Welcome to the Crystallex HUB on AGORACOM

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: Lurker...

I'm not gonna sit here and debate why I choose to play KRY options. You see zero chance of making a dime off of something that I feel has great potential. I have watched these options trade for years and my decision to trade them, is not made on a whim. I have seen the way the price has been inflated at the drop of some good news. I have made money on a few plays where I have bought in at .10 or .15 and have flipped at .40. With 200 contracts/$2,000. investment, selling for $8,000. That's good money and not stupid.

I don't take offense to your stating KRY is a poor options play. I disagree, and that is my right. The play is not for the faint of heart or those who cannot afford to lose their initial investment when the contracts expire worthless. It is a chance I am willing to take, for the opportunity of hitting another triple+. When you think about, KRY common is a tough play as well. Yet here we all sit.

I have a higher risk tolerance than most, but that does not make me stupid.

Pam

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