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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: Friday's Trading, No SP Pop

Friday's Trading, No SP Pop

posted on Apr 19, 2008 07:22AM

I feel we are in decent shape without a sp pop. I may be wrong, and I know you disagree GW. For your honesty, I have adjusted your star rating. In a good way. ;-)

But, my reasoning is that sp now has no Sunday expectation built in. So, without a mention on Sunday, sp should not get hit as hard Monday. Less possible downside. A Sunday Alo mention of KRY or LC is good regardless of sp popping Fri.

I want to take all I can get in rising sp also. But, my thought is that patience wins the race here. Taking a short term gain involves selling. A Friday pop with the possibilty of Sunday news makes it extremely difficult to take profit.

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