To all: Information re: Assensio will be forthcoming soon that will provide some forewarning to shorters that your messiah is leading you down a false path. Prior to Assensio's report, the short position on this board was dominated by Viper, who is quite obviously one of Assensio's soldiers. Other shorters, such as Peat Moss and Charred, couldn't even understand HOW to short a stock (see my earlier posts regarding Charred's inability). The rest of the shorts have migrated over purely as a result of Assensio's reports. Be very careful. Ask yourself some questions:
1. If you faced losses in excess of 200% (with a ceiling unknown) by shorting a stock at $5US and faced a covering situation potentially in excess of $15 (and perhaps much higher), what length would you go to to stem the tide?
2. Why has PDG suspended its operations due to "judicial uncertainties" (as it has stated publicly) and why have they suddenly distanced themselves from Assensio's reports?
3. Why would Assensio's character assassination of Marc Oppenheimer consist merely of a missed $650 exchange fee payment by a former company?
4. Why would the co-drafter of the Venezuelan Constitution (alongside Chief Justice Gomez), the former ambassador of Ven. to Spain, and the nation's leading environmental concern proponent be elected to serve as President of Minavenca, a newly formed entity through Crystallex?
5. Would the fomer vice-chairman for 15 years of one of the most respected and powerful private investing firms in Canada, Gordon Capital, leave his position to become the Chairman of Crystallex's board if it was simply a promotion?
6. Why have the most recent insider selling reports documented NO INSIDER TRADING WHATSOEVER by Crystallex since its self-imposed insider trading moratorium on December 16, 1997, even in the mids of Crystallex's runup from $3 to $8?
7. Why did hundreds of demonstrators in support of Crystallex appear on Venezuelan TV yesterday to lobby Chief Justice Gomez to issue her decision already on who controls Las Cristinas?
I could go on for pages. I won't. This "investment banking" firm is behaving quite like a penny stock promoter in the media sensationalism he is trying to generate. Have any of you ever heard of analysts at respected brokerage firms going to these lengths to make their sell recommendation known? Do you find that suspicious? The stakes are high and if you read Assensio's statements closely you will see the signs of a master psychologist at work seizing upon investor psychology and emotion. Information will be available soon for you to better evaluate this "short messiah" many seem to follow with a herd mentality. Consider this a warning. This one-man show will collapse very soon. You may think his website is spiffy, but you haven't heard it all about Assensio. You haven't even come close. You should know quite a bit more about Assensio by tomorrow evening. Stay tuned. |
