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Tuesday, June 10, 2008 11:29:21 AM
FTD is a fail to deliver shares. Usually on average show up in 56 days but can take longer, even years. Hence you can see why flippers need you buying and selling often.
I wonder if the two timelines are related?
Now in the past when BLDV was heavily accumulated by retails a press release came out driving down the BLDV stock.
Belmopan - 03 May, 2006. was one such campaign where there have been NO meetings or negotiations held between the Government of Belize with Blue Diamond Ventures, Inc. to date, regarding their proposed investments, concessions, or tax holidays.
http://www.governmentofbelize.gov.bz/press_release_details.php?pr_id=3861
Retails get hammered into the dirt and later on you find...
Moaning is meeting with Lourdes Smith, Executive Chairman of Belize Trade and Investment Development Service (Beltraide), and, thereafter, will arrange to meet with Mark Espat, Minister of National Development and Culture, to further discuss details of Blue Diamond's relationship with Belize. Meetings will conclude with Moaning leading a press conference on the future of Blue Diamond in Belize, including Blue Diamond's short range and future economic impact with the biofuels and agriculture projects.
http://findarticles.com/p/articles/mi_pwwi/is_200605/ai_n16349855
So all I know is BLDV shareholders should be prepared for misinformation, accumulate on lows and hold LONG for higher returns, that or find other investments. Thats why I always keep extra CASH on hand and have a diversified basket of stocks to own. But I do see potential in BLDV, even if it was RegSho or heads there someday.
Iomega is an example of a company naked shorted and it really popped when the buying occurred.
Slide 62
http://www.businessjive.com/
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