Is Patience needed with PYR to get Google like returns My previous post in response to the suggestion that time is needed, like it was for Google to see maximum results. Instead of hypothesizing, let's look at the facts and try to see if there was any parallels
google
Revenue
2005 6.4B
2015 75B
Profit (NOI) over the same period 1.5B increase to 16B
That’s almost 1000% change
PYR?
As the Globe and Mail article says succinctly:
“The company has never made an operating profit in a dozen years as a public company, and the shares are down 93 per cent from the February, 2021, highs. The big winner at PyroGenesis, instead, seems to be the Pascali family. At least, for now.”
https://www.theglobeandmail.com/business/commentary/article-pyrogenesis-quebec-regulator-fraud-allegations/?cmpid=rss
Just remember these are allegations, and need to be proven, so innocent until proven guilty
all IMO
Do your own DD
Fundamentals matter.
Declining revenues, lack of profitability, or risks of running out of working capital and liquidity issues. This compounded by allegations of fraud by Quebec, regulators, and ongoing sales by the trust don’t help.
As Benjamin Graham said: in the short term, the market is a voting machine, but in the long range it’s a voting machine.
All in my opinion, just for entertainment, not for investing advice, and don’t trust what you read here by me or anyone else. Use your own due diligence,