RE:RE:RE:RE:Peter selling 750K more shares Here's a great post from @sizzlingbeef from ceo.ca regarding both HPQ and PYR. Thanks so @sizzlingbeef for this:
@sizzlingbeef If you watch Bernard's interview from yesterday and catch the part where they say they're getting 4N & some 5N out of QRR, aiming for 6N (when they initially were targeting 2-4N)... all before the nano reactor coming online. I would be wearing a pink flamingo shirt too. If you dont see how this is indeed gangbusters, then you may not realize it until its too late.
If Peter needs to sell shares, thats his right. I was thinking about this yesterday... why is Elons wealth so volatile, that he needs loans against his TSLA shares to have cash flow? because his wealth is all in stock. Do people expect CEOs/owners to never cash out any shares? If so, all that wealth is just on paper, its not real. You have to cash out to realize gains. With all the hard work Peter puts in, he deserves the ability to sell 1% of his holdings from time to time, to actualize his wealth into real gains. Lets not forget the man donated $100,000 to hospital at the beginning of COVID when the share price was at ALL TIME LOW and this was before any of the really good news started coming out. How many other CEOs did the same? Very, very few. Give the man a break. There could be a million reasons he needs to sell, or otherwise reduce Mellon Trust holdings. Personal, or otherwise. He may need it for something important. Its not our business.
These things are normal. Not everything is a conspiracy. For people that said the SP was artificially inflated so peter could sell into it.... that makes no sense. How would they do that? It went up partly because several investors were picking up large chunks at the same time. Also remember I placed several market orders "for research", which probably contributed to that run up. I wanted to test the waters to see MM liquidity and how many matches it will take to light the powder keg. This "experiment" cost me in terms of buying expensive shares, but shed light on the fact that we arent so far away from a massive leg up. Just need a bit more news, a few more matches, and boom... Long and Strong in PyroGenesis and HPQ Silicon!
Yaya21 wrote: What's your take on another share sale. Just when it seems like this stock might actually be gaining traction and news flow. Many thought his last one was it for a while. Seems it might be ongoing