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Wednesday, 03/21/2007 7:14:29 AM

Wednesday, March 21, 2007 7:14:29 AM

Post# of 648882
Dodge reports current Pick for the week GBDX

Current Pick for the week of 02/26/07 http://dodgestockreports.com/

Global Diamond Exchange Inc: (GBDX) .005 and traded
on the pink sheets ~ This company is in the diamond
import and retail business. The volume and price spike
tells us some kind of positive fundamental news may be
coming. We took a position in the stock in the low to
mid .004s. Rumors are flying this weekend.


Update 03/20/07

GBDX has been a good trader since the stock was put
on the DSR pick list at .005 on 02/26/07 reaching a high
of .014 from our entry. We are long again in the low to
mid .004s on our own research and the continued
rumors of positive developments that may rocket the
stock far past rccent new highs any day.

Through a contact in New York City, we found out
yesterday that an eight hundred square foot rental
space in the building at 2 West 46th Street on the 7th
floor had been renovated for occupancy by Diamond
Global Exchange. The sign is on the door, Suite 704.
The phone lines were installed this past Monday. The
space has been paid in advance for three months. The
lease on the suite is a five year lease. All but two spaces
in the building are in the wholesale/retail diamond and
jewelry business. We were told that the old occupants
were delayed with vacating the suite which had held up
GBDX from occupying the space sooner. We were told
the suite was specially renovated and includes a
kitchen. The company has ongoing operations in a
building two blocks away from 2 West 46th Street and
will move this week into the new suite. Our
understanding is that the main person from GBDX
travels a great deal and is very well respected in the
worldwide diamond and jewelry business.

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