Post by
Olderguy1 on Jul 24, 2020 12:46pm
Stock rises dramatically on lame news
Pyrogenesis rose close to $1.00 on news that their Drosrite customer is paying his bill and living up to his end of the contract. That is pretty weak news.
Comment by
Welderkev1 on Jul 24, 2020 12:48pm
That should put it into perspective then on what's going to happen when real news hits!
Comment by
stvnjmz on Jul 24, 2020 12:49pm
"In fact, none of our contracts have been materially affected by COVID-19 and are all progressing as expected.”
Comment by
developbc on Jul 24, 2020 12:52pm
Exactly. Funny how many read the same sentence but will still some don't not fully get it. Hence not everyone in class gets the "A". Time will tell how real that statement by Pete is...very soon is my bet :)
Comment by
GoldenArmVonD on Jul 24, 2020 12:53pm
This from the same Gent who thought on a stocks initial halt it would be shut down for a day.. and that Pyro was setting themselves up for a take over.. That ignore button is just off to the side folks
Comment by
tannin on Jul 24, 2020 1:02pm
With massive contracts pending, who knows what's really behind the sp rise. Could be other hugely positive news....like metal power contract...or contract and spinoff...
Comment by
ArnoldLayne on Jul 24, 2020 1:01pm
You can add a lot of short covered and still covering hence the ever higher price. Once buying pressure will cool down, shorters will attemp another try and the bounce back will come immediatly. Shorter havent had it easy on here. They will try to short again. Rocket fuel
Comment by
CountryChic on Jul 24, 2020 1:05pm
For their sake I hope they did! This current market is illogical in many ways and with so many 'investors' out there big mistakes are being made.
Comment by
gigNova on Jul 24, 2020 12:59pm
Sounds like a shorter getting fried in the fires of plasma. Might need to read the news release much closer...you might have missed something.
Comment by
kingscorpion on Jul 24, 2020 1:03pm
It rose $1.00 not just on that news oldie It rose $1.00 in anticipation of any of the companies A B C signing the contract Get a reality check ok and stop trying to scare off shareholders Its still cheap very cheap at these levels so if you are still waiting on the sideline I say Dive into it and dive fast
Comment by
JackCross on Jul 24, 2020 1:28pm
Old man shakes fist at cloud.
Comment by
bogdansz on Jul 24, 2020 1:38pm
do they sell to themselfs ???