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


To: viper who wrote (6177)3/5/1998 4:26:00 PM
From: Robert A. Sutherland  Respond to of 10836
 
You misunderstand...

Avant! has a substantial value outside its litigation. It does not
have "zero value". Crystallex is the same, though it has potentially
greater additional value because of it's "special situation".

Volatility attracts traders, especially short traders. Since
Crystallex has now attracted the likes of M. Asensio, it will
be more volatile, with the potential for a short squeeze.

I will play both sides, and hope to emulate Amerindo and Fidelity
in their efforts to squeeze Asensio when the time comes.

Emotion degrades skill in a battle. Try to emulate Ms. Payne or
Mr. Nicholson. Both are enviable traders, but maintain their
ethics.