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


To: HARLEYFATBOY who wrote (9854)2/2/1999 12:02:00 PM
From: Syncrude  Respond to of 10836
 
Nothing has been announced, the most likely reason is short covering as there were over 1mm shares sold short. Keeping a short position with the stock at $0.50 would not have been a brilliant move, given expectations of further corporate development in the future. Day traders also would have participated in the rally and we are now seeing the stock price retract, as can be expected.