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Re: KingDiamond post# 20156

Tuesday, 07/20/2004 6:52:51 PM

Tuesday, July 20, 2004 6:52:51 PM

Post# of 29858
King- read my early posts and you will find out why I looked at NSDM... Risk % of portfolio and thoughts of buying 1-2 mill shares low and riding it for say a .20-.50 gain to make a few hundred thousand. Concept made sense when NSDM website and this site stated outstanding of 40 mill shares (not the 600 mill+).. Obviously it appeared that this could have been a valuation of say .50 (what the current pps would be if the outstanding was that).. Then, I would have made .40-.44 pps gain average on 1-2 mill shares - do the math: Half a mill for a risk portion of my portfolio.

Always stated that. Goal was to sell some and then hold portion for big gains as Diamonds came out of the ground. (looked that way from Ukraine.. then they dropped it and PR did not move it when they supposedly found many micro and macro diamonds there..); Extra tranche was the last straw to sell out and take loss..

A bit disgruntled at losing thousands of dollars on it (but understood it was risk portion of portfolio) so I hate the continued BS and pumping on here and jump in to set the record straight for would be new investors- yes potential if find and at right entry price remains (however, limited)so I monitor and probe but wont stand for bs pumps in the meantime.

Isnt that what these boards are for- and you as a moderator should understand that (and have a dialogue - not a pumping monologue).