boss, good thread..i always like the "valuation discussions" thats the only reason i'm interested in kry. the reward part of this risk/reward scenario is just rediculous. these are my replies to some of the posts.

re: KRYING post about massive selloff post permit: krying, imo the only "traders" looking to get out with a "breakeven/small loss" will be small inexperienced retail that dont hold a tremendous percentage of shares while larger traders/institutions will be buying, it will all come down to volume and the volume will be big..it's just not good strategy to hope for a permit so you can get out even. if you are going to trade a stock then put in a stop loss at say 10% and cut your losses, if you believe a stock will be successful then try to average down or hold it until your sell level is reached. the post stating that many will sell say 50% of thier holding and let the rest ride is more probable but there will be a large buy demand and the average cost basis will be higher.in all likelyhood (assuming kry is allowed to produce LC) there should be a large spike in PPS at permit issuance (settling at at least $8 imo) followed by some excellent trading opps and a gradual increase until production (where boss's $20+ is a real possibility).... jmo

re: GW....i did'nt know anyone else ever read about jesse livermore (famous short, you know he committed suicide and died broke), i think jack kennedy was one of my favorite traders (mostly gut feelings based on public perception)...

thanks to all for a good read!