Kry opens up $.10 on over 100m sh and gets pressure to the downside on medium volume. Those early buys new something -possibly word of the conferences manana. Price action is similar to the day before Gutierruz statments in OCT the next day sending Kry up 10+%. Things are in the works.
The Co can't say anything to anybody - i.e. insider information.
Technically Kry is almost finished with a bullish flag - starting with the Oct.- 10+% staff of the flag. Kry has retraced approx 50% from the $3.50 recent high, inline with the bull flag.
Down pressure we have seen is 1. shorts who have been short since the $2 range when all the nationalization talk was in the air(why now sell a $3 stock with all the positive news?) 2. answer - a company who has a Kry & Grz buyout in their sights(if Kry was $5 or so before anouncement mgmt & shareholders would demand a higher price) Right now Kry has dropped close to $.20 from open - looks like the day before the Oct statement.
Some brokerages will not lend an under $5 stock to shorts, but those that do are prohibited from lending if stock is held in a cash account. I would guess the longs on both boards would be holding sizeable volume - enough said?
The slingshot bands are really stretched.