Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (4056)	3/4/1998 10:04:00 PM
From: Bill Wexler	Read Replies (1) of 18691

KRY SHOULD BE SHORTED IMMEDIATELY!!! A real brouhaha is building over Crystallex (Amex: KRY). Asensio has just issued a bunch of excellent reports on the company: asensio.com It looks like we have another mini Bre-x in the making!!! Naturally, the company made the fatal mistake of immediately issuing a strong denial to Asensio's report and threatening to sue. The last time I saw such a vicious counter-attack to Asensio's claims was Solv-ex. In the end, Asensio was proven 100% correct and the company went into bankruptcy. The speed which crystallex issued today's very shrill denial/threat and the quality of Asensio's research into this complex fraud leads me to believe we have a no-brainer "short to zero" here. The SI thread is here: Subject 8316

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