RE:RE:RE:RE:RE:in personsettoretire wrote: Hype said we would see $100 by Christmas. Plasma torches have been around for 25 years, so this new process is great, but Pyrogenisis didn't recreate the wheel. Good Company. Strong respected management. Good balance sheet, but nowhere close to being worth $100 share.
$10 maybe, but not for quite awhile yet. Need signed contracts for more than 1 torch deals, or get used to where we sit. Might even hit $2 first.
love the outlook, but I am a realist first.
Nothing wrong with being a realist, but if that's the case, you do realize that company A has a need for 500 torches, they wanted to change more than the one they just purchased. They are currently in discussions for changing more. There are other companies interested in doing the same. It won't take much for pyr to do 100 million in sales next year, and that is a very conservative number. I'm a realist as well,and I'd rather pay $3.80 a share now than $13.80 a share in a few months. Jmo