RE:Final WordYeah dude. I called a negative day (in the red) and was called a basher/shorter as well.
People are drinking waaaay too much kool-aid around here. There's a micro and macro picture that most people don't realize.
BCdude wrote: It's always unfortunate on Stockhouse when any questioning or different way of seeing things is seen as "bashing" or "losing the faith." I've invested time over the last few days to raise some concerns with the valuation metrics being offered and the assumptions being made. That's all.
I really like PYR at the current levels and would be a buyer at this time. Peter seems to know what he's doing. I own shares and hope they go into the stratosphere. We've seen some huge market distortions in recent times, and it's possible that PYR may also be the beneficiary of such. Nobody would be happier than me if it went to the moon, excpet for the fact that if it got too far into bubble territory I would probably sell my shares.
If you're a new investor, read all the posts about high-level price targets but take them with a grain of salt. Learn to play devil's advocate for yourself. It's a good habit to get into with the stock market, because if you don't it will eventually bite you.
Learn to buy cheap. Learn to be skeptical. if you have a large position, consider selling a little bit after a big run to recoup your principle. Then you can ride the rest without risking your original capital. This is just common sense IMO.
I'm sure I'll be seen as a hater for saying all this, and if that's the case I'm okay with it.
GLTA