Replies to post #23709 on Global Diamond Exchange, Inc. (GBDX)

[MSEED]

Ronnie, thks for reply. Good to hear co. addressing
short position. As you know, still strong on GBDX w/3M+sh
w/no loss, but frustrated that stock w/such potential is still played by MM's.

Ex.-days ago with start of strong upturn in pps., many large buys @ 500K, 690K, 1.1M share count-.007-.0075. IMHO, key indicator of possible strength/interest from (not bs small traders 30-50K sh.). Why? Confirmation of reduction in share count w/cancelled certs pending. These larger traders know that only 380M O/S/ 138M float and $18M annual revenue=.05+ pps value net. 7X what pps was trading @ when they bought .007+-.

Then, pps dropped to current level. Why? Upon minor pps increase to .007+, majority of small/ignorant traders w/50K shares bailed. No confidence. Negated all larger real buys and MM's worked these weak hands down and down. Such bs.
Perfect example of smart large traders coming in knowing real potential, but larger bs small trader level bailing w/no confidence.

I still hold 3M+sh and know GBDX has base value pps of .05+.
But mgmt. must know and act accord. to curtail MM's bs of weak hands by following thru on info that substantiates value to more strong traders, and comforts smaller trader to hold position. THIS is what continues pps strength regardless of MM/short bs.

If you have access to mgmt., key is to PR- recvd certs and cancellation; redcution in O/S, no increase in float, and continued reduction in O/S. Plus add. reduction coming and positive update on JV. Cancellation of certs will handle any short bs.

Best Regards
Not a buy or sell recommendation. My opinion only.