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Gold/Mining/Energy : Crystallex (KRY)

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To: Rob Twilt who wrote (6568)3/9/1998 12:05:00 AM
From: Mama Bear  Read Replies (1) of 10836
 
ERGB, sell rec ~14, stock now 4 11/16

From the ERGB thread 9/30/97

>>> know one of the directors, Brown Glenn is not the type of person that commits fraud. Asensio has a very large short position that he is getting killed on. Stock is up from 6 to 14 in about 5 months.
Why is the stock going up ??? the Estimates are for 75 cents in 1998 and that has been raised to 95 cents with the Foniks writer. Asensio knocked the stock once and it tried to recover in 2 days so he hits it again on the last day of the Quarter. Trying to save some preformance in his hedg fund. which is probably been loosing$$ on the short side for a while.<<< He says, despite the triple digit returns.

Message 2321197

From the ERGB thread 9/30/97

>>> I am not saying that Asensio is making thing up, well maybe. What I am saying is that he is a short seller that is wrong and is using everything that he has to knock the stock price so he can cover.<<<

Message 2321534

Barb
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