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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: Re: Exited at .91 (interesting math)

May 12, 2008 12:07PM
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May 12, 2008 12:15PM
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May 12, 2008 12:16PM

Re: Exited at .91 (interesting math)

posted on May 12, 2008 12:26PM

I really try not to be negative to other's post, but I can't just sit here and not say something.

I find your math to be very interesting. You start this morning (see below) from zero, buy "35k at .7 and 4k at .8" and make "10g in profits for one day". My math say:

"Exited at .91"

is closer to $7,790 than $10,000.

That makes you one heck of a trader and a magician at the same time, in my book. But then again... what's a few grand here or there when it comes time to "TRY" to impress others?

Source:

Re: Anyone else buy early today

Posted by: kryDDguru on May 12, 2008 12:06PM

In response to: Re: Anyone else buy early t... by oldfool

yes, me...35k at .7 and 4k at .8. I had been all out. may take profits as that is the tendency but I will tell you that I just live the news out of VZ today and over the weekend that a sell for profits may not be warranted just yet. The plan was at 1.2. please note, I am of the firm belief, after saturday now, that this mine will go forward as planned, especially with the AN now on board again.


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