It's the market, not PYRThe whole market is selling off, small caps especially, which have been hit particularly hard for almost three months now.
Large short positions have been taken on assumptions of over-heated sectors of the market, in PYR's case assumptions about supply chain and contract delays, and what's deemed a too high SP. It's an assumption of vulnerability, whether true or not. That's just how they work.
But it's not just PYR, as Canadian industrial tech small cap is getting smoked lately:
XBC down 14% this week, 34% this month.
GRN down 9% this week, 25% this month.
PYR down 17% this week, 27% this month.
If you think somehow this is just a PYR issue, you have no idea of the broader market or you refuse to look beyond this one stock.
Small caps are due for a reversal soon, as they've taken the most lumps, so hang in there.