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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 > NOW for the bad news
View:
Post by fdfd12 on May 31, 2022 5:05pm

NOW for the bad news

It was between $3.08 and $3.10 at 3:50PM when the MOC numbers came out.
Right then and there the computers saw that and jumped it to $3.22-$3.25.

Then the MOC brought it from $3.25 to $3.35,

Remember PYR was $3.10 right at the release fo the MOC numbers.
That $3.35 close is only based on the high MOC.

Therefore, we can expect it to either start or drift around the $3.10 level early tomorrow.

The jump to $3.35 because of the high MOC numbers is an artificial jump.

The stock should come down early tomorrow.
Comment by AverageJoe on May 31, 2022 5:31pm
"The stock should come down early tomorrow." So just like every other day!  HA
Comment by StairwayTo on May 31, 2022 5:31pm
You're probably right, unless they produce 1000 kg of titanium over night, a bunch of torches and release the news tomorrow 8am. .
Comment by qwerty76 on Jun 01, 2022 7:38am
You must be really worried!!! The MOC was priced over your numbers when published at 3:50 and the fact that about 500k shares traded hand/s after 3:50 at higher prices makes you think its going to start back below the initial price of the MOC? According to iirroc the consolidated short position was at it's highest ever in Canada when last reported (May 15th) According to the BMO Technical ...more  
Comment by fdfd12 on Jun 01, 2022 8:05am
Because that is where it was before this MOC came out. Maybe not $3.10 on a good market day but probably at least to $3.18-$3.20 early on. Remember this is just MY prediction of what I have seen in similar cases throught the last 20 years with MOC
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