Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: Hve to watch into close

Mar 03, 2008 02:24PM

It depends on how long we go with no more news. I didn't think we would break the last $1.87 low and certainly not the $1.66 low.

History shows this stock just keeps sliding on no news without a let up until technical bottom feeders jump back in or we get a rumour pump.

In reality, I think youre right but I still won't be surprised if we keep going down without anymore news. I'll be buying heavily starting at $1.85 but won't be surprised if it goes lower.

We are already way oversold and have been so for a long time.

I'm not trying to be pessismistic, just realistic based on the last 2.5 years I have traded KRY and especially the trading since June 2007.

Best to be prepared for all posibilities.


Mar 03, 2008 03:37PM
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