Pyrogenesis Canada Inc T.PYR

Valuation is what you will pay

[claudemc]

Anyone posting here who thinks (or is trying to imply) that this is a bad deal is not an investor, at best they are daytraders, or they are shorters. Company valuations are basically what people will pay regardless of what the companies actual intrinsic value is, in Pyro case they were worth around $2.50 at the beginning of the year with the $40 mm backlog and I was buying at .20 in March, since then they have added $$millions$$ more in sales so intrinsic value is now higher, the recent PP at $3.60 sounds about right, now add the reality of what just happened today by signing our first contract with a major iron ore company... woot woot all aboard!


stay safe!

[sandysouci]

agreed that the NR today is positive news, and likely to ADD ON value to the $3.60-ish mark... but why are bashing daytraders and shorters? or even short-term longs? imho, they all perform an extremely valuable role, by providing liquidity and buying support, often when it's most desired... also, to help reduce the buy/ask spread, which we all want to be as tight as possible however

[BCdude]

This must be exactly the kind of philosophy that allowed Warren Buffett to make his billions, right? "The market will pay that price, so I will too!" Actually, real investing is about calculating valuations to see if a company is undervalued, fairly valued, or overvalued. There are different metrics you can use that will give you different answers, but the process is still about

[developbc]

Yup Warren Buffet would do his DD and realize the disruptive patented tech..only game in town golden goose unicorn.   Yes he would want to buy Pyrogenesis out but Pete won't sell bc he knows what he has.   Your posts are deliberately trying to push your agenda.  I've done lots of valuation models of forward looking projections but only amongst close friends. If I post these

[BCdude]

In truth, Buffett doesn't really invest in tech. it's not his specialty. My point was that any long-term successful investor learns how to value a company to see if it's undervalued, fairly valued or overvalued. Even the best company in the world, if overvalued, is often not the best buy. My strategy is to find great companies that are undervalued or at least fairly valued. In my

[Qtrlbder]

Then please stop using Warren Buffet as a reference... in a tech Bullboard..... make sense...?

[Qtrlbder]

Bottom line is, no one can evaluate properly at this point yet. And stop comparing to other company as there are nothing comparable to. Either you buy or you go to other board and speard your madness.

[Qtrlbder]

How would you know....?!?! Did you talk to Warren Buffets??

[claudemc]

First since you brought it up I suspect Warren Bufffet not only has never ever paid market price for any stock, he probably has never even heard of SH... he just buys companies for less than what he thinks the market will eventually pay, which is then usually what investors do end up paying most of the time because he's smart and also uber rich and can do what he wants, when he wants to