Interesting Recent Upside Crystallex Trading Over HC's Demise...
Huge risk for an unknown reward. Risk being a revocation of the ticker shares by the SEC. Of course, the shares are fungible with the Canadian Market, which is currently not trading. So, that is not the risk here.
Cannot imagine what a buyer's thinking might be considering this being a suspended Grey ticker. Upside over someone's death seems a bit morbid, but for an SEC suspended ticker kicked to the greys, and now threatened with being revoked, seems overly risky. Although it is a lotto ticket and anything can happen, and one might typically see this type of upside trading in Pinks. But being in Greys seems way too risky especially with the Grey statistics being what they are.
Plus, keep in mind, the Canadian Market historically has followed whatever the SEC has done to a ticker. So, the likelihood of it being revoked in the Canadian Market becomes very likely if revoked by the SEC. And should an SEC revocation occur while not trading in Canada, holders become, well, stuckholders and cannot salvage anything. Whatever. Maybe those now buying know what they are doing. The whole thing stinks that long-time shareholders were put into this position because it was "forgotten" by Crystallex management to do an SEC filing, when financials had been completed for the Canadian Market all along.
Just seems way over-the-top risky to be buying more or entering at this point.
GLTA
