Just when you think Trumpworld is behind you...A PR drops to say you've invested in it.
Here's a painfully applicable quote:
"Brain MRI scans show that when we’re confronted with dissonant information and use rationalization to compensate, the reasoning areas of our brains essentially shut down while the emotion circuits of the brain light up with activity. In other words, emotions trump logic. Researchers have also concluded by this information that once our minds are made up, it’s hard to change them; even reading information that goes against our initial point of view only adds to the justifying that we were right."
This forum is nowhere near so bad as CEO.ca, where PYR groupthink reigns supreme, but there's an awful lot of rationalization going on.
McWhirter was bang on--and did us all a huge favour, in fact. Pascali misled us with his subsequent PR--that's right, misled.
I'm still bullish on PYR, I still believe in the technology and the company. I'm not selling a share. I have tons of dry powder (which I keep for contingencies just like this), so there's a good chance I'll make out like a bandit today.
But I will squint at everything Pascali says from here on in. He is unreliable. Even if the 'bear trap' theory is right. Even if it turns out there's a second, share price redeeming PR about to drop. Playing games is bad enough, but playing games with people's life-savings, let alone hopes and dreams... that's next level. Real people are about to make decisions that will do real damage to their family's well-being. It's more reassuring, somehow, to think he's just a good ole fashioned bullsh1tter.
As unreliable, he is a source of uncertainty. As a source of uncertainty, he is a drag on share price. As such, the less we see or hear from him, the better off everyone will be, including Pascali himself.