Replies to post #76019 on Global Diamond Exchange, Inc. (GBDX)

[astronomade]

Very ugly yes.

Make no sense for Almaz to dump big at this level.

Something else is going on....

IMHO it's a strategy to scare the last longs who refuse to sell.

[thelonghaul]

Not a chance spec. 90 million share "dump" and a green candle yesterday and you say that's all because of dilution? Even if they chose to dilute (contrary to their PRs) there is no way 500 million extra shares could create that type of trading (the pps was moving quickly just a couple weeks ago).

Also, you've gotta ask yourself the old GBDX dilution question: Why no PRs????????