PyroGenesis Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

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.

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PyroGenesis Inc > Pyrogenesis in ARK PRNT ETF: A Mega Post

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Comment by MidtownGuyon Feb 10, 2021 9:15pm

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Post# 32533690

RE:RE:RE:RE:Pyrogenesis in ARK PRNT ETF: A Mega Post

I'm not making the case at all that it's ARK buying that is driving the share price. The daily purchases of PYR by ARK are, all things considered, not that substantial. Today 20,000 shares ouf ot 5.3 million volume.

ARK's buying isn't directly accounting for SP movement. BUT...

Awareness of PYR in the ARK definitely fund, is. It's up there with the single best thing that's ever happened to any stock symbol.

Overall, I believe it's likely six things driving the share price rise:

1/ PYR was added to ARK PRNT ETF on Jan 15.

There are thousands of investors who follow ARK and trade the underlying stocks in addition to the ETFs themselves. It's a real thing, and many articles have been writted about investors doing "ARK front running".

2/ PYR filed FORM-40F as final part of Nasdaq application.

This caught the attention of those traders who follow SEC filings. Many day and swing traders especially rely on SEC docs to trigger their interest. US trading has risen dramatically as a result, from less than 50K a day to over 300K a day. Today it was 2.2 million volume on the US exchanges.

3/ PYR's US$ share price went over $5.

This triggered "now out of penny stock" screeners and garnered more attention, as some refuse to trade so-called penny stocks, and USD$5 is often considered the threshold one must pass to get out of penny-land.

4/ YouTubers and the like who follow ARK investments starting posting about PYR, and those video views are now in the tens of thousands. There are many. Here's just one that was posted yesterday:

https://www.youtube.com/watch?v=MjMSrlMplK8

5/ The comments on trading forums, videos, and boards has picked up massively, driving more interest.

6/ The Nasdaq uplisting is any day now, and investors want to get in before uplist.

Tcheck wrote: Prnt had a pretty awful day - 4%
pyr a spectacular one +30%

so it is not ark that supported our surge today
if i believe your arguments .

there was no rebalancing of the prnt portefolio.since it is an index fund
no selling high ( ddd,ssl,,xone)
no buying low ( pyr)
no dump
no pump

i dont know how long they will be able to play that game :)

so i wonder what made pyr s day today ? If it is not ark