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: Grey Trading

Probably no trades for a bit until bid and ask happen to bump into each other. CRYFQ traders are trading completely in the dark. There is no quotation system and so no Bid or Ask. There are no Market Makers. Shorting is not allowed, although those holding shorts before the suspension can still cover.

Traders have to call directly in to their broker to find out what their broker's current bid-ask is. Fees to trade may be more than usual. The Broker tries to make the deal inside so they collect both sides of the trade fees, and are supposed to go out to other brokers but there is no incentive.

Trading is pretty much the same as the big show, and trades can be limit, aon, etc. However, the more stipulations put on a trade, the less likely it will fly. Market orders move first.

At this point, Sellers may be too optimistic, while any Buyers want to take advantage. So there is likely a huge gap. Once the first trade hits, the volume may become significant.

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