RE:RE:Stay the course In my view, the investor response to those two news items was a result of people with zero financial or business knowledge.
1) Leasing their products is not bad news whatsoever. If you need help figuring that one out, you perhaps should not be trading stocks as you lack undertanding of one of the most basic ways for companies to expand their business to clients without a massive CAPEX cash pool.
2) A 1 torch deal was lower than the sky-high expectations of some of these investors. In reality this is an important step to future contracts which allows PYR to make adjustments as needed as well as price in any potential benefits on future contracts - similar to how they did with DROSRITE. This 1 torch contract was agreed on with every intention to continue working towards more business with this client. PYR puts itself at greater risk taking on a massive contract right off the bat, and like it or not, PYR is being smart and careful - which benefits LONGS - not impatient children.
Now we are waiting on the next bit of news. This has been a fantastic year for the company, and those who are this impatient are inevitibly going to be losers in my view. Stop obsessing over day to day changes - this is not that type of stock.
How do we know it's good news? Because that's the momentum of the actual company operations. From DROSRITE to the torches to the PUREVAP with HPQ - all signs are POSITIVE. I can guarantee you there will be more torch orders based on their activities and press releases.
Freaking out over a 30 cent dip on a stock that was on the venture exchange days ago is child's play. Wait and see.