RE:RE:RE:Diamond78I am not saying that Frank gets it right all the time. In fact, his many past predictions that the SP would be going up over the last few weeks/months have left me skeptical of his motives and opinions as well. It just seems that there is a strong bull and a strong bear around here.
My approach is to read between the lines. I don't think this is going to 50 cents in a month, nor do I think DIAM gets bought out for next to nothing in June. Those are not realistic determinations given what I know of the uncertainties around litigation time-tables and contract disputes.
BB - you say you are "out", which I take to mean you will no longer post on this board - let's see if you really are out. Keep in mind, I do welecome your continued posts so long as you have more to say then "Read the JV" or "Read the Contract". These are not vald reasons to back out of DIAM right now. Lawyers get rich on "black and white" contract disputes - disputes that almost always resolve in compomise at some point. Will the compromise be a .20 cent/share buyout or $2.00/share buyout? Who knows, but right now there is no need for anyone to panic buy or sell.