Rockwell Diamonds Inc RDIAF

RE: RE: 95% club

[thinker1951]

Hey Brit,

I see your point, but will a majority of shareholders support replacing the board not really knowing what the consequences will be. At the time perhaps 36 cents was a double for you but certainly a loss for many other shareholders. 36 cents looks good in hindsight. What will rdi look like if the board is gone and the bullet is removed. Pala wont be able to quickly step in and takeover they have shown their mettle with ccj (although they do seem to be sorting things out but this situation is different I dont believe that rdi management is corrupt). There will be pain and lost time . They will not offer 36 cents a share again (more like 10 cents if they do make an offer). They may make things much worse. They have deep pockets perhaps and can weather the storm but can rdi? In the meantime the share price may go down only speculation is keeping it up right now as far as I can see. Nothing has changed since they were trading at 3-4 cents just the hope that pala will make an offer. Why should they better for them to make a creeping takeover. I dont trust the situation and I definetely dont fall in love with companies. I have traded rdi in the 3-7 cent range and Im definetely up, not hard when you buy at 3 cents and sell at 6-7 cents. Im looking for weakness I could be wrong but I expect it to trade lower with all the confusion that is being presently created. Markets hate uncertainty. This certainly rates as an uncertain situation. I do agree with you about the making money part I never lose sight of that point. I sell and take my profit  sometimes too soon  but how can you ever really tell whats going to happen next in the stock market. You just have to be nimble and quick and trust your intuition and your dd. lol.

Cheers to you Thinker