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


To: viper who wrote (6026)3/4/1998 7:08:00 PM
From: Mr Metals  Respond to of 10836
 
They're LOSERS/AMATEURS just like U.

E-mail: hotline@istar.ca

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Crystallex [KRY.T] - Day Traders Alert

Crystallex, currently $8.80, down $1.90, was the subject of an uninformed release from an organization (?) called Asensio & Company Inc. (http://www.asensio.com). A quick look at their website will tell you they are an amateur group with no clue of what is happening in Venezuela.

Crystallex is down more than $3 from its high of $11.85 on Monday and we believe this presents an opportunity for traders.

As well, we are expecting a rebuttal from Crystallex later in the day which could move the stock back to its previous levels from Monday-Tuesday. This presents a day trading opportunity over the next 24 hours as the stock has been oversold on the basis of a clueless group of half-wits from New York.

Technically speaking, as there has been no fundamental change, the stock should move back above $9.50 as there was very strong support there for the last three weeks.

The stock has already traded more than 1.5 million shares on the TSE and is likely being played by hundreds of professional day traders at this point so expect heavy volatility and massive, unexpected swings.

We will have more info and updates on this most interesting day in our Daily Bulletin after the market.

Insider Report

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Mr Metals