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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

Industrials Technology
PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

PyroGenesis Inc
Bullboard Posts
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(422)
•••
Comment by Kongratulationon May 19, 2020 3:13pm
165 Views
Post# 31047597

RE:Short Interest still very high...

RE:Short Interest still very high... Well that was faster then I predicted...

Kongratulation wrote: Salient point from IIroc Report:
  • Between the middle and the end of April short investors bet $371,045 bet that PYR shares price was going to go down over the coming weeks
  • That represented a short of 631K at an average selling price $0.59
  • That position did not work for them...
  • As of May 15, it looks like the shorter were forced to cover their position ...
  • But they have also re-initiated a new short position at a higher price
  • End as a result the short position is now 533,000 shares with an average selling price of $0.705
  • The short bet is still around the same $ value of $377,193... that is 15% of the $ value of all shares traded
Take away, some group or investors have placed a big bet on the shares going down, that is a very good sign...

The next move up is going to be explosive.

ALL THOSE SHORTS ARE GOING TO HAVE TO COVER FAST AND FURIOUS STYLE...


Bullboard Posts
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