Re: Stock price not reacting to wonderful news?
in response to
by
posted on
Jun 02, 2011 10:28AM
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
The MOC takeaway saw sp lose about 50%, from about 0.30 to about 0.15.
The delisting announcement saw sp lose another 20%, from about 0.15 to about 0.115'ish.
Delisting might have already been baked in, but not so sure. There are always folks who are unaware of the news and perform no DD looking for a "cheap" gold (or whatever) play.