RE:NOW for the bad newsYou must be really worried!!! The MOC was priced over your numbers when published at 3:50 and the fact that about 500k shares traded hand/s after 3:50 at higher prices makes you think its going to start back below the initial price of the MOC?
According to iirroc the consolidated short position was at it's highest ever in Canada when last reported (May 15th)
According to the BMO Technical Insight tool pyr is showing 19 bullish signals and 0 bearish ones and has a target of 4.30-4.60 per share.
Why do you think it will open/drift around 3.10?
GLTA
fdfd12 wrote:
It was between $3.08 and $3.10 at 3:50PM when the MOC numbers came out.
Right then and there the computers saw that and jumped it to $3.22-$3.25.
Then the MOC brought it from $3.25 to $3.35,
Remember PYR was $3.10 right at the release fo the MOC numbers.
That $3.35 close is only based on the high MOC.
Therefore, we can expect it to either start or drift around the $3.10 level early tomorrow.
The jump to $3.35 because of the high MOC numbers is an artificial jump.
The stock should come down early tomorrow.