength w/continued inc. buy volume occurs, MM's only course of action is to run w/it.
"Ready to drop bomb", hey mgmt. just step up and establish once and for all your real worth. Enough said.
Best Regards. Not a buy or sell recommendation. My opinion only.
So frustrated w/ a stock that no bs has a pps value currently @ .053+, but trades @ 10X lower. As I stated earlier, mgmt. regardless of real value of the co., must understand and be proactive in completion, PR's of info that matters to the type traders in pinkieland.
Since merger, mgmt. "allowed" a false perception of what if value to be created. This has continued over and over. Currently, issue IMHO is mgmt. should have immed. after PR of reduction in O/S by 88M + 15M shares, and that cancellation of certs were pending; if say it, do it.
BS that russian Xmas holiday is..... F#$@K that. Don't announce a significant PR and then not follow thru. Creates false sense of mistrust. This has been the MO of mgmt. since day one. Does it mean GBDX is not worth .06+. No. It means in pinkieland, know how it works. So what happens. MM's work weak hands, and no strong players want to come in, continuing pps decrease to levels 10X below base value of rev/share count of .053+. Mgmt. needs to correct their process and take initiative to confirm real value. Confirmation of certs and cancellation of 104M shares per previous PR. Even take a proactive approach and yes, reduce moreso O/S count/float w/ revenue from 2 initial shipments sold out. Update on pending JV announced months ago. Again, example of not following thru.
Cannot stand that mgmt. allows MM shorts to play weak hands.
Clear Example was few days ago, continued increase of larger block trades, 400K, 600K, 1M shares @ ask -.007 w/ pps building strength. Shows real interest in this co. And most frustrating, is pps real value currently is .053, no hype, no momo, no bs just based on revenue/O/S count. So what happens. Mgmt. issues PR about 2nd shipment sold out, .... Nothing about confirmation of previous PR regarding reduction in share count, certs received, etc.-The "real" meat of value.
Yes, GBDX is strong pink w/real value of .053+. That's even w/o std multiple of 3x5, which puts pps @ .15+. However, mgmt. has allowed a false perception since merger; and needs to step up and correct it, period. My patience is waining.
Best Regards. Not a buy or sell recommendaton. My opinion only.
Even Bill Panetta was suprised pps dropped from .028 to current levels w/ such real value.
FACTS-Purpose of R/S is key w/ADNL. Yes, a "stigma" of negativity has been connected to reverse splits. However, typically this is based on co.s listed on higher exchanges like Nasdaq that must meet certain reguirements of pps level; or be delisted to a lower exchange. So w/no real value, (as in .com boom in 2000), co.s did a R/S to try and stay alive on the higher exchange. Exactly the opposite reason w/ADNL. Being a pink, w/no requirements or need to R/S to keep "status" on a higher exchange; and lately such strong upside in pps and interest, why do a R/S? IMHO, smart business move to set up ADNL(ADNN) to attract/allow major funds to invest in ADNL, w/Comcast deal completion nearterm.
Think! IMHO, most traders are not seeing why the R/S was implemented now. With such large increase in volume and pps increase last week or so, mgmt. could have took some profits and reduced share count to continue a hype and run up in pps to line pockets. Or issued bs PR's to work momo. Not the case, period. Key is with ADNL trading @ .0005-.0008, the big boys-(mutual funds, other larger fund corp.buyers) can not invest in a stock trading lower than $1-5.00 pps. This pps level is primary requirement of big funds.
Yes, likely ADNL(ADNN) w/Comcast deal will move to OTC. But w/bs process, takes time. Most imp. factor to "allow" major funds to invest in ADNL now is pps value. R/S accomplishes this. If comcast deal is valid, ADNL real value is huge. But, if continued to trade in pinks, even w/Comcast deal, mutual funds, corporate funds could not invest in it anyway per requirements they have. So to me, makes sense to initiate the R/S so that upon announcement of Comcast deal, big boys have access to the stock, propelling pps big time. The first step to allow "access" of mutual funds, corp. funds is have a minimum pps level allowing purchase ability.
I have read all the posts of anger, frustration, postering of that dam'n Dressel, another bs stock doing a R/S...Has anyone asked themselves WHY? If the Comcast deal is valid, makes perfect sense
With pps starting strong upturn and continuing, why would a company initiate a R/S? My decision to buy ADNL is key points that to me show real $. The effort of Dressel by affiliating w/Greenberg Assoc., top industry law firm that has completed several large cable deals. And has many CMA/Grammy award winning artists as clients that fit into ANTV format. Dressel's nearterm previous success of over $1.5B dollars revenue in music industry and expansion over last 15 months of cable mkts w/ANTV speaks for itself. Plus, Dressel been in music business 20+years w/much success. Setting up co. in Nashville, hiring top industry leaders in mktg. Hiring top gun co.in fighting short bs (same co. that PAIM/PAIV others used) to squash shorters.
IMHO, must see past std negative perception of a R/S. The ques. is not that it happened, but why?
Ask yourself, would a co. be behind issuing a bs "leak" on myspace on Comcast deal to just pump stock shortterm to .0008.
PPS just 45 days ago was .0015+ on no news. And then if just hyping for a pps run, issue a R/S knowing negative reaction it would have? As many smart posters have stated, like it or not, a strong mgmt.'s job is not to handhold minor traders. Job is to build the co. best they can. I believe Dressel is doing just that.
If I'm wrong, then tell me why mgmt. would do a R/S at this time, if not to open up shares to mutual funds,corp. funds?
W/R/S, with such minimal share count @ $1.00, if comcast deal is announced, what is pps worth then w/influx of larger mutual funds? Wow.
Best Regards to all! Not a buy or sell recommendation. My opinion only.
Maui, no kei oui!~
Simple. Based on merger success w/individuals who took over WWCD w/ that merger. After working that co. to a $2M cash net profit in less than a year, sold it off and then saw large oppty in diamond mkt. wholesale. Mkt. has been dormant last few years, but now is hot and russian diamonds are "it". So former mgmt. of WWCD looked for a conduit. IE-GBDX, a co. with solid rep. and long term prescence in NY diamond district. Most imp. GBDX had existing contracts w/top russian cutters and exporters. Right at the time when govt. of russia passed new law increasing % of rough cut diamonds to be exported. Amazing that noone gets that GBDX is just the "play" of former mgmt. of WWCD to work the current hot mkt in quality russian stones.
You stated you looked deeper? If so, would know the previous success of individuals from WWCD, and why they chose GBDX for next large play.
I do not disagree that pps is down, and should not be. And frustration is warranted w/incorrect decline. But at least know the facts. Funny how all pinks/OTC plays based on short term momo and alot of bs hype. Ok, accepted. That's why w/GBDX, how positive it SHOULD be that this pink has such real strength, low O/S count, revenues.
Why is it that last few flyers-PLSO, ABTG, MRXT, MLXO, ETIM,
CWRN, CVXI, PYPR, ATLJ......on and on, not one post regarding confirmation of revenue, share count, address of office, BOD must be confirmed to substantiate 300%+ increase in pps.....?????? But w/GBDX, with such small share count, mgmt. reducing share count by 30%+, and more to come, business of diamond sales has first 2 shipments sold out and $3M in revenue over 90 days, meaningless.
Like I said to you earlier, you want out, @ such low pps currently, I'll buy your shares at today's price and you can go chase w/other sheep next hyped play.
Best Regards. Not a buy or sell recommendation. My opinion only.
Feel sorry for you. Per your posts just yesterday,
Post 23449-1/25-This is a real co., give them time.
Post 23896-1/25-Cheap, load up at these prices.
Post 23445-1/25-Will spike hard, its due.
and more positive posts last few days... "Wait until settled at 2 west, pps will move up".
And now 1/26, you say "made calls at the district,.....
noone cares, they didn't know about GBDX, then you say, "Now there back but for whos pocket". If there back, obviously known, right? So, bi-polar, which is it? Wow.
Get a grip. GBDX and its address has already been confirmed period. IMHO, pinks/OTC plays may not be for you. But, at least get real in your posts. With a real value of .053+ @ 380M O/S and $18M annual revenue, just let me know your share count, and I'll gladly absorb it at today's low low pps.
Best Regards
Not a buy or sell recommendation. My opinion only.
Ronnie, good post. Agree that GBDX is so undervalued based on real #s, (spec.-small amt. O/S float compared to revenue).
And you know my large position in GBDX, still.
However, reality in this mkt.(pinks-OTC) is that real value of pps vs. perceived value are usually not the same. When most traders bought GBDX @ .025+, thought w/strength of merger and momo, pps would continue up from there. Especially since real value net is .053 even right now. Didn't matter. Why?
Mgmt. IMHO did not eliminate invalid concerns by being proactive as pps was increasing on points that drive continued upside in pps in this mkt. Regardless of should not be needed, it is, in this mkt. Otherwise, no strength and sell off starts, MM's play weak hands and heres wher were all at now.
W/every PR, issuing as a "reactive" response, not "proactive" response. PR's which have been valid and w/substance, are always released after the fact, and concerns stated. Too late at that point. Example is w/bs decline in pps, takes mgmt. forever to announce a buyback and reduction in shares, and No dilution. Again, after the fact. In the interim, mentality of traders screamed poss. dilution, blah blah. as cause of pps decline. A negative perception of GBDX has been created. Invalid-Yes. Notice how last PR on wed. of awesome revenue/and sold out status showing strength, didn't matter to continue pps from previous 25% gain to .0075 to continue.
My input last few days IMHO is still valid. Mgmt. announces (and been awhile) received all certs and has cancelled 104M shares per previous PR, and will continue to buyback shares reducing O/S. Float will not be increased, or A/S count. And projected revenue is +$18M this year est. on last 2months revenue of +$3M. Info on pending JV and what it means to strength of co. asset wise.
Thanks for PM. Best Regards. My opinion only. Not a buy or sell recommendation.
Facts- close @ .0003 is MM bs-why? Trade was for only 100K sh-$30.00;
and consistent buys all day long in 2-9M share range mostly no lower than .0005+-. MM's kept trying to walk the pps down all day, seen thru L2 trades of higher bids passed up for lower bids, "creating" a false sense of insecurity among smaller traders. Combine that w/flippers taking profit from buying @ .0003-4. Real # IMHO of pps today was .0005, down a little from high yesterday but still strong on large block trades; w/pending news. So close to a huge pps upside. If launch of comcast deal/ANTV channel is Feb., likely by early next week news out confirming the deal. Then .03+ pps or more.
The short term run of pps from .0003 to .0008 last few days based on increased volume-interest w/pending comcast deal that was leaked from Myspace.com. Plus, chart/technical indicators showed pps riding top boli, strong rsi, macd cross +, strong stoch, strong obv and of course Momo...great short term play.
Icing on the cake is short position; which if comcast deal is valid, shorts are fuel for the fire.
Key issue-Dressel has such success in this industry, $1.5B rev.w/previous work. And affiliated ADNL w/top entertainment law firm Greenberg; that has completed many large cable deals.
Plus-Greenberg represents some of top music talent in country music.
(CMA, Grammy award winners). IMHO, use this oppty to soak up more cheap shares prior to near term announcement.
Best Regards
Not a buy or sell recommendation. My opinion only.
Good Morning. The market cap is based on $1.6M+-per mth @ 370M sh count w/std multiple in this industry of 3x5 is .15+ pps. I have stated numerous times even w/o std multiple given to stocks in this industry, pps is .053+.
Your # given of $2.4M revenue is for just last 60 days, annual revenue est. is +-$20M.
My interest in this play to begin with was that former mgmt. of WWCD built that co. within a year and sold for $2M cash profit net; and large increase in pps. Then, they focused on diamond mkt., and a co. w/established rep in NY diamond mkt., and strong existing contracts w/top russiancutters/exporters. That was GBDX. Why? Because a new law in russia that increased big the % of rough cut diamonds that were allowed to be exported, and the start of an upswing in demand worldwide of quality stones. Smart business timing.
Once former mgmt. of WWCD merged w/GBDX, over the last 60 days+ have shown nothing but strength. 2 shipments sold out worth $3M+. Even with only O/S count @ 480M, saw need to reduce O/S count by buying up and cancelling 100M shares.
With much more to come near term. This shows me mgmt. sees $ in the co. w/sellout of first 2 shipments. IMHO, the JV pending w/top russian cutters/exporters, bank and Krystal (the cartel in russia for top quality stones), is huge.
Why pps dogging? As I stated prior, the pink/OTC mkt is bs momo, hype, and illconceived perspective of what's real. But, when you have a stock like GBDX w/"teeth", hang in there. There is a reason why over last wk to 10 days, been accum. of bigger block trades @ 500K-800K-1M share trades @ .0065-.007+-
PPS has not dropped below this level but has "based out" at this level. MM's accum. Frustrated weak hands bail w/no quick upside, allowing accum. to continue.
I do not waste time complaining, I just feel should post facts amongst bs.
Best Regards
Not a buy or sell recommendation. My opinion only.
Key is confirmed reduction in O/S. 470M to 395M per T/A as of 1/23. As certs continue to come in, T/A will have reduced O/S count down 104M+- shares to 370M+-. Plus, looking for confirmation of JV and per mgmt. and continued reduction in share count per mgmt. to increase value. Which @ current and near term levels of +-370M O/S, pps valued @ .053+ (again, must emphasize this is w/o std multiple of 3-5X=.15pps)
Within last 3 months, GBDX has sold out first 2 shipments @ +-$3M in revenue, reduced share count and is finalizing strong JV. And pps trading @ 1/8th real value. Over last week, many strong bigger trades @ 500K shares or greater @ .007+.
Best Regards
Not a buy or sell recommendation. My opinion only.
.0002 hit for 80+M shares within first 30 minutes of trading wed. 1/24. Larger block trades @ .0002 + continued buys @ .0002 for 2M shares + throughout the day; to me shows sign of accumulation prior to .....
Agree w/Lifegear, likely to .0008+ nearterm.
Best Regards
Not a buy or sell recommendation. My opinion only.
Unbelievable!!!! PR of 2nd shipment sold out. $1.4M rev.; which shows trend of success since merger of +-$3M rev. in couple months. Plus reduction in O/S count by 30% (+-104Mshares) to +-250M sh. O/S.; and only 138M float. This bottomline = .053+ pps w/o std multiple applied, which should equate to .15+ pps value.
GBDX trading at 1/8th of real value currently. Does strong short term continued revenue and reduction in share count even matter to substantiate pps value? Oh, that's right, just bs hype and momo control the "sheep". And, be clear, a company does not make effort to reduce share count and try to dilute for bs minimal gains concurrently. DUH. Especially w/GBDX, w/JV pending and such strong revenue. T/A has confirmed that O/S count has decreased as certs continue to be received and cancelled!!!!! This is confirmation of mgmt. actually reducing share count as PR'd.
What happens wed. after tues. strong upturn in pps. to .0075 with many large block trades +500K shares @ .007? Wed. pps even after strong PR confirmation announced of 2nd shipment sold out and revenue $1.4M,is weak and closes down to tuesdays open of .06. WHY? -In pinks/OTC's just like most of life's bs, all weak looking to follow bs hype ("Oh, I need a Cadillac Denali t to keep up with the Jones's) creating bs momo on next chase. Based on no relative info or #s to substantiate value.
IMHO, MM's regardless of big block buys @ .07+, are working weak hands who bought 1-2months ago at much higher prices. These weak hands (quite a few)looking to bail at any small uptick in pps., derail what could be a very strong pps run back up to appropriate levels-(and strength in pps actually based on real value, revenue, mgmt. reduction of share count).
EX.-ABTG up big today on announc. of $1.5M+ annual revenue, and pps to .09. GBDX has twice that in revenue in last 45 days and trading at .006? Amazing!
Best signal to me w/GBDX is the size of each trade over last week or so which are large block trades @500K+ shares at avg. .007+-.
I wish traders would realize that MM's cannot control and keep down a stock's pps while accumulating to cover short pos. once enough interest (ie. large sustained buy volume) pushes pps up.
Weak hands selling into MM bs and sheep mentality w/ a good stock play is pointless.
Best Regards
Not a buy or sell recommendation. My opinion only.
Continued larger block trades @ 500K+ shares @.07+. Has been occuring consistently over last week. T/A confirmed reduction in share count as cancelled certs come in, more to come. Ex. of mkt-ABTG announc. today such big rev. increase to $1.8M annual and stock trading at .07 and increasing!!!-GBDX has $1.8M
MONTHLY, and trading at .0075. GBDX so undervalued based on specific real #s, amazing!
And, what other pink/OTC stock has immed. after merger took initiative to increase shareholder value by reducing O/S by 25%?
Per PR's, 400M+- O/S reduced by 103Mshares-(88M and 15M) so effec. 300M+- sh count and $19M annual revenue. Do the math. And confirmation with T/A of cancelled certs continuing to come in now.
Plus, mgmt. to continue to buyback/reduce share count. Combine that w/$1.8M monthly avg. annual revenue. As I stated prior, all stocks pps value is revenue/O/S.; + times a 3-10X multiple depending on what industry stock is in. GBDX pps w/o ANY applied multiple at current reduced share count and revenue is .053+ pps. With std multiple for precious metals, stones, etc. of 3-5X, GBDX should have pps value of .15+. No hype, pump or bs, based solely on #s.
Also, one of biggest points is most traders missing the JV being finalized with major industry leaders, bankers, etc. This pending JV is why BOD has not been announced yet!
And, also chart and technical indicators are so ready.
Best Regards, Not a buy or sell recommendation. My opinion only.
Ronnie, welcome back. Key specific points of GBDX.
You know my thoughts that GBDX has such strength based on facts of real value. Which is such small O/S, float comparitive to nearterm strong net revenue. Most if not all stocks have multiples applied to determine actual pps value.
Even w/ NO multiple applied, w/$1.8M monthly rev. and only 340M+- O/S and 139M float, AND continued reduction in O/S, pps real value now is .053+, easy.
Having said that, my issue w/GBDX mgmt. and Alex is not utilizing co.s true strengths to maintain and grow the pps to appropriate levels. To PR the first 88M share reduction, add. 15M sh reduction, cancelled certs on the way; and then lay idle with this imp. issue for weeks is not smart business. Follow through, follow through on a key point is critical in continuing strong increase w/ price point. You are correct that MM's are not pushed to treat GBDX differently until certs (which is confirmation) are officially cancelled. This confirmation, and continued reduction in shares as stated in earlier PR, is the real catalyst for pps increase fo "real" value levels. Obvious, so this is what mgmt. should be focusing on completing NOW!
IMHO, a BOD list could be daffy duck and friends; its #s stated above that create a strong case for pps increase. The previous success of Alex w/WWCD; and then taking $2M+ net profit cash from sale of WWCD and merging w/GBDX. Because of strong ties and contracts w/russian cutters/exporters that GBDX has and established 17+ yrs. in NY diamond district was great choice to merge with in first place. Shipments coming in sold out, and "initiating" reduction in share count-awesome. But, get on it w/PR confirming certs received, cancelled, reduced share totals and next anticipated reduction. Not hype, but control of MM's bs and direction of pps.
Even when the BOD are announced, what posters on this board who keeps stating the BOD list is so important to value will even know the signifigance or not of BOD?..... What other pink/OTC stocks pps has been driven by BOD confirmation? Yes, nice to see BOD established and part of process, but cmon. Its O/S, float divided by real revenue period.
If you have any access to Alex, pass it along. Great to see you back. I have a get out of jail free card for you!!!!
Best Regards
Not a buy or sell recommendation. My opinion only.
Good Morning. Correct! What continues to be consistent and key are the larger individual buys over the last week @ .007+-for 500K+ share totals regardless of minor basing of pps short term. Must be a reason!
IMHO, excellent indicator of a stocks possible upturn is the size of each buy trade; and at what pps, during short term direction. Last few days, trades in the 500K+ share range of .007 have dominated the L2 intraday pattern. However, many smaller traders looking emotionally to bail at any oppty and no new larger momo has continued to keep pps basing @ .0065-.007. Notice that a few days ago, with very large volume and many smaller traders selling, pps stayed strong without decreasing.
The concern in trading pinks/OTCs is when very small individual trades show weak, invalid strength in pps. Not the case here.
Again, facts don't lie. So many buys last few days at 500K+ sh
each @ .007. Posts that state the reduction in share count with mgmt. cancelling shares and reducing total shares is unimportant-What?
$18+M annual revenue and w/ reduction to only +-300M O/S and 139M float. Do the math!!!! .05 pps value even w/o std multiple of 3-5X, which would equal .13+ pps value.
IMHO, for mgmt. to make effort to reduce share count, (which means putting $ back into co.) validates worth of co. and its potential for increased value.
Also speaks to mgmt. being proactive to shareholder concerns, w/no dilution, pps value verified, and validity of co. worth. Other posts who have spoke with T/A state T/A saying likely O/S reduction actually larger than estimated.
Again, frustrated that most traders who got in to GBDX at higher pps than current, bail and do not see real value coming short term. They continue to bail on any small pps increase. With no continued volume increase thru large momo yet on pending news, MM's will continue to work the weak hands, keeping pps from increasing.
Smart traders look past surface bs and see value-why is there so many large 500K+ sh. buys @.0065-7 last few days?......
Hope to see monday/tuesday that certs are received, and hence, confirmation of real pps value at much higher prices.
Best Regards, Not a buy or sell recommendation.
My opinion only.
Focus on key indicators! One imp. indicator, size of buys @ ask, shows a very positive trend setting up.
Last few days have shown w/moniter of level II intraday is that bid/ask is increasing, and most importantly, increasing with larger block trades @ ask. FACT-Share size per buy-500K, 1M, 450K, 580K; + many buys wed. @ 500K+ shares @ .007, and @ ask. IMHO, very positive indicator of where this pps could be going nearterm. And no, not smaller retail trades chasing bs momo/hype, but solid larger trades @ ask building base for a reason.
Pps decrease, IMHO incorrectly, is not based on bs dilution, or BOD not yet shown; or to line pockets of mgmt.Why?, When merger was completed and pps went to .07, mgmt. did not dump huge amts. to work momo short term to dilute. That was the time to do it and volume showed not the case. Pure demand of potential value, period drove pps up. At the time of merger, share count went up some but not huge. Yes, O/S count and float increased some w/demand. Being so low, why not increase O/S and float with demand to build value. If not, a co. must create debt by borrowing $, for GBDX to purchase inventory of presold diamonds. Better to increase share count being so minimal to begin with vs. creating debt for co. Still, GBDX has 0 debt~!!!!. Because the size of the big block buys would not fall for bs dilution, and accumulate such large quantity @ ask of .007, shows strength. IMHO, smart larger buys picking up cheap shares prior to next run.
Be Clear- why has pps declined even w/positive PR's much lower than it's real value. Simple. Sheep mentality of smaller retail traders and no increased momo created by mgmt. MM's thrive on this. My frustration w/GBDX is to have a co. w/such potential-based soley on revenue/small share count. MM's jumped on this incorrect weakness and walked pps down and down. Facts don't lie, and daily level II trades showed play by MM's consistently passing over higher bids to create downturn in pps.
Yes, mgmt. could have handled PR's, continuation of pps increase better by mitigating bs weak concerns from retail traders.
They didn't, and this allowed MM's to work weak hands over and over, thus pps declines even with strong real news. However, for some traders/bashers/what ifs to continue to state "if BOD was posted, or must be diluton, or must be a scam; or "must be no good cause phone service is"..... Cmon. Again, name me one other pink play that has been asked these questions to substantiate perceived value pps? NONE. Real value of co. is O/S, float size divided by real revenue short term. GBDX has this hands down.
With all that said, back to key-why over last few days have larger block buys come in (500-1M shares)@ ask occurred? Somethings up.
IMHO, the decline in pps happened with MM's working weak hands down and no increase in interest combating this bs decline by mgmt. being more proactive in providing needed facts to create add. interest. Does not mean GBDX factually is worth .05+. With $1.5M mth revenue/380M O/S and only 130M float, do the math.
Again, w/o any std. multiple which is usually applied @ 3-5X, pps is .14 pps.
Best Regards
Not a buy or sell recommendation. My opinion only.
Song of the truly desperate. So transperant. Whether its CKYS, IPKL, GBDX and others, your m/o is consistent with always negative bashing, with no concrete info to back up your position. Anyone who checks your posts over the last few months will see the trend, period.
Need to work on bash technique to move onward to level 2 status of paid bashing.
Amazing.
Best Regards
Ronnie-Orange agenda so transparent. Already confirmed has no position in GBDX, but still takes time to enlighten us; only when pps ready to go.
Typical bashing technique to state minor positive statement in post and then thrash at end of post.
The bs stuff regarding spelling of carrots-"not a good sign"
Get real. If any trader would check the last few PR's, all spelling is accurate and more imp. gives direct response to critical issues relating to shareholder value. Yes, CEO is russian, and like most that have English as second language, minor spelling or grammer errors occur. For posters to focus on this to determine real value is absurd.
This is a perfect example of the weak oppty to bash GBDX allowed from mgmt. to happen. With such a strong stock that more imp. should be based soley on real asset value and low share count comparitive. For a stock with real strength like GBDX and pps to be f$#@#$d with over the last few months with bs ques. on "is office address real", "must be poss. dilution"(wrong) with minor inc. in share count, "if stock was real website would be better"; "if GBDX would just state BOD...or "audited financials would"....and now bs spelling issue is key factor of why.....blah blah. NO other high flying pink play ever has similar ques. to substantiate value.
Reconfirms to me that pinks/otcs are only hype,momo, and driven by sheep following top posters/boards. Sad!!!!
As stated in earlier post, WHAT other pink with so much potential has been questioned like this with such inane what ifs?; none of which have to do with real value. Continued increase in revenue, JV w/top cutters/exporters; new russian law increasing export % of rough cut diamonds; reduction in share count I quess doesn't matter? Amazing!
Ronnie, remember, bashers get paid per every response they get back, so "Consider the Source". Hope to see PR of certs received immed.; and continued reduction of share count to continue. Not hard to get pps back to a more accurate value if mgmt. would step up. With current reduction in O/S and float count, pps w/mthly revenue stated is .05 w/o std multiple. With std multiple, .10-15+ pps.
Best Regards, back in Maui again; may relocate here from CA soon. Beautiful, but effec. 3:30am open!!!!!
Not a buy or sell recommendation. My opinion only.
Agreed. Strong upside for GBDX. What again is frustrating is what other pink that has rocketed up in pps has posters wanting confirmation on BOD or even care who the BOD are; or "when audited financials are released"-how many pinks do you know that have taken off, did so on audited financials to confirm revenue?......or "must be dilution with increase in share count"-which factually was incorrect and was minimal only to purchase diamond inv.(already presold twice over) instead of incurring debt.
As I have stated before, its not the increase in share count or float, but more importantly what after the increase is the relative revenue/share count comparitive. With GBDX, yes, mgmt. increased float/O/S count to grow business. But, did so smartly because the increase in share count still less than +-369M O/S, and float at 134M shares. Compare that to a monthly revenue of +-$1.5-2million a month. PPS even w/o std multiple is .05++ at these levels. Then co. PR's reducing share count and likely add. reductions. "Means" mgmt. is putting back cash made on intitial revenue into co. to increase value for shareholders. But what do I read posted. "If the BOD was shown, then.... or w/audited financials then.......
Still have large position in GBDX (+2M) and buying more at these low levels. IMHO if mgmt. smartly announces certs received, and add. reduction in share count, pps will take off to more correct levels @.05+. Plus, w/certs received any shorts have to cover.
The reason I stated in earlier post that GBDX mgmt. released
"general PR's", is mgmt. must become more aggressive with eliminating incorrect BS negative current mentality of traders at GBDX. Make the effort to get the "certs" to confirm share reduction; buyback add. shares; etc.
Plus, chart/Techs show such promising upside nearterm now.
Best Regards
Not a buy or sell recommendation. My opinion only.
Bottomline! Can we focus on real #s
So many posts about spelling issues, short position what ifs, increase in float after merger.
Not one post is relative to real valuation of this stock; and why it has failed to achieve correct pps levels of .05-.08+, based solely on real revenue/O/S and float count.
Regardless of what anyone thinks, pinks/OTC plays are based on short term momo, chart-technical indicators, candlestick anlaysis, and if strong boards, posters continue to hype it.
MM then work the direction of the play, to make the most money per trade during whatever direction the current consensus dictates.
With GBDX, over the last few months there has been no real strength in momo/interest from strong boards/posters; and mgmt. has failed to initiate proactive news/prs to substantiate its real value. Yes, mgmt. has PR'd general info, but I believe has failed in bringing real value home to investors. This has allowed bs thought process to grow-first it's, is GBDX at the address they said, then the website is subpar, then bs negative posts on possible dilution-inaccurate. Then, latest is spelling errors....... All trivial and not relative to real value this stock has. MGMT. did not control this bs by being proactive and proceeding with merger and growth info properly IMHO. Does not mean GBDX isn't worth much more than trading now. That's the point. IT is worth much more and hence the frustration.
What frustrates me the most is although I have done well playing this stock with short term movement in pps; and have posted continously of the real value of GBDX, based on facts;
GBDX pps is not performing compared to its real value.
Now, I believe if smart, mgmt. will issue a PR early next week to confirm certs are received and verify reduction in O/S count by 100M+ shares. I believe that reduction has happened. However, its up to a smart mgmt. team to facilitate the process if want pps to reflect this. Float may have increased since merger, but even 100M+ float is nothing if revenue if real @ +-$1.5-2M a month, which I believe it is. All companies growing a merger increase float/O/S count somewhat without incurring debt.
GBDX has increased share count, but to grow company and revenue, not to line pockets of mgmt.
Up to mgmt. now to take the reins and direct the pps to what it should be trading at per real revenue. IMHO, will see PR early this week confirming reduction in share count, and continued reduction to increase pps value. Enough said.
Best Regards
Not a buy or sell recommendation. My opinion only.
Without any multiple to pps, 380M sh/+-20M a year revenue is .05 pps. Normally, a minimum multiple of 3-5 is applied which would support a pps of .10+.
Reason-simple. If you ck the chart/t/a you will see a short term play from .004 a few days ago to yesterdays news, with pps up to .0085. And with larger volume and possible new interest, small traders took oppty to bail on upturn in pps with news. With sellers outnumbering buyers and MM playing it, pps did not take off. Why? No hype on top boards-BB's, OTC, Momo, etc., which is needed for small traders to feel comfortable to "get in", thus producing a strong upturn in pps regardless of MM shorts trying to cover.
Traders, cmo'n, show me a stock that rocketed up w/ hype- (PLLN, LFZA, PLYCF, METP, BKMP) others that has +-$20M likely annual revenue and only +-350M O/S, with co. actively reducing share count? Amazing to me how real revenue and such small O/S count; AND co. reducing share count to increase real value of stock, doesn't matter. And, such successful history of mgmt. from WWCD (who took over GBDX, that have been successful)over and over again. I believe it will matter real quick with certs received by early next week show over 100M+ shares cancelled, with more to come. If mgmt. was bs diluting, why then incur cost of $440K -(last reduction of 88M sh. @ avg. .005 sh.)to promote value in pps?
Shows to me mgmt. is taking some of profits and being proactive in reducing from said profits.
The Level II showed MM's walking pps down all day with higher bids being passed over so many times creating "worry" in small traders. Especially after initial pps rise to .0085.
MM's took control about 11:20 am, and worked pps down. Once that occurred, small traders got scared and sold along with traders who bought a few days ago at .004-5 and sold for quick minimal profit. No increased volume sustained the pps increase and pps closed at basically same pps as day before.
Notice the huge increase in volume a few days ago @ .004-5, closing positive. These are the same traders selling off yesterday for a 80-100% gain. IN/OUT that's how they are taught to trade with their big $450 invested. Nothing wrong with that % profit short term. What is frustrating to me is without any hype or knowledge from the top boards and posters, a strong stock like GBDX doesn't rocket the way it should. Think. Dilution?, Shorts? Even with huge volume today, stock pps action based on small traders taught to buy on rumor, sell on news bs. At avg. 0065 sell, that equals only +-$90K value to co if trying to dilute. Why try to dilute for just $90K, while announcing reduction of shares and further reduction to follow over next few weeks. Most trades were 40K,50K share totals, minor. Yesterdays action is indicative of the pink/OTC market. Amazing how with such small O/S count and $1.5 to $2M a month in revenue small traders miss the important issue of "real worth" of GBDX based not on bs hype, but on revenue/O/S count.
So many posts w/GBDX of "Why with good news, or must be dilution."... Once certs come in and the numbers show much larger than 105M shares cancelled estimated, do the math. +-$2M mth in revenue and with reduced O/S count down to likely 200M, WOW.
Best regards to all!
Just the facts.
Not a buy or sell recommendation. My opinion only.
Mentality of small traders is get out with news and chase the next hyped bs trade. Typical in the pink/OTC market. Smart $ sees GBDX now as buy oppty prior to next weeks News on certs received and reduction in share count confirmed.
The answer is add. share reduction impacting the pps upside
to continue with real/strong revenue.
Mgmt. of GBDX has continued to respond in a strong positive way with any bs negative (MM crap) play to keep pps down, only short term for accumulation.
So many times MM's have walked down the pps on taking trades well below the current bid; thus initiating a downturn in pps.
The revenue of this co. compared to pps is sick. Most importantly, again, is proactive response from mgmt. to its shareholders to try and protect share value. Not many pinks mgmt. steps up and reduces share count, goes after shorts, and immed. after merger, JV's with top industry co.s to increase profit margins.
Again, what pink with only 350M O/S has +- $25M annual revenue, continues to reduce share count (more to come next few weeks), initiates JV to control and increase profit margins, and has such direct control over its product as GBDX.
Real revenue is King, and with such small share count, huge upside. Its not my view, or my hype, its fact. And, recently, can see it in the larger block trades to accumulate this stock.
Best Regards
Not a buy or sell recommendation. My opinion only.
Facts don't lie! Once GBDX annc. retiring/reduction in share count, MM's shorting scrambled to cover and buy up shares at lowest price possible. 36M shares traded wed. 10X normal volume.
So transparent. The key is real revenue and small O/S, and float comparitive. With shorts/naked shorts covering with such small share count, pps upside multiplies greatly. That's why so many traders look for stocks w/ small share count for explosive upside in pps potential.
Perfect example of shorts/naked shorts working the pps down last few weeks UNTIL they can no longer do so. With a company that has real revenue of millions per month; and only small O/S count/float comparitive to this large revenue, wow.
Squeezzzzzzeeee with share reduction.
PPS upside will be based on strong hands not selling too cheaply, forcing shorts to pay more and more to cover position.
Other posts stated correctly, .20+ pps value on revenue multiples combined w/short covering.
Best Regards
Not a buy or sell recommendation. My opinion only.
It's all relative. If increase in shares is used to grow a
company; buying inventory, possible JV allotment, set up offices, etc. which equals value, then possibly ok. The "D" word is negative because most pinks are bs and dilute to line pockets, not grow the company. If supposed dilution was bs, mgmt. would have increased float to 2-3 times current at time of merger, when pps went to .07 on volume. At the pps this stock is trading at, yes, it takes increase in float and O/S to pay for the first 2 shipments of diamond inventory.
Yes, the float and O/S count has increased from merger date. Where do you think the $ would come from to buy the first 2 shipments of over 1600 carats; or open the offices. IMHO, additional shares also went to the JV. Better to have the JV partners own a % of the co. as compensation for participation.
Again, its all relative to revenue divided by share count. If revenue is estimated at $2m or more per month from diamond sales, and the float and O/S count is only at current levels (regardless if an increase occurred), then the pps upside potential is valid.
The pps has declined because the increase in share count was not equaled or bettered w/ additional buyer volume. Does not mean co. is invalid or "D" word is happening to line pockets.
However, IMHO, still believe GBDX does have the real revenue happening that will equal pps well over .07 shortterm. Again, its total share count divided by revenue. W/ est. $24M a year in revenue, and only 480M O/S, a strong stock play.
Yes, shorts/naked short positions are evident thru MM's daily activity of walking the pps down; and passing on higher bids.
Many times (like AWYB), buyins.net, others do not show any short position w/ a stock that truly has one. Naked shorts will never show up regardless.
With that, it would be smart for mgmt. to issue PR stating no more dilution, revenue estimates nearterm and thru 07', and finalization of JV, which is strong.
Best Regards. Not a buy or sell recommendation. My opinion only.
Good Morning Ronnie- You know why!
So obvious. History of posts shows agenda.
Regardless of general basher bs, pleased w/GBDX being proactive in releasing PR's that address issues of concern to shareholders and relate to pps strength.
It's simple math, not conjecture. 400M+-O/S / 120M+-float and now reduced A/S to only 900M+-; with $18-29M annual revenue to start = .06+ pps. This figure is w/o including the 5-10X multiple normally applied; which would =.30+ pps.
I still hold to my opinion from past experience w/former mgmt. of WWCD of successful mergers and strong ramp up of revenue and pps nearterm. When merged w/ WWCD, mgmt.increased revenue, got FDA approval for dist. of produce segment; and sold it for $2M+ cash profit. As shareholder, made excellent return from it. Now, former mgmt. of WWCD merged w/GBDX to do same. Generalities from posters on bs dilution, whatifs w/preferred share position, etc. not apply w/GBDX. Plus, the JV is so huge and not too many get it.
Yes, if smart, traders should have played pps up/down w/flippers and chart/tech indicators to make $. But, does not take away from potential large gains now at this level w/such small share count and real revenue potential nearterm. IMHO, largest gains come from playing both shortterm direction for inherent gain, AND big hit from real strength created from revenue/small share count.
Best Regards
Not a buy or sell recommendation. My opinion only.
And co. working to increase/merit pps value by addressing
concerns immediately w/ reduction in A/S count, no dilution, possible reduction in O/S.
Proactive response from mgmt. to address and qualify issues concerning shareholders. Plus, as you have stated, +-$10-14M NET, that's net profit annual w/only 400M O/S currently.
Again, many do not acknowledge that former mgmt. of WWCD did not merge w/GBDX to play bs dilution games, or waste time w/bs PR's to inflate pps. If you look at past success of former mgmt. of WWCD, they merge to exploit explosive growth potential in a specific market via a co. that exists in that market. GBDX provides that conduit w/new change in russian law of increase in % of rough cut diamonds, and existing contracts GBDX had with top russian cutters/exporters. Then, to top it off, went after a huge JV with/Olympus,Smolensk, etc.
A pink w/real large revenue, JV to strengthen position, and now proactive in reducing A/S, O/S and no dilution. Wow.
Can't wait to hear the bs bashers respond to me on this post.
Best Regards
Not a buy or sell recommendation. My opinion only.
W/reducing A/S, GBDX working to confirm w/traders who are
concerned that co. is real; and willing to continue positive effort to strengthen value by doing so.
Yes, also frustrated w/pps drop shorterm. However, O/S and float have not increased since late Nov.; and now GBDX basically does what traders request to calm whatifs by reducing A/S count huge.
Still reading posts of massive dilution as reason why pps drop shortterm. +-320M to +-400M O/S from merger with float still @ 120M+- shares is not massive dilution. And, company now reduces A/S count to only 900M from 7Billion!
I still go back to why WWCD merged w/GBDX in the first place. Past history of mgmt. of WWCD does not just merge to needlessly dilute 100's millions of shares to milk shareholders. They merge, build a co., and make large revenue/cash gains w/minimum share increase. If bs dilution would have occured, why didn't it happen initially at merger when pps went to .07? O/S count @ merger and weeks thereafter was basically +-328-359M shares.
IMHO, still believe $14-20M annual revenue is real, and first 2 shipments are sold, and +-$3M revenue from initial 2 shipments is valid. Strong JV was recognized on 2 reputable diamond industry websites as well.
Best Regards
Not a buy or sell recommendation. My opinion only.
GBDX-Agreed watch w/huge reduction in A/S
Still total O/S @ only 400M+-, w/ float @ only 120M+-.
With projected revenue of $12-18M annual.
Best Regards
Not a buy or sell recommendation. My opinion only.
How about a correct spelling-Smolensk
Smolensk Brilliants Association to be exact. Is consortium of 8 diamond cutting facilities in Smolensk. Smolensk Govt. facility, known as "Krystal". Part of russian federation. Does business w/Alrosa, others. I guess JV confirmation-GBDX on diamond industry websites is not factual either? Yeah, right.
"Oh the song of the truly desperate". So much negative wasted effort. Can't wait for the next level of bashing, as pps increases.
Best Regards to all. Not a buy or sell recommendation. My opinion only.
QBIT-Scottrade/Atrade now restricting-runner!
Buys restricted-short/naked short position issues. Real total O/S not jiving w/much larger total traded nearterm.
Updated Nobo list pending.
Conversion/F/S will only add to catalyst of large run.
MOMO posted it right, "A monster in the making"
Best Regards
Not a buy or sell recommendation. My opinion only.
Correct! Know who/what that poster is. Needs to work on not being so transparent though, and execute better posts to try and f@#K w/weakhands. Alias born 4 days ago on 11/28. I'm even more excited about nearterm pps rally now that paid bashers are visiting. Must be big concern of pps increase nearterm to somebody w/35 negative posts in 4-5 days.
Yes, also rcvd. confirmation of "Diamond Certificate" JV, consisting of Smolensk, Olympus, 1 of largest russian banks, etc. is real.
2 independent diamond industry websites also confirmed and posted info on it.
I will not post directly to the loser because they are paid per response back.
Best Regards
Not a buy or sell recommendation. My opinion only.