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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > Stock rises dramatically on lame news
View:
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 Nosleep on Jul 24, 2020 1:00pm
  ya, that coupled with new advertising that states "final contract negotiations with multiple iron pelletization clients" could be looking at potentially 2-3 contracts with money up front and recurring for years, and those contracts could be signed off on at any time, or at least announced and signed by year end. im still not sure why people are surprised by any of this ...more  
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 CountryChic on Jul 24, 2020 12:57pm
On the surface yes. But considering 5m was all they have for revenue last year it shows they have had 1.5x that amount this year already with more on the way. It also give subtle hints that the rest is still falling into place. I think yesterday’s reaction was people who have been waiting on the sidelines deciding its time to jump on board. $1 is going to seem minuscule once one torch contract is ...more  
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 ???
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