Blue Diamond Ventures Inc (BLDV)

[quixopixs]

News? BLDV doesnt need news.

Geez I took a long weekend off and tuesday as well. Never even checked the markets and I see the stocks been still trending upwards from a few weeks ago. Doesnt seem to take much buying either for it to move up.

Everyone thinks this stock needs news to bust out of 1 or 2 cent land and I tend to disagree with that philosophy. At a penny a million shares is 10K. The amount of shares is limited, so this play is cheap to accumulate. Only problem is float seems to be low now so it doesnt take much buying for it to move up

So every new investor adding 100K or 1 million shares, eats into that total available.

I remember adding 300K on the lows and it wasnt long afterwards that the short count posted a 1.3 million total. In other words, someone printed those shares and expected me or someone else to sell them for less. My buy just happened to be the 0.3 of that total in shorts. So remember that a short doesnt actually create new shares, eventually they have to cover and if no one is selling, then they have to buy the shares up

What ever happened to NYC whatever and "in it for kids" all those doomngloomsayers? There probably always is a shorter entering the market which the institutions snap up. After all I bet all those shorts who saw the short count get reduced saw it as an entry point again, but that hasnt been the case. Just a second wave thats helped move BLDV up further.

This stock has been 13 cents and its also been $3.25 before. So what makes you think we need news at 1 cent?