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

Free
Message: Re: Gold down over $26

Oct 13, 2008 06:49AM
1
Oct 13, 2008 06:57AM

Oct 13, 2008 07:09AM

"This stock is very annoying as the market is now up over 450 points but we are down..."

I am not trying to chearlead or make excuses. One thing I see (again) is how "painting the tape" at the end of the day, even just a few cents, can cause the PPS to show a large percentage loss in the following day.

If you look at the chart, you will see we were heading for a .50 cent close on Friday but then a few shares sold at a higher price and we closed at .57

EOD Thursday we went from .55 to .60 which at the time looked pretty good, but then if you look at the trend line from Wed. noon to Fri. close, can you then summize that this is more of the same painting?

I think this is being done on pourpose to discourage new investment. If you are looking around in the morning for something to jump into, and you see red, maybe you just move on before you see one of the real reasons why.

So, in conclusion what I am trying to say is from the .57 Friday close we are now showing an eight percent loss , had the stock closed at .50 we would be showing a four percent gain.

2
Oct 13, 2008 08:02AM
Share
New Message
Please login to post a reply