Fenalet, this is the way I look at it. June 7,8 and 9 KRY traded approx 83M shares between the 2 exchanges for those 3 days. June 30 there were 70M shares bought in the bought deal which from what I understand could be sold back at any time.

We know of a few funds that have increased their positions in that time ie Greywolf, West Face Capital and Pyramis being the largest.

Then you take a look at the volume since those 3 days very low comparitively. My take away is that nobody is selling except those who cannot stand the wait thus where we are now in the sp.

The second qtr has been reported by most large institutions and funds which would include the June 7 announcement in that 2nd qtr time frame. As of yet I see no large holders that sold at that time of any large amounts.

Here is the SEC website that you can use to check out who reported KRY holdings. Just type Crystallex in the search. What I usually do is compare their 1st qtr reports to the 2nd qtr to see if they have added or sold.

West Face Capital actually reported 12M shares held in the 2nd qtr however on 7/14 they filed a 13G that said they then held 19M so they must have picked up another 7M somewhere along the line...maybe the bought deal?

http://searchwww.sec.gov/EDGARFSClient/jsp/EDGAR_MainAccess.jsp?search_text=crystallex&isAdv=false