RE:RE:RE:RE:RE:RE:As I have said all along"Abandon all hope ye who enter here"
That should be the sign hanging above the school of thought that tells anybody that the stock price leads the company in any way.
Efficient Market Theory = Profit Prevention Theory
Know everything about the company inside and out. Research it until you live and breathe the company, and then.......
....ask yourself this:
"Do I believe the company will be worth more in the future than it is today?"
If no, move on and look elsewhere. If yes, ask yourself this next question:
"Is today's stock price a bargain versus the eventual value of the company in the future?"
If no, keep note of the company and check in again some other time. If yes, then buy and hold until the company accomplishes what you feel will make it worth more.
Anybody here who is emotional over buying at a higher price than what the current share is, in my opinion, doesn't get it, and is likely not cut out for this sort of thing. My PYR holdings have been up significantly higher than they are right now, and signifcantly lower as well, but that's fine, I am holding until the story of the torch deals, the drosrite equation, and the HPQ Nano vision play out before I even think of re-assessing my position in anything but the most ridiculous of price inclines.
Anybody here who is speaking as if the CEO is lying at every news release, or is trying to sew doubt about the legitimacy of the plan that is being laid out regularly for you, by an open and transparent(as much as legally able to be) CEO, that is our largest partner in ownership of this company, is not in this for themselves, which means they are certainly not in this for me.
It's a very simple program guys and gals, find a good company with a bright future, de-risk them with intense knowledge seeking, buy at a good price, hold, and sell at a hgih price. That is all it takes.
That's it.
Cheers!
Welderkev1 wrote: My prospect of $150m each is based on actual DD that said it would take 50 torches to refit 1 furnace. I've never posted a sp projection but I have said I haven't read anything that says $100/s by the end of the year is impossible. I have no doubt at all that you have lost a lot of money.
canyousayiii wrote: Yeah...no. A CEO saying things are great, and guys like you pumping the prospect of $150M individual deals around the corner with the stock moving sideways is not good enough to "shut me up". I don't know how long you've been investing, but I have spoken to many CEOs over decades, and lost a lot of money on great stories. And I also know how regulations and disclosures work.
Welderkev1 wrote: except that there is no information at all to suggest that any of the fears you call "a dose of reality" have any merit. In fact peter's latest statement that if there were anything wrong he would have to news release it should be enough to shut you up, but you just keep doubling your efforts?
canyousayiii wrote: Always be weary of those questioning why someone is trying to assess reality. I'd rather listen to a fella like you than the one that continually says how great things are knowing that markets usually sniff something out. This is simply wait and see. It is Peter's stage, we sit and watch.
patrickp wrote: same here. people hating on you telling the truth... i am not a shorter as well, i have invested a good amount as well, and it is our right to critics how things are going if we are not satisfied. For those telling me to sell my shares, will you pay for my losses ?