Global Diamond Exchange, Inc. (GBDX)

[texas tom]

The Dodge group would probably not have the collateral to naked short sell nearly 2 billion shares of GBDX. However, the short selling was done if Dodge was acting as agent for a large investment bank or hedge fund. This was my first thoughts when Dodge informed me what his group was doing to GBDX. Also, how the short selling was being done.

The biggest problem I see here is determining the genuine shares from counterfeit shares. This may be what is holding up the merger/takeover of GBDX.