Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."

On OTC - Gap down, then little pop up, while OBV slides. After a downtrend, there is always some upside, from cost averaging and new spec blood getting in. Appears downtrend is intact, so be aware. MM's still pushing way too hard. Speculate Monday's action was due to cold calling and may still be going on. Lots of dentists, lawyers, etc., who do not have the time to do DD. Most retail in the Market do not have the benefit of DD as those here. Still no formal PR in US of CCAA, buried over the weekend as likely intended. Still no reinstatement on TSX. Yesterday's court filing was more feel good for shareholders than actually good. Liquidity is one of the shareholder's greatest assets. A filing forcing trading on an alternative Canadian exchange would have been much more appropriate.

S&P/Dow - Italy came through with slightly better rates. Jobless claims better. Green should be the color of the day. Friday may be the end of the Santa Claus rally. Choose wisely and stay diversified.

Gold Silver - Bear mode. Black Gold and commodities may be the better play for the near term.

Please login to post a reply
jcwillis
City
Fairfield, California
Rank
President
Activity Points
14872
Rating
Your Rating
Date Joined
01/03/2008
Social Links
Private Message
Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
Create a Post