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


To: Fulvio Castelli who wrote (6423)3/9/1998 12:11:00 AM
From: Robert van Mil  Read Replies (2) | Respond to of 10836
 
Fulvio, hey, can I also take a little of the credit for the more gentle you? Looks good
on you. I just finished catching up with this forum, it seems that the urge a lot of people
have to get Barbara interested in the facts of the case from a different point of view has
gotten a lot of people digging deep. I am afraid it is a lost cause though. Her position
makes a lot of sense, only because at the end of the day, it doesn't matter who is right
or who is wrong. The only thing that matters is how the market reacts to the
information. In this case Asensio coming on the scene with a sell recommendation has a
predictable effect, and that is all she needs to know or believe in to make money. In
that she is right. It also doesn't seem to me all that relevant who Asensio is or how
often he screwed up in the past, or even his motivation in this play. It would be far
more interesting to see how other company's did after a sell recommendation by him. To me, looking at some of the earlier recommendation he made, Barbara has a good point,
there is a definite similarity in how they react, and how investors react to it all. Even if
you firmly believe in KRY, this is not information to be discarded, as ,if KRY proves
to be legit it can greatly work in our favor.
I for one do think KRY has a very legitimate claim, and management that has been
carefully selected to be able to stand up to scrutiny.
At 11.00+ the risk/reward is not very good, but if Asensio history repeats itself, there
will be far better buying opportunity's on the horizon, and if you are long, selling some
at this price could allow you to pick up at a better price later. ( or dare I say it, short
some)
Kind of like , why fight it, if you can make money on it.
All the best, Robert