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


To: IngotWeTrust who wrote (6181)3/5/1998 3:05:00 PM
From: c.r. earle  Read Replies (1) | Respond to of 10836
 
Unfortunately,

I am going to have to agree with Viper, (uuuuggggghhhhh) for the moment. The movement of the stock over the last few days coupled with the very large volumes did not bode well.

We need to seperate emotion from these positions and replace it with cold calculating facts. Just as when the price was increasing and the graph was positive, so know we have broken through previous supports. It is certainly negative short term, (the real outcome is anyone guess,) and do not try to pretend otherwise viper.

If you can manage the swings stay with it, but when you have a large short syndicate coming in against the stock, regardless if they are ethical or not (for that matter whether they are right or not long term is not really that important) what matters is the effect they will have on the price. Regardless of what KRY did short term, I do not think they could have averted this reaction in the market. Only a decision from the Supreme court could have done that.

And I would imagine that many took that position.

This could all change and KRY could still prevail. I am not going to pretend I know the answers. But if you can look at this from strickly a detached analytical perspective it will cause you less pain economically. But Barb is absolutely right it really does not matter why a stock is dropping. It is easy to get back in latter if the momentum changes.

Good Luck to all



To: IngotWeTrust who wrote (6181)3/5/1998 3:17:00 PM
From: Walter Kalin  Read Replies (1) | Respond to of 10836
 
Welcome Back. I guess your QTR had a nice run today <EOM>



To: IngotWeTrust who wrote (6181)3/5/1998 3:51:00 PM
From: viper  Read Replies (1) | Respond to of 10836
 
Grandiose made big bucks so did Bishop...everyone should check their
mailbox for the cheques he promised to send them if he was wrong.
My guess, he'll be in Barbados.



To: IngotWeTrust who wrote (6181)3/5/1998 4:15:00 PM
From: Bucky Katt  Read Replies (1) | Respond to of 10836
 
49r--You still keeping an eye on this one too, huh?