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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery, waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Post by bart10on Feb 03, 2022 10:13am
227 Views
Post# 34392815

what if...

what if...what if on the NASDAQ there is minimal volume (17,796 shares at the time of writing), and lots of Canadian volume (147,800) that is primarily "sell". 

Share price gets pushed down quickly.

Triggered are stop losses and margin calls, pushing shares for sale into the market.

The folks who sold initially, pushing the price down, then buy in to harvest the results of the stop losses and margin calls. 


That may be what is going on here. Not illegal, but folks should be aware of this practice, and perhaps should manage their stop losses with this in mind. For margin calls... next time, be aware of this practice and build in a larger buffer for your margin calculations.



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