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


To: Mama Bear who wrote (6462)3/7/1998 9:01:00 PM
From: flightlessbird  Read Replies (2) | Respond to of 10836
 
Babs: as expected, you ignored my entire point. By focusing on the potential gains of a short position, you completely ignored that my point was with RESPECT TO THE POTENTIAL LOSSES OF MR. A.'S POSITION. I fully agree with you that you can make money much easier and faster with a lower priced short BUT THE CONVERSE TO THAT IS THAT YOU CAN LOSE IT JUST AS QUICKLY AND LOSE THAT MUCH MORE OF IT WHICH YOU SEEM TO STILL CONVENIENTLY IGNORE!!! Why won't you address that point? Seems that your risk analysis really is warped. I'm asking a very simple question: can you appreciate that a lower-priced stock has a greater risk factor when shorting? You truly fit the mold of Assensio. Squirming out of every pointed question. Mr. Viper did the same thing. I asked him at what point he would cover for a loss if KRY moved against him. His response was that he would cover at $2US. When I asked him again at what point he would COVER FOR A LOSS IF KRY MOVED AGAINST HIM (since I did not ask him at what point he would cover for a profit), he finally said "since he hadn't entertained that that were even a possibility, he wouldn't be able to answer me". I did not ask you what the benefits were to shorting a low-priced stock. I asked you what the risk was. How much more could you possibly squirm under the spotlight?