Global Diamond Exchange, Inc. (GBDX)

[zahnj]

I have to admit I do take it as a positive that the SEC has not halted GBDX. They did do an investigation of Turino, evidently asked for paperwork from GBDX on other matters and the stock is still trading. SEC investigations can indeed be lengthy. This one has gone on at least since the summer if not before that. But if there was any evidence of fraud regarding business operations, inventory or the tender offer I think the SEC would have simply GBDX. They didn't.