CRYSTALLEX INTL CORP COM (fka CRYFQ)

[jcwillis]

Suspended Stock SP Typically Lose 90%+...

So, the way CRYFQ opened makes sense if believable. Fat finger trades happen all the time, and it may actually have been a nickel first trade. Regardless, poking around in the dark without any bid/ask guidance is tough. As the first trade showed, those wanting to liquidate a lot of shares have to take whatever they can. My understanding is that both price and vulume must match for a trade, but those with market orders will get their volume broken up.

Will see lots of volatility with a good size gap for a little while depending on how optimistic the sellers are. Probably will continue through maybe middle of next week. Then volume will drop off over time and it become illiquid. Nothing worse than being a stuckholder.

Small positions do have better luck in being optimistic. Today's upside, on a couple of thousand shares, will give hope and maybe even get more buyers out and buying. There always seems to be an upside moment for a suspended stock, from "value" players.

In the end, where volume goes, shareprice follows.

GLTA