CRYSTALLEX INTL CORP COM (fka CRYFQ)

[Curse]

My guess is the bondholder appeal loss took us back to the 13 cent area where we were before all the appeals started. And I agree this latest push higher is a result of some spec players figuring Capriles just may win and settle with Crystallex. Today was the first day a mainstream financial toad said Capriles will win, but it did not take much looking months ago to see this election would be tight.

Do they sell the news? Definitely if Hugo wins, not so sure about if he loses. As far as the stay. I will stick with two options for now. The bondholders saw this coming and pushed for a reasonable settlement or the judge wanted to see an effort made and will kick the can down the road. The option I rather not think about is management rolling out the red carpet after beating them at every turn. Bottom line is Crystallex may surprise huge to the upside in coming days. No predictions, just waiting to see how it plays out.

As far as China. I think they are just hedging their bets knowing Hugo loses or dies soon. It will be harder for Capriles to take LC away if a deal is signed and some monies paid. Sure it may cost them a few more dollars in fees later but that is just a part of doing business. Hugo had no political incentive to sign this deal 3 weeks before the election so he is worried about something in my view. Im sure it revolves around money.