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


To: Barry Cox who wrote (5812)2/26/1998 3:06:00 PM
From: viper  Read Replies (1) | Respond to of 10836
 
Thanks Barry, it shows a real commitment when no insiders own any
common stock except for free stock options that they received.



To: Barry Cox who wrote (5812)2/27/1998 9:44:00 AM
From: tanoose  Respond to of 10836
 
Hello Barry;

Can you tell me how many shares the "Red Glove" is holding??

With regards,Frank



To: Barry Cox who wrote (5812)3/15/1998 6:20:00 PM
From: Barry Cox  Read Replies (1) | Respond to of 10836
 
Well, I guess we can dispel the rumour that the insiders and employees were under "no trade" in Crystallex orders.

Oppenheimer picked up $290,000 in Feb. exercising $2.13 options which didn't expire until 2006. He still holds no common shares.

Daniel Ross picked up $139,000 in Feb. trading $2.13 the same options and he still holds no common shares.

Robert Nihon picked up $53,000 in Feb. selling shares then exercising Mar. or Apr. and June warrants.

There were 232,000 options expiring from Mar to July 1998 and 1,581,250 warrants to be exercised between Mar 6 and June 13 of this year.

It will be interesting to see what shows when the March insider trades are filed.

I would think whalen, Beliveau and the fund managers got rid of some of their June warrants and certainly the Mar 6 and April 1 warrants are at least in the box.

I guess the question for the shorters is, did they get all these options and warrants exercised on the two big trading days in March or will there be another pump before June.

The decision either will or won't be given next Tuesday depending on which rumor you believe, Grandich has made his money and washed his hands of this stock and so have I but it was interesting.