Global Diamond Exchange, Inc. (GBDX)

[MSEED]

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.