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


To: flightlessbird who wrote (5766)2/26/1998 11:21:00 AM
From: charred  Read Replies (2) | Respond to of 10836
 
Flightlessbird.

At the moment you have 10,000 shares priced at $10. This equals $100,000. Lets say you have another $10,000 that you want to invest, you should put in a short position.

If you take a new position and sell 1000 shares today at $10 this equal $10,000. If KRY loses the case the stock crashes to $2 you buy 1000 shares for $2000. Your profit is $8000 with a $2000 investment. That is 4 times the original investment. Now if you would buy today 1000 shares at $10 and KRY loses you lose 80% of your investment. If KRY wins and the stock rises $5 you only make a 50% return. If you short 1000 shares at $10 and KRY wins you can the buy the shares at $13 and lose $3000. Such a high roller such as yourself should have $10,000 to play with. I really don't believe you have 10,000 shares. You are too stupid to have that much. People with money never tell what they have. You are such an idiot.

As I pointed out the stock at the moment has a 400,000,000 market cap. Why do you think the market cap will be $1,000,000,000? I showed why it can't. I want you to show me your numbers. I believe you can't. The thing is you know nothing on how to price a junior resource stock. Nothing. If you listen to that idiot Roy Carson than God help you. Tell me why 1 billion market cap. You still haven't.