RE:RE:RE:RE:Our bashers are patethic ! Well, I don't think PYR is risky, and TSX has more stringent reporting requirements so can be seen as less risky. Also, I am so far from a basher, being into PYR 4 years ago with well over 600,000. So I am definitely long. Will I be taking some profits at some point, of course, it will be a pretty nice Christmas present. And as to listening to bashers, and allowing them to 'create worry and fear', I use stockhouse as a form of entertainment, I don't take any investment advice from posters. I may use a stockhouse comment on a company I have never heard of to do my own due diligence but don't ever blindly I buy or sell any shares on the recommendation of a stockhouse post. Everyone should recognize posters often have motives to posts that don't align with making you money.
sandysouci wrote: why not use a LOC?... I have done that many times in order to boost my returns... also, maybe he's not using a margin account or has tapped that out?...
but I disagree about the risk assessment for PYR, just because a company is listed on the venture exchange... that's just the way it is, for now...
the exchange does NOT make the company, it's only where the shares happen to trade!... regardless, who cares now anyway because we are very soon to be trading on the TSX, just a few days away now...
also, bashers talking about the "high risk" of owning PYR here at $3.60 range are full of it... total exaggeration imho, and just what they want you to think: that is their job and reason for being on this board... ie., to create worry, fear, get people to sell, and to lower the share price or keep it down... ie., the exact OPPOSITE of what longs are doing, and should be doing...
Gottofly wrote: Generally I wouldn't recommend using a LOC for risky trading on the vulture exchange, but in this case, with up-list near and near term new contracts it is smart use of cheap money. Uncle will be rewarded, you can take that one to the bank
dcowan wrote: You loose credibility with posts like this.
Uncleron wrote:
I've been waiting for them to lower the SP , and still waiting ! Because I decided to use my line of credit to buy more shares in PyroGenesis. I won't have to wait long to at least quadruple the investment. This time I'm going to nail-it timing wise. In a matter of weeks I should be able to sell 500 of these shares and recoup this new investment 100% ....$ 3.7 10 = $37 ...maybe I will wait for a 50 bagger and have a very Merry Christmas..uncleron is always right !..Cheers