This is my first post and could be my last; however, I wanted to express my opinion as to what i THINK is transpiring with this stock. I am not a professional investor but I am a CPA and have some common sense. My brother in law turned me on to this stock about three months ago when it was at .0001 and I waited to long and got in at .0006 "BUMMER" I have been reading posts from this board ever since. For the last several months, all I hear from the guys who believe in this stock is that this stock is being naked shorted and they are sitting on tons of diamonds. Well I believe they have the land and certainly the potential to finds diamonds, but not yet. I firmly believe, "my own opinion Mariner", this stock is being naked shorted and has been for a long time. What we are seeing now with UC anf Roger has been in the works for a long time.
The announcement of the dividend proves the short theory to me, why else would UCAD's stock jump a $1 in a day and the volume increase as it has. The MMs have to buy UCAD to cover the dividend because there will be far more CMKX shares requiring this dividends that what I think will be the actual float. Which is what most of you have been saying. Also, what happens with the CMI stock? If I am not mistaken, CMI is not publicly traded. So how will the MM cover here and at what price? Diamonds will be next on the agenda, but I can see why UC has taken this route first. I know that I am not selling and will buy more as soon as that seven day e-trade rule is up.
I could be completely way off base but I think the CMI dividend is the most important piece of the puzzle here.