RE:RE:RE: rising stock price and remember, it hasn't been an entire month since they included PYR-hence the small position. But for etf .15 is good especially for a non-Nasdaq company..that's telling how amazing PYR is!
GeeJay20 wrote:
Well,
1.) if Ark gets more attraction, i.e. more money inflow, they need to follow and increase each position, accordingly. Considering the hype around Ark ETFs, this is one valid mechanism for increased PYR acquisition.
2.) If Ark decided to increase the relative importance of PYR within the ETF portfolio, more shares will be acquired. Given that PYRs quota is @ 0,15% right now, this could be very well increased. Imagine she decided to raise this percentage value to let´s say 1%, this would lead to a 4x increase of PYR shares!
Long PYR,
Gee