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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Short Interest and recent pressure.
posted on
Nov 29, 2007 11:46AM
Short interest 6.382mm shares as of 11/15 vs 5.5mm shares on 10/15. With this weeks movement, I'm sure the shorts have increased their short positions
The downward pressure we've seen recently has not been all selling.The shorts are digging themselves a bigger hole. It's almost 3days to cover. I believe the permit will come out of the blue leaving the shorts scrambling to cover.