LOM lucapa diamond company limited

Ann: Exceptional Lulo Diamonds Sell for A$5.1 Million, page-195

  1. 12,265 Posts.
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    ftwind,

    The short answer: is greed.

    The long answer is:

    A director that said too much.

    A market that bought too much.

    Option holders that get their profits now and;

    Option holders who get their profits later if there are any left to get.

    So they will sell it down for greed and if they find the best diamond mine in the world they will buy it up 10 times hard for greed.

    You see the short answer and the long answer are exactly the same: greed.

    Eshmun
 
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