KRY - Sector: Basic Materials --- Industry: Gold & Silver

[wrangler]

Friday's Small-Cap Winners & Losers

By Sarina Penn
TheStreet.com Staff Reporter
10/26/2007 5:39 PM EDT

One of the most heavily traded small-cap winners in a buoyant Friday session was Crystallex International (KRY - Cramer's Take - Stockpickr - Rating).
Shares of the gold miner shot up 17.4% to $3.10 on promising news regarding its ongoing attempts to get construction and development permits for its Las Cristinas project in Venezuela. After holding hearings on the issue earlier this month, according to the company, the chairman of a Venezuelan National Assembly commission "reiterate [d] demands to the Ministry of Environment to grant the corresponding license, thus allowing the mining development to begin."

[setravis]

Bought KRY Friday @3.21 Chart looks ready for the next run up

Getting a lot of buyers on this one today. Shouldn't be to much longer till it gets back at my buy price. Over 10 million shares so far.

Gold will continue in a Bull Market.......
KRY will one day have it's day.

Wrangler,
I think you made a smart investment move... Applaud !!
The indicators are looking great on the chart.
Traded 5 X avg. volume today... ...Volume don't lie !
KRY is the company sitting on the huge gold mine, awaiting an environmental permit from the Venezuelan government. It appears that permit might be nearing. When it comes, the stock will probably double within a few days. JMHO of course, Do your own DD !

52wk Range: 2.22 - 5.25
Volume: 13,973,000........
Avg Vol (3m): 2,446,860

Technicals
Close Above the 50-day MA.......
Close Above the 13-day MA.......
Most Actives
Percentage Gainer

Last Price Quote is:
9.25%above 13-day MA
3.48%above 50-day MA
RS Rating: 14 

Fundamentals
Key Data:
Market Cap (M): $660.93 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 11/13/2007
Last Analyst Rating: N/A

Ascending Triangle (Continuation) Pattern
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless of where they form, ascending triangles are bullish patterns that indicate accumulation.

Because of its shape, the pattern can also be referred to as a right-angle triangle. Two or more equal highs form a horizontal line at the top. Two or more rising troughs form an ascending trend line that converges on the horizontal line as it rises. If both lines were extended right, the ascending trend line could act as the hypotenuse of a right triangle. If a perpendicular line were drawn extending down from the left end of the horizontal line, a right triangle would form.

In contrast to the symmetrical triangle, an ascending triangle has a definitive bullish bias before the actual breakout. If you will recall, the symmetrical triangle is a neutral formation that relies on the impending breakout to dictate the direction of the next move. On the ascending triangle, the horizontal line represents overhead supply that prevents the security from moving past a certain level. It is as if a large sell order has been placed at this level and it is taking a number of weeks or months to execute, thus preventing the price from rising further. Even though the price cannot rise past this level, the reaction lows continue to rise. It is these higher lows that indicate increased buying pressure and give the ascending triangle its bullish bias.

[wrangler]

Thanks Setravis for confimimg my thoughts on KRY. I'm really counting on the approval to start mining development of Las Cristinas
After Hours for KRY
Last: $ 3.13   After Hours
High: $ 3.15 
After Hours
Volume: 54,100   After Hours
Low: $ 3.08

[wrangler]

Trying to breakout,,had a high of 3.50 but has since pulled back to3.33 if it doesn't today maybe tomorrow. Volume still looking good

[labatts6254]

I bought some JAN08 calls for KRY; awaiting for that rewarding press release. ;P  Good luck all.  Lots of volume again today.

Cheers,

[wrangler]

I bought some JAN08 calls for KRY; awaiting for that rewarding press release. ;P  Good luck all.  Lots of volume again today.

Cheers,

Don't know anything about options,,hope to learn one of these days.
Goodluck with your trade

[setravis]

These low-priced stocks will outperform the market.......Make some change 
Crystallex International (AMEX: KRY)
Zix (Nasdaq: ZIXI)
Beacon Power (Nasdaq: BCON)

KRY, Base + Possible News (Long Recommendation)
If they get the permit from the govt, this thing will fly. Upside way higher than downside risk.


52wk Range: 2.22 - 5.25
Volume: 9,486,900
Avg Vol (3m): 2,506,540

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
13.83%above 13-day MA
11.16%above 50-day MA
RS Rating: 27 

Fundamentals
Key Data:
Market Cap (M): $660.93 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 11/13/2007
Last Analyst Rating: N/A

[wrangler]

Hi Setravis
Have you got a position in KRY. I think it will be a home run. Volume tells the story that is about to happen.

[setravis]

Hi Setravis
Have you got a position in KRY. I think it will be a home run. Volume tells the story that is about to happen.

Oh yes !

[wrangler]

To all holding JMO : Classic example of some taking off the table. Compare volume so far today with last two days and you'll see,,traders taking some profit to look for another trade and keeping the rest. There's no reasong for the fall other than that ..Could also be some stock manipulation by M&Ms to get some nervous investors to sell so they can grab their shares.
As for me and my shares,,,I'm holding

[Mo~Money]

I like how things are looking here and will be taking a position tomorrow if the price is right(under 3$).. Good Luck Boys!!

[wrangler]

I like how things are looking here and will be taking a position tomorrow if the price is right(under 3$).. Good Luck Boys!!

Goodluck if you can get it below 3.00. Todays fall didn't scare that many. There might be one more down day but I don't see it lasting for long.
The only thing that will bring this down will be some negative report of some kind.

[wrangler]

I like how things are looking here and will be taking a position tomorrow if the price is right(under 3$).. Good Luck Boys!!

Goodluck if you can get it below 3.00. Todays fall didn't scare that many. There might be one more down day but I don't see it lasting for long.
The only thing that will bring this down will be some negative report of some kind.

Just got in from work and seen how KRY traded for the day and seen it went down as low as 3.01. Mo~Money has me wondering if it might fall below 3.00 so I decided to take another position if it does. The chart att. will show my trading plan. If my buy gets hit tomorrow I'll have to wait till after work to set my stop loss so hopefully it will come back up or not drop below that till I can set it.
Goodluck trading
The order will be a limit order as always,,Never use Market orders especially overnight market orders

[Mo~Money]

In @3.02 today, called it close enough looks like the consolidating is coming to a close.. Glad to be with ya boys, lets make some dough!!

[dcapretta]

Hello! ... mind if i tag along? i have a position in kry also been setting it up for about a month now.  i'm sitting around 3.02 myself. i'm new to the market, well about a couple years into it.