Blue Diamond Ventures Inc (BLDV)

[tycoonbull]

On July 14 the price dipped to .0014 before ultimately rebounding to hit .0030.

Can you find a reason why this stock would collapse? I can't. There hasn't been any actual bad news; but, as we know with penny stocks, sometimes no news can be seen as bad news because people get impatient.

I'm also assuming some people are nervously selling ahead of the upcoming earnings report. (Maybe they think BLDV is losing money?)

But personally I think the report will be much like the last ER, since AMS is not yet up and running and bringing in the millions in revenue, so this really is not the catalyst longs are waiting on... the day to day news means nothing compared to what will happen when BLDV secures funding for AMS.

So I'm loading up for the long haul. Every time this stock dips to 15-20, I keep adding to my position. I've got over 5M shares (and adding more each week) and won't be selling until after funding is secured.

Go BLDV! :)