Post by
gordches on Sep 02, 2020 6:46pm
LET IT RIDE....
You guys do understand that the original idea of stock was to 'buy and hold' so a company could use the money to establish themselves in the business world. Then the markets allowed 'shorting' - and day traders invaded. If there is any stock that I have seen in MANY years that needs to have dedicated stockholders - it's PYR. All you 'longs' are selling when you hit highs in the stock. If you were not - this stock would skyrocket on its own. Every time you sell then re-buy, you are feeding into shorters and the big banks and capital companies. USE YOUR POWER! Buy and Hold!
Comment by
vers1demainvert on Sep 02, 2020 6:57pm
I agree, exceot for the part that you say that all longs sell when we hit new highs. I can only speak on my behalf but I am sure that I am not the only long that has never sold one single share of PYR. But I understand the spirit of your post and agree that daytrading and constant selling on highs Is detrimental to the share price.
Comment by
Marinoni on Sep 02, 2020 7:07pm
I think we're all entitled to sell and buy whenever we see fit but, speaking from the perspective of an amateur who has stumbled onto something of significant long term value, I have no intention of selling for the coming decade.
Comment by
Stubbyinsider on Sep 02, 2020 7:04pm
Let me dust off the old million dollars here.