Global Diamond Exchange, Inc. (GBDX)

[texas tom]

Do you know who is doing the buying? It looks like in excess of 125 million NSS were created over the past 5 trading sessions do to the imbalance between buys and sells. If so, this will give us about 700 million shorts in GBDX. The only way the shorts can come out of this would be if the market makers stopped all buying in GBDX. I saw the same thing happen twice with Pearl Asian Mining. A short squeeze which run the stock up by over 70 times in a few short weeks on one occasion. The bashing has started getting nastier. I think your estimates are overly conservative.