6.12.2006

TECHNICALS -KRY

Congratulations to all of the folks who decided not to buy the KRY recommendation from the carnival barker. Please note the homework from back in early April when Cramer bulled it. Note the headlines as the stock drops 35% and fills all the open gaps:

"Venezuela may seek a majority control in mining ventures under proposed changes to the country's laws regulating the extraction of gold and other minerals."

1 Comments:

Blogger John Wheatcroft said...

Of course it rebound back to $3 on heavy volume. Basically lost about 80 cents. There was more volume on the rebound buy than there was on the crash. Not that Cramer had anything to do with it but apparently someone out there doesn't think the news is that bad. Don't know who.

3:26 PM  

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