Pioneering Technology Corp V.PTE

Alternate Symbol(s): PTEFF

Consumer Cyclical

Pioneering Technology Corp. is a Canada-based energy smart technology company. The Company is engaged in cooking fire prevention technologies and products. The Company’s cooking-fire prevention products address the problem of cooking fires. The Company is focused on developing advanced thermo-based technology solutions for opportunities that exist to improve the safety and/or energy efficiency of common household products and appliances. The Company’s product solutions help reduce cooking fires and false alarms by helping prevent these types of fires from starting in the first place. Its proprietary cooking fire prevention solutions include Smart Element (SE), SmartBurner, RangeMinder and Safe-T-sensor and are suitable for the majority of the more than 140 million stoves/ranges and over 140 million microwave ovens in use throughout North America. The Company has other product solutions and is focused on commercializing/distributing other fire prevention technologies.

TSXV:PTE - Post by User

Pioneering Technology Corp > Gave up almost all its gains

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Comment by Captain71on Feb 25, 2021 8:25am

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Post# 32656043

RE:Gave up almost all its gains

I may be wrong but I don’t agree with you folks on this one.

There was no news release, rumors, etc., to entice potential investors.

The trading volume was high for only 2 days, with share price declining on the 2^nd day. Momentum investors would need to see increased volume and price over multiple sessions to be enticed to get in. Then there would be enough buyers to allow for a “dump”.

With the share price hanging around the 7-8 cent mark, why would so many buyers be willing to buy in so quickly at 12-13 cents with no news, etc. Just don’t make sense to me.

I could be wrong but to me simply looks like a big buy in. Guess we will find out soon.

GLTA

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