I just feel that the nature of this stock is either A) to sit around until diamonds are hit and then the stock will sky rocket, B) ride on investors emotions (hence a rally) because of the chance to own a diamond stock for pennies (literally), or C) eventually dwindle down to nothing (aka zero value).
Obviously those 3 options are quite vague and can be applied to almost any stock...
If enough talk stirs about the move off the pink sheets (with some sort of factual backing which I believe we already have after Walter took the first steps towards moving off the pink sheets), that alone could set a nice rally. There might be some requirement needed (I have no idea of the rules- there might be a need to sustain a certain PPS or cross a certain PPS number to become eligible?) that would encourage such a rally.
Other than the idea of moving off the pink sheets, the fundemental concept that this stock is a DIAMOND mining stock is enough to promote pump and dumps.
I really can't give you specifics more than what I have typed above, but I have this gut feeling that we could have a run up (most of the time my gut is correct, I can't tell you why but it is when investing). I don't think we are talking of a runup of a few hundred percent. But I don't think a run up from our level (5 and a half cents) to 7 or 8 cents is not out of the question.
I would love for a pump and dump to 20 cents, don't get me wrong...I will cash out and buy back in after the dump (pocketing that extra money for my schooling).
I would have replied to you privately but I am not a premium member.
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