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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: Re: Yuck, Not to pretty today!
1
Mar 03, 2008 07:48PM

Yes and No.  The $2 barrier held but we had some late buying to bring us up. Tomorrow I think we'll open lower and press the $2 again.  If it holds, that's a postive.  If not, we'll likely see some stops taken out and a rush downward.  I have to beleive people with big money are buying the shares they shake from weak retail and that they won't want this too low.

We all know how this stock flows in the absence of news.  While I am not ruling out the possibility of a new 52w low, I will be buying anything below $2 and averaging down for the inevitable rebound.  I would just wait for the stop run before I pull the trigger.  You see it with a suden and violent rush downward even if only a few pennies, but it will be below $2 since most of the fools who use stops will put them at $2 or $1.99.

 

 

 

 

 

1
Mar 04, 2008 08:21AM
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