RE:All I have to say isfdfd12 wrote:
This board is full of guys who see the positives who think the rest of the world is
not as smart as they are.
If this is a sure thing to $20, why isn't the funds buying
all the way to $18. Why aren't you mortgaging your house and buying more.
I have 20,000 shares as I have said and have copied and pasted it on this board many times.
I am long but not sure of $20 or $50 stock in a short time.
You guys are taking everything for granted that this is a sure thing.
It may well work out that is why I haven't sold and not planning to.
It is about a 5-6% position in my account.
Most institutions have rules preventing them from investing in stocks with market capitalizations of less than "$X", as well as stocks and securities that are traded on the junior exchanges like the venture.
The fact is, although to many of us, PYR is on the radar, and maybe even right up front on our radar, there just isn't enough reason to even look at Pyrogenesis at the institutional level yet.
In Pyrogenesis, we are purchasing into a story that is unfolding. We will all be rewarded handsomely if the story plays out as it looks to be. In my opinion, PYR has derisked itself to a price point of close to $10 at this very moment, with a potential of near $30-$100 based upon possible first 3 torch contract scenarios.
The Institutions will be here, in droves. They will be watching for PYR on the TSX or other senior exchange, and looking in particular for successive quarterly earnings growth prior to it even appearing on many of their radars.
So in the meantime, I buy, and hold, and reap the benefits.
Nobody can predict the future, but it is quite rewarding when you figure out how to be right about it most of the time.
Cheers!