RE:Unbvelievably good timingtamaracktop wrote: P3 bought 3.7 million shares of HPQ the very day it made its multi-year low.
April 10th was the big day
He paid $661,447 for 3,779,700 shares.
Every single share that pyrogenesis had left.
He paid 17 1/2 cents. He had a nice surprise the very next day in the form of news from HPQ. MONTREAL, April 11, 2024 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQB: HPQFF) (FRA: O08), a technology company specializing in green engineering of silica and silicon-based materials, updates shareholders on its HPQ Fumed Silica Reactor (FSR) technology pathway to commercialization.
HPQ Silicon's subsidiary, HPQ Silica Polvere Inc. (HPQ Polvere), is pleased to share that its technology provider and equipment supplier, PyroGenesis Canada Inc. (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY) responsible for the Fumed Silica project, has reworked and simplified the overall design of the 50 tonnes per year (TPY) pilot plant system. This rework is set to accelerate the process to commercial scalability, effectively minimizing the risks associated with scaling up. Furthermore, it streamlines the process of constructing HPQ Polvere's inaugural 1,000 TPY commercial-scale plant, ensuring a smoother path to production."
HPQ didn't look back, hitting .26 on May 7th and .32 on June 12th.
After consecutive news releases.
On millions of shares traded.
Gee. I wonder if he had an idea.
Too bad he made the money, not Pyrogenesis.
It had been holding the shares for years.
Maybe you should read that again.
It's 100% true.
More creative at financing the company at no risk to himself every time.
Actually very profitable this time.
$500 grand in his pocket in weeks after PyroGenesis bought about $4 million worth of units at 60 cents a couple years ago.
Memory only