Caveat Emptor*The true value of Pyrogenesis is surely not north of half a billion dollars; a simple tell is that PYR pays to advertise to traders ...and on Stockhouse of all forums, seriously?
But with only half of the shares floating, the run up is certainly a handy way for PYR corporate to raise money without going to the market "shylocks" ...so y'all just make sure you're covered.
This isn't bashing; plenty of money will be made trading for another few months even if the chart goes roller coaster progressively downward ...to around 2 dollars, maybe 2 and a half if there's a buyout -- which was a very nice return on a 55 cent investment, way more than covering the nut.
So sharp traders, carry on ...newbies, hold on to yor wallets. There's still a ton of money to be made, but it's more satisfying to rook a crooked compatriot. Game on.
*The phrase caveat emptor refers to the situation that buyers have less information than the seller aka 'information asymmetry'.