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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?


To: steve kostyk who wrote (4174)12/23/1997 1:15:00 PM
From: tanoose  Read Replies (1) | Respond to of 10836
 
Hello steve;

A recent post from SH for all to peruse;

My silence has been a direct result of the lack of any negative information released by the news media
or the shorts to artificially create doubt thereby lower prices. Frank-ly my fellow posters are more timely
with their information and I see no reason to reiterate the good news. Unlike our counterparts who will go
to extremes to re-release stories from months past to facilitate their cause.

Recent reports on this forum indicate that the shorts will make yet another assault on KRY. Thus far the
stock has withstood negative rumors, press re-releases, comparisons to Bre-X, 13 year lows in the price
of gold, negative industry sentimate, uncertainty over a decision resulting from a 3rd world country, and
incorrect reporting surrounding insider liquidation. All of these previous attacts have done little to
negatively impact the price of the stock. Clearly their propaganda has not materialized while much of
their fire power has been utilized resulting in a loss of their credibiltiy.

The fact that the stock did not decline over the last three trading sessions while the decision was yet
again postponed is extremely telling to me and very alarming to the shorts. More importantly only an
additional 14,000 shares of KRY were shorted last week compared to staggering increases for other
senior gold mining issues. Clearly the shorts have become less aggressive as their confidence level has
declined. I believe there is a real reluctance to commit additional funds to their cause at these levels.

As we all know company officials are extremely tight lipped right now. Many of you have found this
irritating that the company doesn't give status reports or something of substance to vindicate their rights
to the property. Believe me when I tell you this silence is good. The last thing you would want to do in
this type of situation is so celebrate before the end zone. Furthermore, every financial scam I have ever
seen starts with a loud obnoxious management team which artificially inflates their prospects by
creating unrealistic almost euphoric investor expectations only to be eventually discredited leading to a
loss of investor confidence and lower stock prices. I see none of these characteristics in this
management team. If the shorts had a smoking gun we would have seen it by now.

The FUNGdamentals will determine the outcome. I anxiously await the verdict.

Enough for now!!!

Muscle Head

With regards,Frank



To: steve kostyk who wrote (4174)12/23/1997 3:55:00 PM
From: Michael Bidder  Read Replies (1) | Respond to of 10836
 
Reply to Steve:

Steve wrote:

<<...His lack of logic is hilarious and if anything he is helping to PROMOTE Kry stock. The investing public is not stupid, and anyone with half of their brain tied behind their back can spot Bidder's desperation at a distance (without eyeglasses)>>

My logic:
I do not think it is "hilarious" to loose money. Meny investors that took the your advise or Mr. Lacostras have lost real money. This is money that was earned honestly and its loss is real.

My logic is sound. I am shorting a stock that will realise its true value when the mad promotion is over. That will be when the Government of Venesuala, through the arm of the Supriem Court says enough and throws the case out.

Logic dictates that Placer is the rightfull owner.

My desperation:
If one is short and the stock is droping then one is not desperate. I have shorted and covered this "dirty little play" 3 times. I am well into the money.