CMKM Diamonds Inc. (fka CMKX)

[Ray Clarkston]

I agree derf.

Yesterday was a perfect example of the value of L2. When the jv partners' pr came out, it took, what seemed like, an eternity for the market to react. The bid held strong just long enough for people to react if they were paying attention and prepared. Just as the bid @ .0009 started to thin, which you wouldn't see without L2, I entered a sell with Ameritrade for 2.5 Million shares @ .0009 just to get my intitial investment back in my pocket. The trade took less than 3 minutes to execute, but by the time it executed, the .0009 bid was almost gone.

So, yes, I too am guilty of selling shares on the drop, but only to cover my investment. The rest will ride free until it makes sense to dump them.