Replies to post #20045 on Global Diamond Exchange, Inc. (GBDX)

[mwright45]

well i think everyone is happy about it because it's about the first step in making the pps go up and that the company actually does care about it

[drying paint]

I think that you are wrong about S/A. S/A does not get a lot of attention on the boards simply because in most cases, it changes very rarely. Traders know what the # is. S/O and float are in continual flux and more closly represent the week to week, month to month situation and therfore are the imediate concern of traders. A very large S/A # does represent a negative potential overhang to traders regardless of the fact that the company can change it when ever they want. And for that reason, a pennystocks shareprice will invariably tank when a BOD annonces a large (if not any) increase in S/A. Don't try and paint the reduction by 6 billion in S/A as a non-event.

[RonnieD]

because many had concerns with the old 7 billion a/s.

it seems the concerns you have will never be alleviated.

why are you here.
we've dealt with truthdetector and fung_derf. things happen in threes you know.