RE:Shorts cannot cover ...On no news, this is clearly shorts that have been caught by surprize. We've seen this pattern many times on other stocks.
Shorts in Canada will have to cover. So the stock price will continue to go up because of their turn to have to cover. But in their case, they will already have a deficit of 70-80% in the share price to overcome even before the market opens. And because they will be many, then each of them will bid higher to make sure they cover. So the share price should go up substantially.
I think we'll be many to watch tomorrow, at the opening. Should be a nice firework.
In March 2017, upon a tiny HC approval for the VMS 1.0, VPT went to 0.09$ to 0.92$ in one day, with something like twice the amount of shares outstanding. Shorts had been caught by surprized at that moment. But what could be different with PYR is that we know there are thing that are coming up. VPT back then, was just a HC approval with all the sales force to be developed.