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: Today's Market

On OTC - Currently, Level II showing that the Bid is tremendously larger than the Ask. In light of the recent filings, it may not be exactly forthright. CRYXF running in pretty much a channel between 0.17'ish and 0.20'ish since the offering announcement. Golden cross at the beginning of the month has not boosted sp as technically indicated. OBV showing slight downtrend (distribution) since Oct 19, about a week after the offering announcement. RSI in downtrend, MACD Bearish, Stoch confused. Recent disclosure by Big Guys show them abandoning the common shares in Q3. Institutional holdings of common might be considered to be nil at this time. Make no mistake, this is fundamentally bad for a stock, so just be aware.

Market still contemplating over Greece and Italy. This is a Trader's Market, and there are many opportunities as long as one gets in synch. Retail sales up, and recent unemployment numbers look better (we'll see again if this holds true Thursday). But, has the US economy truly become better... Not so sure about that. Going back to the Euro mess, it appears they will be coming unglued in time. Get in synch with the Market, and one should do well.

Gold and Silver also awaiting the European outcome. Running in synch pretty much with the Markets, but may be safer in the long term. May also consider other precious metals. Or, even Black Gold - Oil. Inflation will help the price of commodities.

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