RE:RE:Not very goodSidewindergo wrote: Folks still invested in Pyro won’t care about technical metrics because we all know Pyro looks terrible via any perspective outside besides their technological development and market potential, patents, client network, and insider ownership. If Pyro goes bankrupt it is what it is, but if even one or two things hit then folks get to retire early.
I agree.
It's also important to look at all the metrics that got the share price here, simply saying "Peter's fault" is just a cheap fud move by disgruntled investors who bought at the supernova top, or fudsters with a motive.
2020 talk of contracts begin with Rio and powders. COVID slowed everything way down, on pyr side, and client side. Delays drop share price. (1)
Peter starts selling shares (in total he has only sold like -%5 of his holdings or less in total). Anyways that added downside pressure(2). Add in mad investors because share price falling-more pressure(3). Shorts see Mellon and disgruntled investors and they start shorting while both of them start bashing on all social investment boards- more pressure on price(4).
Mad investors who bought high, as well as bashers/short crew starts spamming amf to do something, anything. Amf obliges with anything they can scrounge up, even if it's a far reach-more stock price pressure(5).
By now, it's a cascade effect, and can't hold the Nasdaq price requirement, it's voluntary delist from the nasdaq-more pressure(6).
So putting all this together, what started the cascade was delays alone. Not much else. Peter used the wrong wording. I assume he was excited and thought things would progress faster. But what's the man to say? "Hey Rio, you have 30 days or forget it"? These giant industries don't move at the speed of retail investors. They move over years, A retail investor looks at the stock price hourly. Just how I see it.