RE:RE:AgendasFirst of all, I do not bash PYR. I say it is overvalued when you have only $20MM in yearly revenue with a market cap of 600MM to $1B.
Secondly, I own shares and am very worried the way the shares are moving.
I not only use fundamental analysis but also technical.
I believe very much in technicals.
PYR technically is really not looking good (this is not bashing).
I believe that if a stock is really about to rise, there would be some kind of indication on the chart (but not always).
Right now, looking at the chart, it shows me that nothing is about to happen (once again, not bashing)
I certainly hope the $65MM and the 36 torches develop and do so soon.
MidtownGuy wrote: On that note... I've read that guy's posts about revenue vs market cap many times.
To be clear, market cap or share price very often has zero to do with revenue. Sometimes it does, sometimes it doesn't -- especially for earlier stage / early commercialization companies like PYR. The share price is based on what people are willing to pay for it.
There's dozens of examples of high revenue companies with relatively low share price, and low revenue companies (even no revenue companies) with very high share price.
The price is what the market decides, not how much revenue a company brings in.
thenewguy11 wrote: Took a break from this toxic dribble. Did a little catchup reading on various posters. One poster on here says Pyro needs 400 million yearly revenue to justify a 10 dollar shareprice. A few months back he claimed to be a long and foresaw a possible 20 dollar shareprice at years end. That would mean 800 million in yearly revenue. I'm an optimist but seems ridiculous. On the same note, he's claimed that Pyro is only 5% of his holdings, yet spends all day, daily on this board casting negative light on Pyro. And as a final note, yes this individual did claim to be Jack on the infamous Mcwirther callin last September , now denying it. Himself along with a few of his other buddies on here will hopefully vanish, once Pyro inks some larger contracts. Stay safe, glta longs.