This is topic GBDX Diamond Exch OPENS NOV 1! in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by Neptunetrader94 on :
 
GBDX - Global Diamond Exchange

This is getting big attention on ihub/hsm.

Apparently, they're returning (after a long time of closing down) to the Manhattan Diamond District. The location is set to open November 1 (today) to get in on the holiday season. It is expected that opening will be very bullish. The first diamond shipment comes in Nov 3 (this Friday). IMO a very interesting week ahead.

The chart looks great-building above average buying volume. See it for yourself at stockcharts.com
 
Posted by Neptunetrader94 on :
 
 -
 
Posted by howgood on :
 
I agree should be a good week.. chart looks great
 
Posted by Neptunetrader94 on :
 
!

Positive open
 
Posted by The Dalai Lama on :
 
Positive open? It's down .004...
 
Posted by Neptunetrader94 on :
 
It was up .02 when I posted. Word is PR will be out "soon". Whether that means soon today or soon this/next week is unknown. Apparently, they are open today.
 
Posted by The Dalai Lama on :
 
Yeah, it supposed to jump today. And keep climbing in the months to come. *Prays*
 
Posted by thesource on :
 
I've been red in this stock since i got in it . I sure hope it turns around and makes me some cash soon .
 
Posted by The Dalai Lama on :
 
Global Diamond Exchange Wholesale Office Opens Next Week in Time for Arrival of First Diamond Shipment

NEW YORK, NY, Nov 01, 2006 (MARKET WIRE via COMTEX) -- Global Diamond Exchange (PINKSHEETS: GBDX) is pleased to announce that it expects its sales office, located in the New York City Diamond District, to be fully operational the week of November 6, 2006. This will coincide with the arrival of the first shipment of diamonds that has already left Russia and is also expected to be here next week.

The company, with its office on 2 West 46th Street in New York City, already has purchase orders for the first shipment in place. Due to increased demand from clients the first order was increased to include smaller stones in the 0.33 ct to 0.99 ct range. Initially, only stones of 1.0 ct and up were to be cut and shipped. The office was scheduled to be opened on November 1st, however, with the increased order; the first shipment was delayed 2 to 3 days to accommodate the additional inventory. Global decided to wait and open the wholesale office at the same time the inventory arrives.

By achieving its initial goal of setting up a wholesale operation and having an inventory to move, Global is in prime position to take full advantage of its location in mid-town Manhattan and the fast approaching, always lucrative, Holiday season.

About Global Diamond Exchange:

Global Diamond Exchange originally opened its office on 2 West 46th street in the heart of the 'New York's Diamond District.' After several years of operation at its New York office the company decided to shut down the operation due to low pricing and soft demand in North America. The company concentrated its efforts on exporting cut diamonds from the Russian Federation and European locations. The new company has reopened its sales offices in the original building ready to take on the increased demand for fine quality diamonds.

NOTE: Safe Harbor for Forward-Looking Statements.

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.


What the hell is wrong with this stock? They just released that news today and the price is falling? Someone explain this to me, please!
 
Posted by JTLA310 on :
 
It's falling because a lot of people expected a PR with revenues and estimates, not a PR stating they're delaying their store opening (which I don't think is a bad thing if you read as to why they're delaying the opening).
 
Posted by thesource on :
 
This stock has been a thorn in my butt . I wish something would fire it off so I could atleast see some green even if its for just a little while .
 
Posted by The Dalai Lama on :
 
A lot of people are saying it's going to be huge in the coming months. Then again, everyone is a pumper when it concerns their money. =p
 
Posted by JTLA310 on :
 
thesource-

Agreed. Got in a couple weeks ago at .027, just got back to even yesterday and then bam took me back down today.
 
Posted by JerZeyDeViL on :
 
This is gonna be a huge play over the next couple months.....especially next week. Load up while its low IMO. We all saw how it moved over the past couple days with the anticipation of the store opening today....well it didn't open today and the reason is because they've had orders already placed which were so large that they had to add more to their initial shipment! Thats huge news, and come the end of this week/beginning of next week we'll see this baby take off like it started doing the past couple days. I'm really liking this one!
 
Posted by JerZeyDeViL on :
 
This thing is exploding over on IHUB. Too much too explain, but all types of talks about this company making $300-500 in sales this year. That's HUGE...and you can find the info in the source code on the company website....here's a post from over there:


Posted by: whatshisname
In reply to: Buddhaman who wrote msg# 12578 Date:11/1/2006 3:40:59 PM
Post #of 12670

Source code answers. Read on:

Yes you can see the information in the source code. For those who code web pages you'll recognize that these items as notations by the programmer when coding the webpage. The notations typically discuss parts of the code, what the code does and how it works. In this case the notations expand on a concept discussed in the web page.

You can't see the items by viewing the web page. You can only see them when you view the source code. If you look at the source code from within FireFox you'll see the notations in green. The code before and after the phrases prohibit then from being on seen on the web page. Only the coder can see them. You can view the source code from your web browser to see them as well.

In the Global Diamond Website there are two programmer notations. I’ve listed the text and the pages they can be viewed at:

FROM THE ABOUT PAGE the following notation is found:
"The company has been exporting cut diamonds for over 17 years, strictly on the wholesale level to major distributors around the world. Wholesale sales figures have averaged over 300 million USD for numerous years. Global Diamond has served the needs of clients around the world by providing diamonds of exquisite quality and workmanship. Russian diamond cutters are considered the most skilled craftsman in the world."

FROM ALL PAGES the following notation is found:
"Global Diamond Exchange exports cut and rough diamonds from Russia been in business since 1988." and last year did $500 million in exports.

This last one is very interesting. This portion is viewable on the web page: "Global Diamond Exchange exports cut and rough diamonds from russia been in business since 1988" and is immediately followed by this: and last year did $500 million in exports.

Interpret as you see fit.
 
Posted by JerZeyDeViL on :
 
Posted by: TAKI
In reply to: None Date:11/1/2006 2:15:48 PM
Post #of 12671

GBDX okay some numbers here.Let us say they have 300 million $
in revenues for this coming year,and from that let us say they only in the worst senario make 1/4 in profits=75$M crispy
Now 350 million O/S.75$million divide by 350 million=.214 per share earnings at a 20 PE=4.28 Stock price.At 10 times earnings
=2.14 stock price.So are we undervalue or what?lol.
Even if they made 3,5 M $ million for the whole year divide by 350 million=.01 earnings per share at PE of 20=.20 PPs,and at PE of 10=.10 PPS.Stock is exremely undervalue Imo.
 
Posted by JerZeyDeViL on :
 
Can we say HUGE!!!!!
 
Posted by The Phat Man on :
 
i think in all the time i've spent on message boards i've never ONCE seen any of the PPS speculative evaluations EVER EVER EVER come true. closest any ever got was with FHAL/CSHD and look where that is now... in the legal sh!thouse and untradeable.
i'd like to see it happen, but as for now REALITY says that the "play" is in a healthy-breathing, downward trend.
iHub can be good for some things, but generally it's a speculator's, pumping paradise over there. if this play actually hits $2, i will personally pay for all your stock trades for the year.
i'll be happy if it hits .10 (even .05)... wouldn't you?
i was in this play at around .01 when it was WWCD and the day it took that HUGE leap upon ticker/cusip change, i sold all at around .05 and i was happy. then rebought last week at .017 and definitely should have sold all yesterday with such high volume and such little fluctuation. not exactly sure why i didn't as it's not in my nature on most occassions. so, now, its either sell first thing in the morning unless there's a gap up OR wait for another round of consolidation (10/16 thru 10/26) and hope for an uptick. gotta be smart about taking profits.
 
Posted by stocktrader22 on :
 
quote:
Originally posted by The Phat Man:
i think in all the time i've spent on message boards i've never ONCE seen any of the PPS speculative evaluations EVER EVER EVER come true. closest any ever got was with FHAL/CSHD and look where that is now... in the legal sh!thouse and untradeable.
i'd like to see it happen, but as for now REALITY says that the "play" is in a healthy-breathing, downward trend.
iHub can be good for some things, but generally it's a speculator's, pumping paradise over there. if this play actually hits $2, i will personally pay for all your stock trades for the year.
i'll be happy if it hits .10 (even .05)... wouldn't you?
i was in this play at around .01 when it was WWCD and the day it took that HUGE leap upon ticker/cusip change, i sold all at around .05 and i was happy. then rebought last week at .017 and definitely should have sold all yesterday with such high volume and such little fluctuation. not exactly sure why i didn't as it's not in my nature on most occassions. so, now, its either sell first thing in the morning unless there's a gap up OR wait for another round of consolidation (10/16 thru 10/26) and hope for an uptick. gotta be smart about taking profits.

Why sell now? Did you watch EOD?

This is going to be a good play with any type of revenue numbers from the company
 
Posted by The Phat Man on :
 
i didn't sell. and, yes, of course i watched EOD. like i said, if it doesn't gap and show some serious momo tomorrow i might sell all and run with 20%. this play is nearly 100% spec right now and moving on momo and spec alone. just my own strategy i suppose. 'a bird in the hand is better than two in the bush'
 
Posted by JerZeyDeViL on :
 
Not sure why you feel its 100% spec? The company is keeping us updated, they are opening their doors next week with orders already in place, if you do the research you'll find that past years revenues are ridiculously high, its been verified that they have leased the building where they stated they will be located, and the O/S and float haven't changed...The O/S is still only around 350 million with a float around 75 million which is a nice number. Chart looks nice and with the store opening next week in a terrific location in New York and the holiday season approaching....theres tons of potential here IMO...guess we;ll have to wait and see but I think you'd be crazy to sell at this level.
 
Posted by The Phat Man on :
 
jerzey... i was commenting on the spec of revs, their ability to distribute the cuts, to whom, etc. i mean really, just cuz you order some diamonds doesn't mean there's gonna immediately be buyers for them and just cuz it's the holidays. as far as my 'selling/buying', that's my own thing and my own trading guidelines. again, i'm not in the habit of giving up 20% to 30% even if everyone in pinkieland is telling me that it's gonna give me 100%. it just doesn't make sense to me to rely on speculation when i've got a grand staring me in the face. i'd rather chase it if/when the momo is HOT HOT HOT with money in the bank, than i would wait in hopes of making more the next day. for me, that just seems silly.
i live in omaha, NE and if you know anything about diamonds you'll know that we have an outlet here called Borsheims (http://shop.borsheims.com/Borsheims/Default.aspx) which is considered one of the finest jewlery and diamond outfits in the world (literally, in the world). i called my friend who is senior vp of sales there and asked him if they did business with GBDX and/or if he'd ever heard of them and he answered 'no' on both accounts. so, again, momo is key, news trumps all, but i gotta stay in reality and take the money when it's staring me in the face.
 
Posted by knowmoney on :
 
My question is how did a former fish retailer get into the diamond business? and where did they get the capital to fund this? Diamonds are not cheep!
 
Posted by JerZeyDeViL on :
 
Oh i misunderstood ya. When you stated this play is 100% spec right now, I thought you meant this play was 100% spec right now.....didn't realize you were referring to the revs. And everyone plays their own way....theres definately nothing wrong with taking profit...thats the name of the game! I just feel at the very least this is a double from here short term and very possibally alot more so I'm gonna stick around for awhile. Good luck to ya in whatever you decide to do!
 
Posted by JerZeyDeViL on :
 
quote:
Originally posted by knowmoney:
My question is how did a former fish retailer get into the diamond business? and where did they get the capital to fund this? Diamonds are not cheep!

NEW YORK, NY--(MARKET WIRE)--Sep 22, 2006 -- Effective immediately, World Wide Cannery and Distribution (Other OTC:WWCD.PK - News) has changed its business model along with its company name. World Wide, through the board members affiliation in the Diamond industry, has joined forces with Global Diamond Exchange (Other OTC:GBDX.PK - News) and has taken on the company name along with a new trading symbol of GBDX and Cusip number 378977102.
Furthermore, the company has opened two new offices in New York City where it will be conducting its wholesale business. The sales office is located at:

Global Diamond Exchange Inc.
The Global Jewelers Building
2 West 46th Street, Suite 704
New York, NY 10036
(212) 221 0910

The company’s administrative office is located in New York City as well, with the address being:

Global Diamond Exchange
Rockefeller Plaza Center - 7th Floor
1230 Avenue of the Americas
New York, NY 10020
(646) 756-2866 - phone
(646) 756-2999 - fax

Global Diamond Exchange has reopened its wholesale operation in New York. The office is in the same exact building that they occupied over twelve years ago. The company, which has been in operation for over 17 years, exports rough and cut diamonds from the Russian Federation and other diamond producing regions. Global is pleased to be back in the “New York Diamond District” which supplies over 90% of all diamonds to North America.
 
Posted by knowmoney on :
 
This is a flordia company look at the address

http://www.alacrastore.com/companysnapshot/3740923

Global Diamond Exchange Inc
2640 West Bay Drive
Belleair Bluffs, FL 33770
United States
Tel: 1/347-813-4664

URL: NA

Formerly known as:
Worldwide Cannery & Distribution Inc
VWAY International Inc

Primary Symbol & Exchange:
GBDX - Pink Sheets


http://www.sunbiz.org/corpweb/inquiry/cormenu.html

click name list enter GLOBAL DIAMOND EXCHANGE, INC. then click on GLOBAL DIAMOND EXCHANGE, INC.
this will give you the names of the directors then google them.
 
Posted by BooDog on :
 
GBDX -- Global Diamond Exchange, Inc.
Com ($0.001)

Search for Dun & Bradstreet reports on this company.

Investors are advised that Pink Sheets has not been able to contact this issuer. Please refer to the Company Notes below for company status and other important information, including the Last Known Address, where available.

If you have current contact information for this issuer, please complete the Update Company Information Form or send an email to info*pinksheets.com

gotta get tired of these warnings.
 
Posted by knowmoney on :
 
Funny lots of russian names connected to this stock1 Past and present
 
Posted by paulbest on :
 
A big red flag should have gone up with me yesterday after I called the number and got an answering service!!!! But I did not dump my small position this morning and now with BooDog's post, I guess I'll pay a heavy price in the morning.

WE NEED TO MAKE MORE PHONE CALLS TO ANY AND EVERY PENNY STOCK THEN AT THE START OF THE POST< TELL US WHAT YOU LEARNED. ASK THE RIGHT QUESTIONS GIVE US THE LOW DOWN

I'm starting to call any and every penny I invest in. If I like what i hear I'll lay down a few $'s.


We should also start a ALLSTOCK STAR RATING.
10 stars for the more solid a company is, and 1 Star for those that are "high risk".
Share your DD's.
 
Posted by BooDog on :
 
I'm still learning AND still researching. I will post what I see. If someone doesn't like it they can tell me. Do your own DD and realize there are a gazillion opinions out there. Mine is only 1.

GBDX caught my eye because of the way they announced themselves from the get go with pumpers.

There are some names here that I still have to chase down and time is money. The nevada connection as incorp. gives me more red flags right off the bat. I would tell anyone to look at the previous symbols and do some DD. The florida registered company and the now GBDX need to be validated. I can say so far from the 80's it isn't looking good if you have had a chance to look at some of the names and google them. I am trying to find info on current management. I didn't think the PPS would go very far to allow me more time. plus I'm not in this so I’m not rushed.
don't buy or sell because of what i have found. do your own DD. I jumped on the DD here because it seemed everyone was just playing the run, nothing wrong with that but I do despise putting money in someone’s pocket that I believe could be cheating others. This stock has las vegas gambling all over it. not just in real estate but gambling. The russian mob might be hunting me down already. If I conclude they are 100% legit then I'll put in a few chips but Dorothy's yellow brick road is being swarmed with the flying monkeys right now.

In any case watch the charts. Make your own decisions, and share the DD...That's what allstocks is all about.
Good luck.
 
Posted by IMAKEMONEY on :
 
paulbest, 98% OF THESE COMPANYS ARE NOTHING MORE THEN A POS, PLAY THE HYPE ,PRs, CHARTS, AND TAKE YOUR PROFITS!! THIS IS PINKY PENNYLAND THEY ALL LIE,JMO
 
Posted by BooDog on :
 
I gotta work on my short answers like yours Imake. LOL
 
Posted by IMAKEMONEY on :
 
[Big Grin] TRADE FAST, THINK FAST, BOO
 
Posted by IMAKEMONEY on :
 
BOO, WTF I GAVE YOU 5 STARS NOW YOU JUST GOT 3? [Mad]
 
Posted by BooDog on :
 
quote:
Originally posted by IMAKEMONEY:
BOO, WTF I GAVE YOU 5 STARS NOW YOU JUST GOT 3? [Mad]

LMAO
no idea what you'r talking about [Confused] imake... FWIW I'm on your side.
 
Posted by IMAKEMONEY on :
 
THAT MEANS YOU PISSED SOMEONE OFF AND LOST STARS. LMAO, DONT WORRY YOUR A STAR IN MY BOOK. [Big Grin]
 
Posted by BooDog on :
 
everytime I challenge someone they give me a 1 star lol.

If I ever get to 5 stars I'm not doing my yob.
 
Posted by BooDog on :
 
http://www.lasvegassun.com/sunbin/stories/text/2000/oct/28/510962084.html


http://www.dallasobserver.com/issues/2001-03-08/news.html

Nikolaj Vissokovsky

okay, so it may not be relevent to today's GBDX

new names new faces now.
 
Posted by paulbest on :
 
IMAKEMONEY
From what you just wrote I know you do make $$$.
I pretty much figured some of what you said.
Even though some of these PK's...well considering there are hundreds of thousands of PK's, you are probably close to the truth, 98% of all PK's are 'iffy"......a few are legit. I hope to make a few $'s on the legits and the quick scammers. Anyone know what the PK graveyard looks like for a full 12 month period!!! WOW!!!!
How much money was lost/scammed!!!!

But what i wanted to say was that I can see it takes alot of time each day to follow the charts etc. Time I really don't ahve, as I like to read.

Am still unemployeed post Katrina.

I hope to make enough each month to survive.

I see where i missed opportunities and know where i need to jump in late December, where bargains abound.

Thanks for everyones help and tips.
I hope to make some contributions on this board that help others make a few $'s.
 
Posted by BooDog on :
 
deleted
 
Posted by paulbest on :
 
"deleted"

was it anything i need to know?
Or "best iof he learns to sink or swim on his own" :-)
 
Posted by knowmoney on :
 
quote:
Originally posted by BooDog:
I gotta work on my short answers like yours Imake. LOL

Is that anything like the short bus? [Big Grin]
 
Posted by BooDog on :
 
You should see the driver!
 
Posted by BooDog on :
 
quote:
Originally posted by paulbest:
"deleted"

was it anything i need to know?
Or "best iof he learns to sink or swim on his own" :-)

no, just good luck.
I'm still learning myself. I'll see you around.
 
Posted by beandog24 on :
 
Called the number this evening and the sales lines are up, looks like we get the announcement and potentially much more next week.
 
Posted by BooDog on :
 
Good luck to you bean, just clicked on your posts and saw a couple stocks you are in, I'll have to check them out. CTXI specialy.
 
Posted by ohio_trader on :
 
alot of buys came rolling through before close....should keep on going next week with news of the stores opening
 
Posted by beandog24 on :
 
Not a bad close today someone is accumulating a bunch. Picked up a few more today at 2 early on for next week. Boo good to see ya here man, i'm still riding some CTXI just my freebies left, waiting on some news from the company. Got some early on prior to the microcars deal but havn't got any responses for a while. I'll keep ya updated if i hear anything.
 
Posted by ohio_trader on :
 
investor...you still in?
 
Posted by JerZeyDeViL on :
 
Ahhh....can't wait for this week to start!! I strongly believe we'll see at the very least a double by weeks end! Looking forward to a very good week ahead!
 
Posted by paulbest on :
 
Its going to tough next week.
everyone on the edge of their seats waiting for news if they will actually do what they say, open the doors...we'll see...I'm nervous on this one.
My better instinct says to get out.
 
Posted by JerZeyDeViL on :
 
Although I can't wait for the news...I kinda hope it doesn't come out till at least Tuesday. Rather have tommorrow as a day for people to try and accumulate, kinda like a week and a half ago when this broke .03 before some people started selling because the store didn't open right away. Either way its gonna be a huge week!!
 
Posted by paulbest on :
 
No red flag with you on this one?

When I called last week and got a answering service...I cringed to know I had money in the co
oh well its only 200/10% of my acct [Roll Eyes]
 
Posted by BooDog on :
 
http://www.globaldiamondex.com/

Management and Board of Directors
Under Construction

everything on the site is there except for this. what do you make of that?

Also in the news section why isn't livak's name at the end like on the PR's?

"Contact:
Contact:
Alex Livak:
347-813-4664
Email: alivak*fortuneir.com"

I have visited other diamond exchange sites and almost all showed samples of inventory without having to log in.

no big deal. we'll see soon enough. waiting to see the whole picture.
 
Posted by paulbest on :
 
Boodog, good astute observations. Eagle eye you...or should I say like a good hound dog.
Good detective work.

Like I say, a answering service for a Diamond co...duh!
 
Posted by Jonus on :
 
 -


Sweet Chart.
 
Posted by BooDog on :
 
if it was actually an answering service and not a machine.... hmmmm
 
Posted by JerZeyDeViL on :
 
No red flags for me as of now. I'm absoloutly loving this company and think BIG things are coming. I think they're still working out some kinks as all companies do, but everything should soon be in place IMO. Not sure what number you called Paul, but perhaps the reason you got a machine is because they aren't opened for business yet? Not sure, but I know others who have spoke with the company. I spoke with a very reliable source who has already told me that they have seen where the business is and that it is there....so no worries there. As for not showing samples of inventory, there can be many reasons for that. My best guess would be that they are in one of the busiest parts of New York and diamonds, as we all know, are very very valuable. There's a good chance they don't want to advertise on the internet what they are carrying to just anyone. Could make for a robbers dream come true. If you are a potential buyer, then you'll make the extra effort to call and get a username and password. If you have other motives then you're not as likely to call and give your information or whatever. Just a thought....could also be that they don't have the entire inventory yet and are waiting before they post samples. Who knows....I'm just not really owrried about that aspect. I'm more concerned with the high revenue potential and the fact that this company is extremely undervalued right now. I strongly believe that as soon as people see the company is for real and open for business and making money (which they will be right out the gate because they already have a big order in place) this baby is gonna rock!!

Obviously just my opinion. And for what its worth...I sold the rest of my positions on Friday and am all in on this company right now. Hoping I'm right here =)
 
Posted by paulbest on :
 
quote:
Originally posted by BooDog:
if it was actually an answering service and not a machine.... hmmmm

Sure was the case. I try to make calls when i have a doubt here or there. I make the calls short and sweet. Don't want to waste anyones time.
btw that chart looks sort of "sour" to my eyes.
Everyone has to make their own conclusions.
 
Posted by paulbest on :
 
Well I called this moring a different phone number.
I did in fact get a secetary.
My bad.
carry on.
I see a little run this morning.
 
Posted by JerZeyDeViL on :
 
Today went just as I hoped....allowed for accumulation and is ready to run. Should be a fun week here!
 
Posted by paulbest on :
 
ahhh should we hold or dump
best shots please
thsi is the week "we will open a store front NEXT week"
This week is "next week"
duh?
 
Posted by paulbest on :
 
"GBDX opens Nov 1"
Did not open Nov 1, nor 2, nor the 3rd, 4th, 5th, 6th, 7th.
Will it open the 8th, 9, 10, 11...............
does anyone know?
I mean a diamond store, how hard is it to set up?

Why do I fall for such "global" ideas?
huh, can anyone tell me?
shheeeshhh
 
Posted by The Dalai Lama on :
 
It's an international business with diamonds coming from Russia. So probably pretty hard.
 
Posted by The Dalai Lama on :
 
And I hope you don't have too much money invested in this company. So far it's come off as really shifty.
 
Posted by paulbest on :
 
No not much at all, $150 so thats a good thing. But its that i misssed out on better opportunities, thats all.
Crying shame, but thats this business, all a gamble.
At least you're honest, "really ****ty" with no pumping.
I see red toady, and should have sold monday, on my hunch.
 
Posted by The Dalai Lama on :
 
Heh. "Shifty", not "****ty". And I can still see this stock going up once the doors finally open. We just have to be patient.
 
Posted by ohio_trader on :
 
Global Diamond Grading Stones, Set to Open Office
Wednesday November 8, 12:19 pm ET

NEW YORK, NY--(MARKET WIRE)--Nov 8, 2006 -- Global Diamond Exchange (Other OTC:GBDX.PK - News) is pleased to announce that its first diamond shipment has arrived in New York. The finished stones are currently being grade certified and sales will commence as soon as the process is completed. The company anticipates that everything should be completed by Monday, November 13th. Furthermore, company buyers are scheduled to depart overseas next week to begin purchasing parcels of rough to cut for the next shipment.

ADVERTISEMENT
Also, in response to a very large number of shareholder queries, the company is currently updating its corporate web site to include management, officers, and directors. Additionally, Global is in the process of hiring an audit firm with international accreditation and multilingual capabilities to schedule and complete the audit process both domestically and internationally. This will provide the base to be current and compliant under the new Pink Sheets standards and/or application to another exchange.

About Global Diamond Exchange:

Global Diamond Exchange originally opened their office on 2 West 46th street in the heart of the 'New York's Diamond District.' After several years of operation at their New York office the company decided to shut down the operation due to low pricing and soft demand in North America. The company concentrated its efforts on exporting cut diamonds from the Russia Federation and European locations. The new company has reopened its sales offices in the original building ready to take on the increased demand for fine quality diamonds.

NOTE: Safe Harbor for Forward-Looking Statements.

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.


Contact:

Contact:
Alex Livak
347-813-4664
Email: alivak*fortuneir.com


Source: Global Diamond Exchange (Formerly WWCD)
 
Posted by beandog24 on :
 
Global Diamonds Inc

found this on another board:


Originally Posted by Spectre
Ok, time for you to answer your questions.

1st. The company has been around for that long. I just talked to the company. Go to http://www.dnb.com/us/ "Dunn and Bradstreet" and look up Global Diamonds Inc in the state of florida. That is where the compnay was formed 17 years ago as that is where the owner is from and first started the company! It will cost you 9.99 to see the profile.

2nd. The company is working with Alrosa. That is who they are getting the diamonds from. Again, I verified this earlier today, but think what you will.

3rd. I then just spoke with Alex in IR. The company is having audited financials done. Why, so they can move to another exchange if they so choose. They may or may not. He can not say that. But did confirm teh audited financials.

4th. The company is in the diamond industry. They work with diamonds. They are a diamond wholesaler. They have two offices. Thanks!

5th. You keep saying the company is not real, yet it is. Saying your opinion is fine, but why not go out and do your own DD if you want to prove otherwise. You won't be able to, but whatever floats your boat I guess. Again, if you had DD to prove otherwise, it would be more than welcomed. I have no problem with that. But you just say it without any proof. Do your DD!!

Best,
Spec
 
Posted by paulbest on :
 
OHHH great, I'll load up tomorrow
lol
 
Posted by BooDog on :
 
quote:
Originally posted by beandog24:
Global Diamonds Inc

found this on another board:


Originally Posted by Spectre
Ok, time for you to answer your questions.

1st. The company has been around for that long. I just talked to the company. Go to http://www.dnb.com/us/ "Dunn and Bradstreet" and look up Global Diamonds Inc in the state of florida. That is where the compnay was formed 17 years ago as that is where the owner is from and first started the company! It will cost you 9.99 to see the profile.

2nd. The company is working with Alrosa. That is who they are getting the diamonds from. Again, I verified this earlier today, but think what you will.

3rd. I then just spoke with Alex in IR. The company is having audited financials done. Why, so they can move to another exchange if they so choose. They may or may not. He can not say that. But did confirm teh audited financials.

4th. The company is in the diamond industry. They work with diamonds. They are a diamond wholesaler. They have two offices. Thanks!

5th. You keep saying the company is not real, yet it is. Saying your opinion is fine, but why not go out and do your own DD if you want to prove otherwise. You won't be able to, but whatever floats your boat I guess. Again, if you had DD to prove otherwise, it would be more than welcomed. I have no problem with that. But you just say it without any proof. Do your DD!!

Best,
Spec

That just cracks me up. go to the last post on page 1 of this thread bean. when they come clean with everyone involved then I'll go from there. see who was there 17 years ago and what they are up to now. do a little background checking.

maybe a better picture of which diamond stores are where in this "diamond district" and where GBDX dreams for 99 cents location is.

cheers.

Do not trust my input, all things in this arena should be dealt with due diligence, this is not a buy/sell recommendation. Simply an opinion of one sharing with another. If you use any of my input on any site without your own DD…...
 
Posted by paulbest on :
 
Boodog I just read through your excellent DD on this GBDX.
Not sure why i didn't speand the time last week , BEFORE i bought into this co, reading your spot on research.

Formerly known as ..get this 'WORLDWIDE Cannery"
Now its called 'Global" Diamond "Exchange".

Man the stories I'll have to recall as a greemie in stock investing.
I went ahead and took my 18% loss toady and got out. Hope it goes to "da mooooon" and everyone becomes very wealthy...but not near as wealthy as these "russian diamond experts"
LOL
MuhahahAaaaaaa
lol
 
Posted by BooDog on :
 
who knows. Maybe now they are 100% legit and I'll be watching from the sidelines. sokay. many more pinks to play. I can't take all the credit for the DD that I have posted. some items have been pointed out to me. either way good luck. just remember that we try to keep a straight board here, post the facts and your points and back it up.
Hot tub time with some Elija craig.
 
Posted by JerZeyDeViL on :
 
People need to calm down and take advantage of the situation IMO. Otherwise you become like all the others who were just in for the quick score. This is gonna be huge IMO and the time is coming. The only reason its dropping a bit now is because all the people that just bought in for the store opening are bailing now which I think is a good thing. Let the weak get out now so they can't hurt us later. Next week we'll get the news of the store opening and prolly alot more. There should be alot of news within the next 3 weeks that will take this to new highs.

And Paul....as for the Cannery Business....if you did your DD and stopped relying on others words you'd know what happened. They sold the company and paid off all there debt and became a shell. Nothing unusual about this at all.
 
Posted by knowmoney on :
 
Why don't someone try and call one of their competors and see what they think of this company. That should tell something about them.

http://www.mapquest.com/maps/map.adp?formtype=address&country=US&popflag=0&latit ude=&longitude=&name=&phone=&level=&addtohistory=&cat=Global+Diamond+Exchange&ad dress=2+West+46th+Street+&city=New+York&state=NY&zipcode=

DIA Angels Inc
2 W 46th St # 1102A, New York, NY (0.00 miles away)
212-391-1363
Map Directions To Directions From
Places Nearby Send to Cell
Category: Diamond Cutting
Diamdel Inc
2 W 46th St, New York, NY (0.00 miles away)
212-944-8409
Map Directions To Directions From
Places Nearby Send to Cell
Category: Diamonds
Jewel of Marquise
2 W 46th St # 904, New York, NY (0.00 miles away)
212-869-0138
Map Directions To Directions From
Places Nearby Send to Cell
Category: Diamonds
Eyal Diamond
2 W 46th St # 507, New York, NY (0.00 miles away)
212-302-0901
Map Directions To Directions From
Places Nearby Send to Cell
Category: Nonclassified Establishments
Amsok Inc
2 W 46th St, New York, NY (0.00 miles away)
212-354-0953
Map Directions To Directions From
Places Nearby Send to Cell
Category: Diamonds
Baguette Diam Inc
2 W 46th St, New York, NY (0.00 miles away)
212-302-0729
Map Directions To Directions From
Places Nearby Send to Cell
Category: Diamonds
Crystal Diam Corp
2 W 46th St # 607, New York, NY (0.00 miles away)
212-302-3999
Map Directions To Directions From
Places Nearby Send to Cell
Category: Diamonds
Samerson Inc
2 W 46th St # 1005, New York, NY (0.00 miles away)
212-719-1207
Map Directions To Directions From
Places Nearby Send to Cell
Category: Importers, Diamonds
A & Z Diamond
 
Posted by The Dalai Lama on :
 
quote:
Originally posted by paulbest:
Boodog I just read through your excellent DD on this GBDX.
Not sure why i didn't speand the time last week , BEFORE i bought into this co, reading your spot on research.

Formerly known as ..get this 'WORLDWIDE Cannery"
Now its called 'Global" Diamond "Exchange".

Man the stories I'll have to recall as a greemie in stock investing.
I went ahead and took my 18% loss toady and got out. Hope it goes to "da mooooon" and everyone becomes very wealthy...but not near as wealthy as these "russian diamond experts"
LOL
MuhahahAaaaaaa
lol

You sold for a loss on the day that they opened their doors? Are you nuts?
 
Posted by BooDog on :
 
That could be a strategy to buy more at a lower pps, if this continues to go down then more shares can be bought.

anyway, it is important to do your own DD. anyone who basis an investment decision based only on one individual is asking for troubled waters. at the same time, watching certain individuals post uplifting unverifiable information in stock forums is pumping. believing everything you read in a PR... sure. Did this start out as a shell when it became GBDX? did the previous debt get paid or was it transferred? were all shares liquidated and then complete new shares issued? any clue of restricted or preferred? no forms or filings to offer any verification of any of the above.
Make your own decisions. everyone has their own style.
 
Posted by The Dalai Lama on :
 
I don't think he paulbest had a strategy. You just spooked him with your DD and he got out.
 
Posted by BooDog on :
 
quote:
Originally posted by The Dalai Lama:
I don't think he paulbest had a strategy. You just spooked him with your DD and he got out.

GBDX is spooky. One only need to look at livak's track record of dilution and venue changes to figure that out.
I just illuminated the facts, and only a FRACTION of what is out there. this forum does that. maybe you can find some facts to counter those that I have posted. Furthermore, if someone buys or sells based on the DD posted in any forum they made that decision on their own. If I save someone money because of my DD great, if they miss out on the op to make money because of my DD, too bad - at least they didn't loose. Do your own DD.
IMO this stock is a use and abuse stock to be played by the charts - not as a long term investment. But, I would not play it because that puts money in the pockets of those I don't trust. That's me. and my opinion is my own.
 
Posted by paulbest on :
 
quote:
Originally posted by BooDog:
[QUOTE] But, I would not play it because that puts money in the pockets of those I don't trust. That's me. and my opinion is my own.

If this Livak guy posted in your 2 news clips is the same as involved with this co, I also want no part of it. IOW I do not want to make, "to daa moooon" profits.
Besides, had I known it was russian gentlemen running the co, that alone, without any background ck or knowledge of the individuals, is enough for me to keep my money in my pocket.
I've got my rules, and one is : no investments i russian run "companies".

Disclaimer: my opinion and no way reflects on this co, nor any other russian run co.
 
Posted by BooDog on :
 
http://www.globaldiamondex.com/bod.php

so are they open? Who's turnin the wrenches?????

still no management or directors. I wonder...
 
Posted by paulbest on :
 
Diamonds are a ladies best friend.

I'm taking this stock off my yahoo watch list, I really could care less if it goes
"to da moooonn"
Nice knowing ya "global"
 
Posted by BooDog on :
 
GLOBAL DIAMOND EXCH (Other OTC:GBDX.PK) Delayed quote data

Last Trade: 0.0160
Trade Time: 3:57PM ET
Change: -0.0020 (11.11%)
Prev Close: 0.018
Open: 0.018

Day's Range: 0.0150 - 0.0180
52wk Range: N/A
Volume: 10,185,947
 
Posted by The Dalai Lama on :
 
This is painful.
 
Posted by BooDog on :
 
Management and Board of Directors
Under Construction

It is a pink eh?
 
Posted by The Dalai Lama on :
 
Yeah. Maybe I'll sell tomorrow and take my 50 percent loss. It's only a hundred fifty dollars or so.
 
Posted by BooDog on :
 
IMO they should be releasing a PR (15th) about the opening and could spark some life back into it. I'm just tracking this now. I made my opinion clear. If they can prove me wrong I'll be there (here) to see it.
 
Posted by BooDog on :
 
Hey Lama, how far are you from Windsor?
 
Posted by The Dalai Lama on :
 
2 hours. Pourquoi?
 
Posted by BooDog on :
 
check your messages
 
Posted by BooDog on :
 
This is topic GBDX- Wholesale office opens for business in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


To visit this topic, use this URL:
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/ t/025264.html

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Posted by R.A. on November 15, 2006 10:23:

Press Release Source: Global Diamonds Inc.


Global Diamond Exchange Wholesale Office Opens for Business, First Allotment Is Sold Out
Wednesday November 15, 9:58 am ET


NEW YORK, NY--(MARKET WIRE)--Nov 15, 2006 -- Global Diamond Exchange (Other OTC:GBDX.PK - News) is pleased to announce that its wholesale office has been opened and the company is back conducting business in their old building. Global Diamond signed a five year lease on August 31, 2006 with an option to renew for an additional five years and was scheduled to move into suite 704 on November 1st, 2006.
ADVERTISEMENT


However, due to a prior tenant who refused to vacate the premises, the company was forced to take space on a different floor in the building. The current tenant of that office, New Creations, has been legally forced to move out and will do so by December 15, 2006. After a full clean up, installation of a new safe and alarm system, Global will then occupy its office on the 7th floor. Building management has been kind enough to provide Global Diamonds space in the same building but on a different floor. Additionally, as of Friday, November 17, 2006, the company name will appear on the display board downstairs in the building lobby.

In the meantime, the company has been displaying its initial shipment of diamonds out of the temporary office and is proud to say that is has completely sold out its first allotment. The initial allotment was for 698 carats and was sold out within a week of its showing. A much larger second order has already been placed and will arrive in New York shortly.

Global CEO, Alexey Cherebkov, stated that he was "excited being back in a place that we were so successful our first time around and its nice to see a lot of the old faces that recognize and remember Global Diamonds. I look forward to re-establishing the Global Diamond brand in New York." Mr. Cherebkov and Global Diamonds also wish to clarify an ongoing misconception regarding the wholesale location. The location strictly sells as a 1st tier wholesaler to other wholesalers. It is not a retail location and is only accessible to established diamond dealers in the industry.

About Global Diamond Exchange:

Global Diamond Exchange originally opened their office on 2 West 46th street in the heart of the 'New York's Diamond District'. After several years of operation at their New York office the company decided to shut down the operation due to low pricing and soft demand in North America. The company concentrated its efforts on exporting cut diamonds from the Russia Federation and European locations. The new company has reopened its sales offices in the original building ready to take on the increased demand for fine quality diamonds.

NOTE: Safe Harbor for Forward-Looking Statements.

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.


Contact:
Contact:
Alex Livak:
347-813-4664
Email: Email Contact


--------------------------------------------------------------------------------
Source: Global Diamonds Inc.

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 10:25:

Up 16,67%

1 mm left at 0.0175

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 10:28:

Steady buys coming in.

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 10:30:

There goes the 0.018.

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 10:32:

Up 20% and more buys coming in.

--------------------------------------------------------------------------------
Posted by Homersbud on November 15, 2006 10:32:

Weeeeeeeeee!

Got in as soon as news hit at 0145, out at 0175!

Good luck to everyone playing! News was sweet!

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 10:33:

Nice play homersbud.

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 10:34:

There seems to be a wall at 0.018.

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 10:35:

If we can get past the 0.018 it might get very interesting.

3MM's

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 10:39:

More buying pressure is needed there.

--------------------------------------------------------------------------------
Posted by Homersbud on November 15, 2006 10:39:

Thanks dude!

The only reason I got out was because of the wall at 018. Looks like good buys at 018 but the wall isn't coming down...If it breaks it, should go onto the 02's.

017x018 2x5

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 10:41:

For sure, but you took a safe decision, because the wall at 0.018 might not be broken as things are going now.

--------------------------------------------------------------------------------
Posted by Homersbud on November 15, 2006 10:48:

Walling at 018 is coming down!

017x018 2x4

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 10:52:

It might fall... 2MM's left at 0.018 and then L2 is extremely thin!

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 10:55:

I think we might do it!

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 10:59:

More volume and this will fly!

L2 sooo thin, good news, pps close to 52 w/l.

--------------------------------------------------------------------------------
Posted by stocktrader22 on November 15, 2006 11:02:

Why won't this damn company give revenue from all of its orders it sold! I hate this crap

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 11:09:

There is so much potential for a *********** with this one... L2 is faboulous.

--------------------------------------------------------------------------------
Posted by The Dalai Lama on November 15, 2006 11:11:

I tried selling at .016 today. I'm glad the order didn't get filled.

--------------------------------------------------------------------------------
Posted by R.A. on November 15, 2006 11:11:

m u l t i b a g g e r
 
Posted by R.A. on :
 
Thanks BooDog.

GBDX is a very interesting play for the rest of the day and afternoon. Steady buys coming in.
 
Posted by R.A. on :
 
Still at HOD now.
 
Posted by BooDog on :
 
I just hate having to hunt down the DD that's already been done. I sent you a pm about searcing.
Keeping everything together in 1 thread so eveyone can scan makes it a lot better. Thanks.
 
Posted by The Dalai Lama on :
 
Stop bashing! Positive energy only plz!
 
Posted by R.A. on :
 
Still very steady at HOD.

Buys coming in little by little.
 
Posted by Homersbud on :
 
Not bad...Like I said before, breaks 018 should move onto the 02's

0175x018 2x3 Wall is getting smaller...
 
Posted by R.A. on :
 
Indeed.
 
Posted by R.A. on :
 
This wall HAS to go down!
 
Posted by The Dalai Lama on :
 
Go buy two shares for .02
 
Posted by R.A. on :
 
It's holding on the HOD, the volume is good, the afteroon will be interesting IMO.
 
Posted by R.A. on :
 
The potential is unbeliveable, L2 is ready to go.

1 at 0.018
2 at 0.019
1 at 0.020
1 at 0.035
1 at 0.0405
1 at 0.045
 
Posted by stocktrader22 on :
 
quote:
Originally posted by R.A.:
The potential is unbeliveable, L2 is ready to go.

1 at 0.018
2 at 0.019
1 at 0.020
1 at 0.035
1 at 0.0405
1 at 0.045

L2's do look great

wish ITDN would get some more attention
L2
1 at .03
1 at .05
1 at .08
1 at $1.01

LMAO


GO GBDX [Smile]
 
Posted by R.A. on :
 
Hehe yeah it does look good indeed... but now GBDX has the news and a good volume, we just need more of it!
 
Posted by The Dalai Lama on :
 
Those numbers are the asks?
 
Posted by stocktrader22 on :
 
quote:
Originally posted by The Dalai Lama:
Those numbers are the asks?

lol dalai didnt mean to confuse you...thats for ITDN, not GBDX.
 
Posted by R.A. on :
 
The ones that I posted yes, the others are for another stock.
 
Posted by The Dalai Lama on :
 
No confusion. I was talking to the Rugged Man.
 
Posted by R.A. on :
 
I sold my position, this thing isn't moving much. I was expecting more out of it.

GLTA
 
Posted by BooDog on :
 
Just so you know I am not bashing.
just a clue why this is so hard to believe...

http://www.shopadf.com/ViewArticle.aspx?id=547

Article Name :Global Diamond Exchange Turns Public on World Wide Cannery Merger
Referral :Rapaport
The Global Diamond Exchange (OTC GBDX.PK) will wholesale rough and polished diamonds, according to company spokesman Alex Livak. The company exports rough and polished diamonds from the Russian Federation and other diamond producing regions Livak told Rapaport News. The company announced to investors on September 26 that it would open a diamond sales office in New York by November 1, 2006, and expects the first diamond shipment around November 3. The Global Diamond Exchange said it would office at 2 West 46th Street in the diamond district. Global Diamond Exchange and the World Wide Cannery and Distribution (WWCD) announced the two would merge on September 22. Alexey Cherebkov is listed as president of the Global Diamond Exchange. The name and business model change was the second in 2006 for WWCD, which began the year in Largo, Florida, under a different corporate name. Up until March 22, 2006, the company --led by then CEO Gordon Forgey-- operated as publicly traded real estate company VWAY International (OTC VWYI.PK,) but it changed business models and company name to WWCD in order to enter the international food distribution market. On April 5, Forgey and the company's board resigned and WWCD's corporate location changed to Belleair Bluffs, Florida. While WWCD traded on pink sheets as WWCD.PK, the company reported acquiring a seafood factory in Prague, Czech Republic, on April 10. WWCD sold the factory June 13, for GBP1.1 million ($2.08 million) and declared its stock was debt free. WWCD announced to investors on June 13 it would concentrate on growing the container shipping business -- a more profitable component of food trade. The company's next announcement was to change business models into the diamond wholesale trade in September as Global Diamond Exchange.
 
Posted by R.A. on :
 
Thanks Boodog.

I have the feeling that companies from Russia and Eastern Europe are often doing something that's not straight, reminds me of BLTA, Baltia Airline who was always postponing their "first flight", I found out the phone numbers given on their website were false, a lot people fell in their scam, but I posted that info on this board a couple of months ago.

This is just a reminder that in the OTCBB there are a some good companies but a lot of them are come unorganized or badly managed businesses.
 
Posted by BooDog on :
 
It's good to see someone else that will post research instead of just playing the chart.
 
Posted by paulbest on :
 
not one post in 2 days.
lol
would someone go over to HSM and tell those guys to be very careful.
Man thats not bashing, just be cautious.
also tell them you can't even get a candle chart on the co.
man I was in this stock for like 24 hours and jumped ship.
I don't even know what the last 5 day chart looks like, and could care less.
I'm learning to draw lines.
My policy is 'its NOT all about making da money"
Its about investing in stocks that i have some trust and AND i can also make some money.
Enough of that nonsense.
man I'm ready for a new year...come on 2007 lets rock and roll
 
Posted by Landshark on :
 
Supposedly another shipment is on the way and BOD update is coming. So maybe another push for the pps. Some people think that dilution has caused the price to drop lately, but it could be from SLJB and the confusion with the new office opening. Some posters have verified with the TA that there has not been any change to the shares. There have been some confirmation of 5 year lease in the new sales office by other posters. IMO. The audited financials will change everything. If they get that out then this thing will skyrocket to the .50 range. Till then it's all speculation. We should still see a price rise in anticipation of the next shipment news.
 
Posted by BooDog on :
 
not sure why you would associate this with SLJB the 2 have nothing in common. I have a bad habit of looking for certain qualities in pinks and that habit saved my ass with SLJB but that lesson was not easily learned.
I find it odd about them not being able to get in their new office when they were saying "The company has recently decided to open its wholesale office at 2 West 46th Street in New York City" and then say "However, due to a prior tenant who refused to vacate the premises, the company was forced to take space on a different floor in the building." and there is still a lack of info http://www.globaldiamondex.com/bod.php still waiting for this. no idea why they wouldn't put on the directors.
So it is speculation. pinks are a eigth wonder of the world - choose wisely - use it don't abuse it eh? and just remember - promises are like old girlfriends.
 
Posted by beandog24 on :
 
Pinks can be a bit rough at times without a doubt. Did get confirmation from building management on thursday that GBDX indeed has a presence and the lease is a done deal as stated in the recent PR. Until then i was real cautious with this one but all appears to be going moving forward and I'm looking forward to future news here.
 
Posted by will on :
 
Pinks are great, if they have enough hype, overly hyped promising PR's, pumpers, and no dilution. They can be a beautiful and wonderful thing. Just be sure to pick the right one, and get out near or at top.

When I thik of pinks that promise the moon I have the following vision.

I'm a chicken all alone in a barnyard, and someone was nice enough to leave this long line of corn kernels I get to peck up and eat all by myself. Yum, good corn, I keep pecking and eating. I'm a greedy little chicken, and I'm down to a few kernels left. Now fianlly, the last one, but inorder to get to it I have to stretch my neck over this block. Suddenly, too late to think even, WHACK ! My headless bleeding body is running around spurting blood all over the place. Next thing I know, I'm in some fat CEO's soup pot.
 
Posted by unix555 on :
 
I am waiting to pick some shares at $.0005 on Monday.

Bad news are coming soon on Monday !

99% pink stocks are scammers.
Just waiting for bad news to pick up some shares. When the bad news come out, ton of people will sell their shares for me. Thank you.

Best CEO.
 
Posted by stocktrader22 on :
 
quote:
Originally posted by unix555:
I am waiting to pick some shares at $.0005 on Monday.

Bad news are coming soon on Monday !

99% pink stocks are scammers.
Just waiting for bad news to pick up some shares. When the bad news come out, ton of people will sell their shares for me. Thank you.

Best CEO.

What are you talking about lmao!
 
Posted by unix555 on :
 
SLBJ is bother of GBDX !
Watch out on Monday 11/20/2006
This will burn your heart.
 
Posted by unix555 on :
 
Don't trust anyone on this board !
 
Posted by BooDog on :
 
quote:
Originally posted by unix555:
I am waiting to pick some shares at $.0005 on Monday.

Bad news are coming soon on Monday !

99% pink stocks are scammers.
Just waiting for bad news to pick up some shares. When the bad news come out, ton of people will sell their shares for me. Thank you.

Best CEO.

Huh?

just need to review this. weekends are bad, hot tubs enhance the effects of alcohol. and if you don't dring enough... Thats
sss
Dats da broblem
 
Posted by rocked on :
 
on what basis is this, the stock is primed for a nice run next week, stop trying to scare people, the dilution is nothing and they've sold allot of rocks so far. They have what looks to be the largest distributor supplying to them. .0005? Quit trying to bad mouth the stock..unless you have significant proof and I've been in deep with this stock for information and facts, you have no grounds except your crappy ass antics to try and scare people. When you have actual proof, then try and say something. Don't scare people on your plain bs explanation of how you "think" the stock will tank. It will NOT I will bet my shares on it, and I guarantee I'm invested with more than you have..
 
Posted by BooDog on :
 
Review THIS thread and pehaps you may learn something about alex and his trail. I have said here that people may play the charts and make money from this stock. But it is a pink. Do your DD. Good luck to you M8.
 
Posted by paulbest on :
 
quote:
Originally posted by BooDog:
Review THIS thread and pehaps you may learn something about alex and his trail. I have said here that people may play the charts and make money from this stock. But it is a pink. Do your DD. Good luck to you M8.

Hope we see more posts like this from Boodog next yr and alot less in the style and mannerisms as ROCKED's.

Boo, nice DD last week, but i sold even before you posted your strightup DD's.
Keep up the good work and will keep us from getting in trouble more often than we wish.
 
Posted by unix555 on :
 
Don't Trust anyone on this board ! We are here for bashing and pumping !!!!!
 
Posted by BooDog on :
 
that's productive
 
Posted by paulbest on :
 
quote:
Originally posted by unix555:
Don't Trust anyone on this board ! We are here for bashing and pumping !!!!!

Yeah, there's a grain of truth in that.
And yeah, one has to be smart enough to know the differences.
I'm catching on, I read between the lines.
 
Posted by BooDog on :
 
quote:
Originally posted by unix555:
Don't Trust anyone on this board ! We are here for bashing and pumping !!!!!

Rated 1 star - and i see it was returned???
 
Posted by unix555 on :
 
I learn a lesson : Trust yourself, Do your own DD.
I lost a lot money because I read this board: Bashing to scare, pumping for buy.
 
Posted by Wit on :
 
quote:
Originally posted by BooDog:
quote:
Originally posted by unix555:
Don't Trust anyone on this board ! We are here for bashing and pumping !!!!!

Rated 1 star - and i see it was returned???
I got your back Boo,...returned the favor back for ya! [Wink]

Don't mess with the BOO!!!!!
 
Posted by paulbest on :
 
quote:
Originally posted by unix555:
I learn a lesson : Trust yourself, Do your own DD.
I lost a lot money because I read this board: Bashing to scare, pumping for buy.

And so have I, last spring, nad had to go into semi-retiredment.
I'm back!
Look no one tells you or me what to buy/what to sell (though I did get a email or 2 that steered me wrong, but its all behind me.
In fact I lost i PYPR, my decision, but was 'nudged" in a email by a regular.
I hold nothing against him.
I'm the one at fault for not reading the candle chart with insight.
I went againts better judgement. But hey, it was a very good lesson, I'm more bear on some stocks, others I'm bull.

If there's pumping, good, you decide how much is fluff/not. If bashing, same, take it as a grain of salt.
Bottom line, you call the shots. If you don't feel confortable about a co, move on, there's hundreds of stocks to pick, Juice posts the news, its up to you how you interpret it.
Good luck.
 
Posted by beandog24 on :
 
Chart looks great here, dilution a non issue, a small chunk issued to cover lease/rent/starter orders. Up we go from here this week. Good to see a few bashers back around the boards, usually a great indication shorters are getting nervous and/or those who don't have a clue how to read a chart, even the most solid plays establish higher highs and higher lows on the way up. GLTA going to be a great week here.
 
Posted by knowmoney on :
 
http://www.pinksheets.com/quote/company_profile.jsp?symbol=GBDX
 
Posted by JerZeyDeViL on :
 
Alot of bashing going on here. It's true that just about all these stocks are BS, but at these levels this ones a steal. Its been verified that they do in fact have an office where they stated, which most people doubted, and its not a cheap office. They sold their first shipment as they stated and have a larger shipment coming in. The actual company has been around for like 18 years and they are making some serious cash already. Alot of nice news to come and I don't see how theres not alot to like here. At the very least I see this being an easy double at these levels.
 
Posted by BooDog on :
 
I am learning most don't bother researching pinks because of the volatility and that over 98% of them are scams anyway. They just play the charts. No problem. Do that. But if you're going to say there is something good about the company - prove it. I have proven my points.
 
Posted by paulbest on :
 
Knowmoney gets the Allstocks hype-busters award of the day. Excellent DD.
Boodog had already blown the cover on the russian scam artist.
Shame, shame on all those [Razz] in this thread who pumped this scam. [Razz]
 
Posted by paulbest on :
 
now this scum and scammer Livak has more scamming news out.
Call the phone number at the bottom of the yahoo news.
you will get a recording "thank you for called FORTUNE investor relations, blah, blah, blah..."

Someone needs to go over to Hot Stocks forum and let these guys know. Man the folks who will lose money in this one.
 
Posted by BooDog on :
 
"pleased to announce the details of a joint venture partner. The partner, who will increase Global's allotment of rough, cut and polished diamonds, is "Diamond Certificate" -- a Russian joint stock company."
Let me guess... anyone even check for a LOI???

boodog just being boodog.... go ahead unix...
 
Posted by knowmoney on :
 
"boodog just being boodog.... go ahead unix..."


Like having a chihauhau biting at your ankle huh boo?

LAMO!!!
 
Posted by unix555 on :
 
You and boodog are bother ! You know what! In China, Boodog eat sh*t everyday. Sorry to said that but you can ask some Chinese People.
 
Posted by BooDog on :
 
[Eek!] [Eek!] [Eek!]
i thought the diamonds were coming from Russia. But i sure wouldn't be surprised to see a made in China sticker!!

WUUUUAAAAHHAHAHAHAHAHA!
 
Posted by BooDog on :
 
.
 
Posted by rocked on :
 
if your investing in pennies your in the wrong business, if your trading them then your set. The company is actually legit. I visited the diamond district and did my own research. It will run up..
 
Posted by T e x on :
 
quote:
Originally posted by rocked:
if your investing in pennies your in the wrong business, if your trading them then your set. The company is actually legit. I visited the diamond district and did my own research. It will run up..

So...share your research. Got any pix? Why do you think it will run?
 
Posted by thesource on :
 
quote:
Originally posted by rocked:
if your investing in pennies your in the wrong business, if your trading them then your set. The company is actually legit. I visited the diamond district and did my own research. It will run up..

I agree with you totally on not investing in pennies . The only two I have a long term interest in is ETIM and USSE . Both will probably burn me but I do keep my finger on the trigger just incase I get a gut feeling .

As for your research , please do post up some pics and any DD you might have that has not been already mentioned .
 
Posted by Spartans on :
 
I'm keeping this on my list of stocks to watch this week...The charts show a possible bounce at this level...GLTA
 
Posted by Spartans on :
 
GBDX -- Global Diamond Exchange, Inc.
Com ($0.001)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Global Diamond Exchange Confirms Purchase of Second Order

NEW YORK, NY, Nov 28, 2006 (MARKET WIRE via COMTEX) -- Global Diamond Exchange (PINKSHEETS: GBDX) is pleased to announce the second allotment of diamonds has been purchased and they are currently being processed. Delivery is expected mid to late December.
Additionally, Diamond Certificate has agreed to allow Global to purchase up to their allotment quota in rough stones for processing to fill demand for the next calendar year. Global still has the option to buy cut and polished stones from other sources if demand exceeds supply but will exclusively rely on its joint venture partner to provide rough diamonds for processing.

Management is extremely excited about the commitment from its partner since it will allow Global to grow substantially and insure the company of uninterrupted flow of diamonds.

About Diamond Certificate:

Diamond Certificate is Global's Joint Venture Partner, providing acquisition of rough diamonds, supervision of the cutting and polishing, the exporting of the finished or rough product and/or the purchase of finished goods, along with the custom exports. Diamond Certificate consist of and is owned by several groups -- Smolensk Brilliants Association - A union of 8 diamond cutting facilities in Smolensk; The Smolensk Government Facility "Crystal" - The largest Diamond cutting Facility in the Russian Federation employing over 4000 diamond cutters; The Sheremetyevo Insurance company, Russian Federation; Olympus - which is a variety of private and corporate entities that control the world's largest diamond mine; one of the largest banks in Russia, the Mezvynarodnij Aktsonirnij Bank, Moscow, Russian Federation; and private individuals with diamond experience since the late 1980s and extensive casino/gaming interest since the mid 1990s.

About Global Diamond Exchange:

Global Diamond Exchange originally opened their office on 2 West 46th Street in the heart of 'New York's Diamond District.' After several years of operation at their New York office the company decided to shut down the operation due to low pricing and soft demand in North America. The company concentrated its efforts on exporting cut diamonds from the Russia Federation and European locations. The new company has reopened its sales offices in the original building ready to take on the increased demand for fine quality diamonds.

NOTE: Safe Harbor for Forward-Looking Statements.

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.


Contact:
Alex Livak
347-813-4664
Email: Contact via http://www.marketwire.com/mw/emailprcntct?id=E1DA7BF30FC9EF7C
www.fortuneir.com
 


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