RE:RE:RE:Bay Street & Wall StreetYes sales are coming but are enough sales coming to support a $10 stock price and a $1.5B market cap company?
Or are the sales coming are enough to support a $6.30 stock price and a $1.0B market cap company?
That is the question.
LastZaz wrote: Lol. Sales are coming. Press releases with contracts are coming.
The lack of patience here... I understand it sucks to look at a loss, but the behaviour here is like a bunch of children. The company has massive potential and upside, and anyone who has done any ounce of due diligence knows this.
Small companies that underwent massive rises in share prices are also going through similar dips now. It is the flow of money. We have shorts and the a bearish dip causing panic in fickle and often inexperienced investors.
In time, those who were patient and did not panic sell out of fear - will benefit the most. I feel we are approaching a bottom here, and should be seeing some green days shortly. Clearly, Peter has felt the need to address this and has reassured us things are still better than ever and provided a conservative estimate of contracts that will be inked in the next 6 months in the tune of $65M+.
Year over year financials will be improving and prospects and potential of the compan keeps looking more promising. The only* thing that is causing people concern is:
1) A stock price dip after a massive exponential growth... which is not isolated to PYR.
2) Impatience and stress following the dip, then linking it to a lack of news... when we just received a great annual report and excellent forward outlook.
If you are in it for the long haul, you should have no concern.