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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: INTERESTING REPONSE to VHeadline interview of Agapov (Reverse merger with KRY)
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Hondo,

IMO, Zacks had a big part of the recent move in KRY sp. Here is why...

Zacks came out on Dec 26 and KRY sp jumped big the next day, along with very significant volume. My experience is that KRY news usually needs some time for the news to sink in or to get out there. So, it was not surprising to see KRY again move on Jan 5 because folks coming off vacation had digested the upgrade and decided to get in. This time, sp jumped even bigger with significant volume.

The Zacks upgrade brought out the speculators, and KRY sp benefitted. However, Be aware that Zacks bases their upgrades on changes in future earnings. Since KRY does not announce future earnings (let alone had any pr's changing future earnings), there is no tangible basis for the upgrade. Subsequently, the big pop and then drop.




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