KRY Was Up Big Today

Home / Stock Comments / KRY Was Up Big Today
March 28, 2007

Although I’m not in KRY anymore, I do track it. KRY was up 27% on the news that GRZ received its environmental permit from the Venezuelan government. The same permit KRY investors have been waiting on for forever. GRZ was up 50% on the news and I would expect KRY to be up even more on the same news.

Unless the permit comes soon, KRY could give back some of this 27% move by Friday. After that small pullback though it might be the place to buy it. I think KRY can get over 8 bucks on similar news.




Related Posts

Went To 99% Cash Except For GFI Calls
Gold Stocks, Solar Stocks, Technical Analysis, Trades
I decided to cut everything. The SOL, JASO, SOLR, and anything else I had, which wasn’t much because I sold half of everything earlier in the...
I Am Early
Market Comments
I talked about looking for the this kind of bounce on May 23rd. With the futures up overnight it looks the market might string together a 2 day run....
Now It Gets Tricky
Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
Dumb luck catching all these moves right? Now it gets tricky. For the record I sold the MT calls this morning for 44% and closed my 2x index longs...
Silver and Gold Broke Out
Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
Silver and gold broke out. The charts have been saying this was coming. However, the issues with the Euro are probably what is really pushing this...