Replies to post #10095 on Global Diamond Exchange, Inc. (GBDX)

[Stock Lobster]

Many of us are holding on here until the store opening.

It's true the stock traded at .05,.04 and .03, and I added at those PPS as well.

Some might have recommended selling at the 10-15% down level.

But having failed to do that, the strategy, it would seem, is to hold tight, and wait for revenue and earnings to be posted on the website. This is due to happen during the same week as the store opening.

In the meantime, caught in this bind, I am glad we are not looking at the .013 levels that seemed imminent a few days back.

.016-.018 is the current level.

It is still my belief, and that of a few on this board, that within about ten days, these prices will seem incredible.

So, "up" is a matter of perspective...compared to a few days back, yes. Compared to the post ticker-change days, no.

[Starnes]

To add to SL's post which I agree with:

Technically it has bounced off .016 and is currently holding nicely. (Some accumulation going on with very little selling at the bottom.) Bullish indicator to see volume dip a bit now at the low for consolidation. Aroon indicator shows text book consolidation pattern. MACD is turning up and at present rate should turn in 3-7 days ETA. Penny ta's post msg # 35487 really paints the picture very nicely.

Another thing to consider is running stocks like ETIM are sucking some dollars from the penny arena. Good thing about that is many people (like Stock Lobster) are ( in ETIM) making some great cash to move here when the time is right.