Textbook market BB bullshit here...This all started yesterday, a poster "JunoBeach" made the following post: "I imagine this will be where the print powers will be used"
Pretty innocent post that seems to indicate that this new "3D printing systems" (
For Dummies: this is what is called a printer) would need to use material produced by PYR....
But that is totally irrelevant fact in this BB The stock ended the day and the month at
$0.70 on a down tick ... (aka that will be the price used for many investors statements...)....
Then one poster switched the story line to: "
Good article, but could be bad for PYR"
Not be beaten, another poster "
Harrypage" (A poster using a new account created on May 18, 2017, who from is on post only started to buy in June 2017) decided to pile it on with the following bull: "Indeed, that's terrible news for PYR AM especially with the pace of progress they make would render their most important business segment useless by the time they commercialize it. That article convinced me that I have to seriously lighten up my position here among other things:
PYR has had no news for a while and things after the SH annual meeting have been quite, to say the least.
How long does it take to sample a product and come back with an order or feedback?"
Also, had the unfortunate pleasure of meeting a few employees a little while back oooff...hopefully Peter P. and C-staff can carry this company on their own but my gut has been telling me otherwise. Very disappointing experience :(
Unloaded most of my position today based on several factors, most important being that I don't think they have the right people with chemistry to execute strategy on so many fronts.
Still long my original position and hopefully, but readjusted position (risk) to less than 2% of portfolio...in line with a highly speculative micro, micro cap."
That was enough to start a panic with people now desperately trying to protect their gains without realizing that they are being conned out of their position... Then the board became the feeding ground on the "chicken little of the board" that just keep repeating the same lies that desktop metal was going to destroy PYR because it needs to buy their powder... (
Yep that what they said without realizing it..)
And now those same people are sulking in the corner and complaining about PYR management not issuing a press release to explain the sell-off, and they demand on the Stockhouse board reassurance...
Funny just want and check the board on Agoracom, and none of the complainers went and asked any questions to management...
Looks like your poster Quantum leap is the equivalent of the poster stockhouse101 on the HPQ board... one that likes it to be the centre of attention...