Replies to post #42983 on Global Diamond Exchange, Inc. (GBDX)

[waggett]

Possibly because they're own management doesn't show they have faith in the Company. Case in point: They're on record as saying the Company is worth $3 a share, but they'll entertain an offer of .68 - then someone offered .32 and I think and they said "well, that's not enough but maybe we'll go for .55". I could be off by a couple of cents but the message is clear. They are marketing an unproven technology which is the foundation of their business plan, they know it as does everyone else.

GBDX is an entirely different animal. Selling diamonds is not rocket science. They have access to the commodity, the unlimited export license and the proven ability to get customers and make sales. This one's for real.

[davidam]

I see it moved a little. There is nothing definitive there I guess shareholders are hesitant to stick a great deal of money in because if the deal isnt accepted the stock could crash. Similar here to GBDX in a sense. Shareholders believe if the deal fell through the short term would be miserable and doubly GBDX never mentioned a price ..yet!
These guys at gbdx could drop a bomb record date, pay date, and price. That would end the manipulation and or shorting instantly