Post by
thenewguy11 on Oct 19, 2020 6:20pm
Investors hold the faith.
A downturn of a month or two months in an investment of a promising stock is like a blip on a radar. If you cant stomach it, investing is not for you. If we were falling due to negative news such as corruption or loss of revenue I would be worried. The exact opposite is happening here. Revenue is increasing and future growth never looked better. The fact that we dropped near the PP price is no surprise, it's just following the trend of what most stocks would do. The only thing keeping this stock down is impatience. I own some Shopify, had I sold when short reports said it was a pyramid scheme, I'd regret it sorely today. Pyros future has never looked brighter. Their products are highly advanced and sought after and protected with patents. If all pans out as I suspect it will, unclerons predictions may not be far off. Remember your investing and their is no definite timeline. Wealth is transferred from the impatient to the patient.
Comment by
StairwayTo on Oct 19, 2020 7:04pm
Invested a lot so far and start to think i might be a fool for doing so like i did with Nemaska Lithium, which by the way, Peter and Bernard all friended Guy Bourassa. I would hate to duplicate the same error.
Comment by
Gottofly on Oct 19, 2020 7:55pm
If it's good enough for Mackie it's good enough for me!
Comment by
MidtownGuy on Oct 19, 2020 7:39pm
Totally different. The bottom fell out of the lithium market, hitting the whole industry, particularly tough on companies like Nemaska that were highly leveraged and building mines and petrochemicals plants. And if guilt by association was a thing I'd be either massively rich, deep in jail, or a professional athlete. Kinda doesn't work that way.
Comment by
ntcse123 on Oct 20, 2020 2:19am
Musk on battery day said that lithium is very easy to procure, it's one of the most common elements on Earth. He literally just bought plots of Nevada desert to get lithium. On the other hand he said that getting costs of batteries down was very hard. Pyrogenesis does hard things that others can't do and patents these things so they aren't commodities.