RE:to all the longssumpineh wrote: who think they are so smart.No matter whether your average cost is $5.00 or $.20 you would be a lot better off to have sold 2 years ago and been on the sidelines or invested in just about any other stock than to have continued to hold this one.You could even buy in now with what you could have saved instead of holding for the last roughly 28 months. I still remember all of posters who thought I would regret selling at $5.20. If they could sign a torch contract i would still be happy to get back in.
I am a BIG-TIME long here and still invested to the hilt but was NOT crazy enough for my group and I to NOT sell alll the way up to that meteroric, ridiculous and gamestop/ridiculous fiasco over two years ago!! And guess what we did?!?!? WE reinvested back into pyr!
Does that mean I gave up hope on pyr longterm?!?!? NO but I'm not stupid enought not to sell a large chunk of ..20 -$2 shares at shares at 5-10 x the money during a frothy market and ridiculous overvaluations with obsolete companies like gamestop. and whole reddit joke!!!
Guess what we took huge profits and put them mostly right back into pyr cuz we are "longs"
Win/win.....great for us and great for pyro as we reinvested those big wins back into the company at a much lower price to keep the company running cuz of the incredible potential that we believe is here.
Believe me or not but as much as I believe and trust in Peter and the company's potential, I GUARANTEE I never suggested anyone buy this over $4-5 even before it hit $12. Under $1 I personally think this is a very good risk/reward play if you can afford "higher risk investing', just one man's humble opinion from someone who has been invested here for almost ten years.
I have agreed Peter's timelines are beyond overly optimistic and that the financials have rarely been impressive but one thing that keeps me here is that Peter continues to lead from the front which sooooooooooo few small cap CEO's do INCLUDING taking ove 2/3's of the most recent PP to the tune of $2 million!! I respect that personally and invest that way and follow the people in the know..
This company is far from perfect and has underdilevered but, as I have said before, I challenge ANYONE to post examples and stock symbols where the CEO has continued to invest more funds and own roughly 50%!!
Seriously post them as I will take a look but good luck!