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


To: Bill Jackson who wrote (5712)2/24/1998 5:14:00 PM
From: flightlessbird  Read Replies (2) | Respond to of 10836
 
Viper: I fail to see how setting a target price of $25 is any more of a "dream" as you refer to it, then you covering at a $2 target. My target is 3-4 times the current price, your target is 1/3 to 1/4 the current price. I would probably sell my position if I found out that KRY's likelihood of success in Venezuela was harmed either through an adverse ruling or PDG suddenly found itself back in power in Venezuela. Obviously I feel that neither of these has any chance of happening. I would probably sell if both of these things happened and the price dropped to $3US. I don't suspect I'll ever have to worry about that but at least I can say it. The fact that you have danced around my very pointed questions TWICE tells me much about your character. So let me try again since your patience apparently is infinite as well. At what price would KRY have to reach on the high side for you to cover and take a loss? Isn't that a fair question and one of the most primary questions every trader should have an answer to if they are short. The successful traders, after all, keep emotion in check and are rigid disciplinarians. If you can't even answer for me when you would cover for a LOSS (not that $2 crap for a profit you keep citing), then you are not a trader in any sense of the word. I'm sure you'll come up with some clever way to dodge the question again, but I really hope you do not honestly believe your evasive answers are ADDING to your credibility. My question is not some "dream" question. It is a legitimate question to ask a trader. Where are you setting your stops in the event of loss. I can't wait to see you wriggle out of this one.