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


To: IngotWeTrust who wrote (6193)3/5/1998 4:24:00 PM
From: Jeff Briley  Read Replies (1) | Respond to of 10836
 
Funny how all the longs touting "this isn't a crash" slowly disappeared off the thread as the day progressed. I made the mistake of covering at $6 (was short 2K from $6 1/2). Had to take my grand and run. The further drop later in the afternoon only indicates to me that Asensio's claims may be true.

Here's the deal... for those of you interested. I've studied Asensio's plays and have found this is the best way to play them:

1. Take your short position the day the news comes out.
2. Cover half your position the second day.
3. Hold the remaining half for one month.
4. If you own a stock that Asensio issues a sell statement on, GET THE HECK OUT OF THE POSITION ASAP!!

Best of luck to all...

Jeff



To: IngotWeTrust who wrote (6193)3/5/1998 4:26:00 PM
From: Bucky Katt  Respond to of 10836
 
It's in a spread sheet of a bunch of stuff I follow. The war of words
is quite amusing!