Post by
fdfd12 on Jul 09, 2020 1:35pm
WOW
What a timely annoucnment.
Does this mean that any time we have a sell-off, he will come
in with a NR and help the stock?
Comment by
37and4 on Jul 09, 2020 1:37pm
I think its important to remember that not only is Peter a top notch CEO with proven history, but he also has an investment banker background. He knows the game. He will will.
Comment by
MakeItRain1 on Jul 09, 2020 1:40pm
Hardest working short/basher in the buisness right here !!!
Comment by
fdfd12 on Jul 09, 2020 1:46pm
Sorry bud but I am long. Dont listen to others on this board
Comment by
MakeItRain1 on Jul 09, 2020 1:50pm
My opinions are formed based on reading your comments. You claim to be long but it's your indirect statements that give your true position away.
Comment by
Papaya112233 on Jul 09, 2020 1:51pm
PYR is gonna babysit the shareholders, in good hands
Comment by
fdfd12 on Jul 09, 2020 1:52pm
Look I showed proof earlier and here it is. I bought more shares at $3.25 here it is. I am long there is the proof so change your mind please. Buy PYR :CDN 5,000 5,000 0 3.25Limit 3.25 N Jul 09, 2020 10:33 AM ET Filled
Comment by
Takeactionnow on Jul 09, 2020 1:56pm
Not necessarily. The regulators asked for it this time.
Comment by
fdfd12 on Jul 09, 2020 2:02pm
You Sure takeaction. Usually they halt a stock if regulators ask
Comment by
tannin on Jul 09, 2020 2:03pm
Love watching those shorters panic.....
Comment by
Takeactionnow on Jul 09, 2020 2:12pm
They call the issuer and ask if there is anything that they are aware of (explaining the trading). A clarifying news release is then released, which clever CEOs use to convey a positive message. Halts don't occur unless news that will impact the market is to be released during market hours.
Comment by
fdfd12 on Jul 09, 2020 2:17pm
Yes but respectfully, I disagree. When the price goes crazy, then it gets halted (not because of circuit breaker) the IIROC tells the company to release a statement. I have seen it happen many times. On this one though I thought (not sure) Peter said because of investors calling him is why he is making this NR.
Comment by
Takeactionnow on Jul 09, 2020 2:29pm
When circuit breakers get tripped a stock is halted. On pending news (during market hours), at the request of the issuer, a stock is halted. Regulators can halt at any time if they choose. When market activity is unusual they call the issuer to discuss. Often nothing happens. Here, they asked for the press release.
Comment by
fdfd12 on Jul 09, 2020 2:34pm
My understanding is that they IIROC halts. Doesn't mean I am right, but that is the what I have seen all the time.
Comment by
Takeactionnow on Jul 09, 2020 2:42pm
All halts are by the regulator, but usually at the issuer's request. There is discussion that occurs between them and issuers all the time to determine if action is required. Here a press release was all that was needed, since there was neither a circuit breaking price movement nor material news requiring a halt.
Comment by
fdfd12 on Jul 09, 2020 2:47pm
Later on, I wil try and find a coulple of stocks which were halted becasue of crazy price moves
Comment by
Takeactionnow on Jul 09, 2020 2:55pm
No need. The regulators will halt a stock where there is suspicious trading activity, as opposed to simply significant price movement. They see all trading by brokerage (even trades using "anonymous"), and will speak to brokerage's compliance departments where necessary.