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: Risky Trading

Risky Trading

posted on Sep 05, 2008 06:06PM


I think the CJR Mutual Fund is a bit too big for all of the MM's to help it out. Moving Billions of shares at a time is too tall of an order for any MM. That's why they balk. Of course, ya need to loosen up the ol' purse strings to make it worth their while. A bit of adjustment to the books is necessary, but you know the drill ;-D

Normal GEOY vol 150-250k. Well above avg volume of 1M today, with nearly 300k in last couple minutes. After hours 75k moved. sp stayed flat today and ah despite the large volume. A successful launch may already be baked into sp, but likely not.

Hmmmm. Somethings up with GEOY. Ya think? Launch can be viewed on the GeoEye web site, Sat Aug6 11:50:57am pacific.





Share
New Message
Please login to post a reply