fdfd12 wrote: First of all, I really appreciate your post.
It was very professional.
First of all, TSLA is a household name and a cult stock.
You can't compare PYR to TSLA.
Secondly, yes SPCE is all about the future but have you seen the chart?
It has gone from $60 to $20 cause it has no revenues.
I am a long and just waiting for the orders.
**** I have said this before.
If you have level 2, I will put a sell order of some of my shares at the price you choose like $75.
Like that you will see shares for sale at that price and you will know it was me since you chose the price.
LastZaz wrote: I appreciate your skepticism fdfd12... but if this is how you view valuations and share prices, you must not be able to sleep at night when looking at companies like Tesla... Given your certainty about minimum revenue requirements for market cap, are you able to explain how Tesla has a $564B valuation given its operational revenues?
Are you able to explain why SPCE has a $4B+ market cap with no revenues and negative earnings?
Now I have my answers for this, but you seem unable or unwilling to consider the idea that potential growth, exposure to growing markets, increasing demand, environmental pressures, and so on - can all affect a company's valuation depending on its position and the type of business.
If you are truly a shareholder of PYR, I don't think it serves you to posit such problematic statements about valuations... like PYR requiring minimum revenues to acquire certain market caps... This is not the type of company you use these types of valuation assumptions on... it is a factor, but it is not the whole assessment of valuation... and you should know this. I'd like to believe you are not a shorter as we've had many conversations now, but given the negativity you constantly display, plus the timing of your posts, it continues to make me question your motives here. You seem to be playing the role of an extremely skeptical investor - one who intends to bring doubt into the minds of long investors. I will continue to take you at your word, but I think if you are a true long, you are not helping yourself, nor are you really making appropriate conclusions about the current & future valuation of PYR.
It is very possible PYR will see $5-$10B+ in market cap over the next 5 years. The story is really only just beginning here.