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


To: marcos who wrote (8824)6/11/1998 12:34:00 PM
From: Jon Warren  Read Replies (1) | Respond to of 10836
 
I agree,

a few months ago the stock hit close to $12 on rumors of a positive decision. If the decision is imminent then insiders will know which way it is going. The sell off with no buyers is a the indication that KRY has lost. The only buyers are Greenliner's who have no inside info . This will be another black mark for the exchanges and with the major markets heading for a severe correction the market might flounder for years. It took 25 years before people felt confident enough to invest in the market after the 30's crash.
Also since most resource stocks are trading about a third of what they are worth KRY should hit below $1 even though their cash value is around $1 per share. There are many mining stocks trading below their current cash value.

JW



To: marcos who wrote (8824)6/11/1998 1:02:00 PM
From: CancerMan  Read Replies (1) | Respond to of 10836
 
marcos marcos marcos.... *rumors* *sources* how many times have I seen these words on this thread and on stockhouse for both pro and con. None of them have come true. *learning to play the game*. On another note, I guess the ruling won't be out until next week, Tuesday? Or the fall? Anyone know when they break for summer holidays?