CMKM Diamonds Inc (fka CMKX)

[jalexand42]

TSX: I've always considered the money I invested here potentially invested in a scam and a potential total loss.

I really could care less about the history of Urban being a more technical / fundamental trader.

The things that stick in my mind:

1. The attorney. No way in heck does he come on board without a major reason. Attorneys do not just represent someone for cash, especially attorneys like Roger Glenn.

2. The behavior of the MM's. I cannot think of another explanation. I do not believe that Jeff would sit alone on the ask if he was purely nake shorting. Nor do I believe he would do that if he were dumping shares for the company. If that was the case, who he heck is doing the buying? No way do I believe that retail investors put around $5 million into this company yesterday. NO WAY. Someone big is buying these shares and generating this volume.

Those #2 are why I've held and have added to my position in the last week.