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

To: firemanvic who wrote (7854)	4/3/1998 4:41:00 PM
From: Andy	Respond to of 10836

Viper/Valentine... The answer as to why Asensio's attacks are NOT working: I knwo a large number of people now who actually enjoy the Assensio attacks now (sure the first one was damn gut wrenching and unexpected). We all have solid long positions and trade a % of this position. In my case I sold 30% of my total (100% of my trading) LONG KRY position at 7.10 yesterday, bought it back at 6.00, sold it at 6.25 (taking the profits by adding shares to my LONG position). I am many others are so totally committed to KRY that we will not touch our long positions and use the wonderful trading opportunity afforded us by Assensio to add to it! The shorts are simply unable to cover. When the stock dips, most of us Longs buy with our trading cash, flip out 50 cents to 1$ higher and use the profits to add to our SAFE Long position. I have increase my SAFE long position by 20% over the last 1 1/2 weeks. No one can have these shares until after the ruling! They are locked away in a cash account. I have money and bids in ready for the next attack (many others do too). In my opinion this is a hopeless short trap! Best of luck to you all. Andy