Mellon Trust and Tax Loss SellingThe pressure that PYR has been under for the past month is over. Mellon Trust selling ended last week and tax loss selling ended today (Dec. 27).
Going forward the only sellers will be limited to those who believe that the stock is over priced at $ 0..59 or are in desparate need of funds or expect negative news is coming. On the other hand buyers
. are buying in antipation of a positive NR or will be buying followiing a contract announcement.
Stock prices are determed by supply and demand..Which side do you favour in the month of Januay.I know that I will in adding in thr coming month.