RE:The Problem IsI continue to find it odd/strange that you talk down/complain about your investment in PYR fdfd12. I've been investing for close to 20 years now and never have encountered a person who continually talks down his investment (and publicly in a forum like SH).
Do you not realize what kind of products/solutions PyroGenesis offers and sells? These are not run of the mill products/solutions, these are *new* paradigm shifting technologies (ie. torches for iron ore pelletizing/steel/cement, DROSRITE, etc.) and products/solutions in emerging sectors (ie. powders for 3D printing/additive manufacturing, environmental/waste destruction, etc.).
For example, plasma torches are meant to replace diesel burners entirely, this is a serious paradigm shift (and Peter and Team have done wonders in this area), this does not happen over night. Seriously, what are you even thinking fdfd12? You "claim" to be a sophisticated investor but your post history begs to differ or you are looking to be negative on purpose.
I have been a shareholder in PyroGenesis since the summer of 2017 (and have added numerous times since) and am continually impressed and amazed by the work that Peter and Team do at PyroGenesis. For you to continually whine and complain (publicly) is beyond me. Seriously, smarten up. PyroGenesis is in better shape today and continues to grow, expand, and strengthen its competitive advantages and product offerings/solutions. And this is because us shareholders have a stellar President and CEO running this company with a stellar team.
I'll re-post a great post from the user LastZaz that was addressed to you fdfd12 this past May. It's worth a re-read.
Long and Strong in PyroGenesis!
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.
https://stockhouse.com/companies/bullboard/t.pyr/pyrogenesis-canada-inc?postid=33248141 fdfd12 wrote:
I keep on saying the same thing and I have been proven right since the price is ont rising.
We have a $800MM market cap stock doing less than $40MM revenue per year.
The problem is valuation.
You are more than 20 times sales.
For the CEO to put out a press release every 2 months to protect the stock
is not the way to do it. It shows panic.
Only way is BIG contracts. There have been none.
I continue to wait with my shares and avoid FOMO.
Good luck all.