Tuesday, January 9, 2007


2 days ago I wrote an article about Crystallex (kry) that was very condenscending about Hugo Chavez of Venezuela and his fickle treatment of foreign companies. The blog was picked up by Yahoo Finance and featured Monday. Within 5 hours of publication he did it! He nationalized the power and telecommunications companies sending many stocks in a tailspin. Crystallex dropped 18% within an hour.

I was stopped out of the position. I may pick it up again if the climate down there changes for the positive.

No comments: