Don't forget KRY short 12,000,000

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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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Gil

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Don't forget KRY short 12,000,000

posted on May 15, 2008 11:36AM

If KRY were to go to $2.00 in the next 2 weeks which is very, very likely those shorts are potentially looking at $12-18 million in losses assuming they can cover everything at 2. If not the losses will be even greater.

Those shorts are in very big trouble and will try any fake to get out of the mess they are in. This looks more and more like a short covering circus.

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