RE:FROM THE HORSE'S MOUTH...Bottom line this directly contradicts comments yesterday that speculated the PR indicated the issue was PYR had too much cash flow vs not enough to qualify for the financing. Okay, still, why did the stock jump?
Spoke to a couple people in the financial industry who also hold the stock and their take was the company looks insolvent. Naturally I do not want this to be the case but these comments from the AMF are not what we want to hear my fellow longs.
Concerned investor.