Blue Diamond Ventures Inc (BLDV)

[Gemma]

It's traded 700MM shares because:
A. Boiler rooms and pumpers keep interest in the stock alive with the possibility of a breakout coming.

B. People are unloading trying to recoup some of their investment and moving on to other stocks.

C. The company has put out fluff to garner interest in the stock that gives hope to making a quick profit.

Even with the trade amount you mention, the amount of money traded is not very large (approx. $12,000 a day). That amount indicates that serious investors are not noticing BLDV.

I'm still optimistic that the clowns running the company can somehow find a way to make money, but so far their results are pretty dismal. When they can't even file a simple quarterly return for a company that has little to nothing to report that pretty much tells the whole story.