RE:Caveat Emptor* Says the basher that tried to warn everyone at one dollar share price! You have absolutely no idea what Pyrogenesis even does. You are not getting any of my shares!
suomynona wrote: The true value of Pyrogenesis is surely not north of half a billion dollars; a simple tell is that PYR pays to advertise to traders ...and on Stockhouse of all forums, seriously?
But with only half of the shares floating, the run up is certainly a handy way for PYR corporate to raise money without going to the market "shylocks" ...so y'all just make sure you're covered.
This isn't bashing; plenty of money will be made trading for another few months even if the chart goes roller coaster progressively downward ...to around 2 dollars, maybe 2 and a half if there's a buyout -- which was a very nice return on a 55 cent investment, way more than covering the nut.
So sharp traders, carry on ...newbies, hold on to yor wallets. There's still a ton of money to be made, but it's more satisfying to rook a crooked compatriot. Game on.
*The phrase caveat emptor refers to the situation that buyers have less information than the seller aka 'information asymmetry'.