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


To: SnakeInATuxedo who wrote (5325)2/16/1998 7:58:00 PM
From: flightlessbird  Read Replies (1) | Respond to of 10836
 
My take on today's trading.

Low, low volume. U.S. holiday. Very, very small percentage drop (in fact, based on recent conversion, appears to now be only 1/8 off of the AMEX close on Friday). Seems to me today was very light profit-taking after a 150% runup over the past 2 weeks. What I do notice is that the low volume days recently have resulted in a very minimal dip or a breakeven, i.e., very tough to find any downward indication recently. Sounds like light profit-taking from a few and patient waiting from the longs. Looks to me like we will continue the upward trend this week. Just my opinion. Hoping this is the week that KRY officials reveal their "pioneering" efforts. Good luck to all KRY holders ('cept the shorties of course). When Citrix announced it's deal with Microsoft last year and ran from $13 to $30 in a day, I wonder at what price shorts had to cover on that day? musta hurt somethin fierce.

flightlessbird (soaring ever higher)