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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

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

Comment by LastZazon Nov 20, 2020 3:06pm
248 Views
Post# 31942541

RE:RE:RE:Laughable!

RE:RE:RE:Laughable!Fair points. But honestly it seems like we have a similar strategy on this based on your second paragraph. I actually have a larger percentage of my position that I'm unwilling to sell.

As I've said, I hold a solid long position on this stock. I don't feel there is anything wrong with selling a small position on what is a clear daily top and rebuying at othe clear daily lows or points of support for intermittent profits. I've had a lot of success with this.  I've locked a very nice profit in literally a 2 day trade, then rebought in 20 cents lower today while still holding 74% of my position to be exact. Following my buy back at the lower price, I now own the same number of shares at the end of the day and made about $400 on the difference between the sell and buy prices I got. Do you feel this is some kind of aggregious error?

For the record my returns are well above 60% in the last two years using this strategy. With that said, I am only recently getting involved in venture or penny stocks like PYR, so perhaps I am not as used to hunting 200%+ returns over the course of many months/years as you. 
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