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Bullboard - Stock Discussion Forum PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > Trading in the same zone for months, not new, not a panic
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Post by MidtownGuy on Dec 04, 2020 4:38pm

Trading in the same zone for months, not new, not a panic

Geez people. There's nothing startling about today's price or any price the last several weeks. It's a waiting game on big contract news, with holding pattern trading, and anyone that says otherwise is just yanking your chain.

All the trading is happening in the zone between $3.50 and $4.00.

Not sure if this link will be accepted by SH, but here's the daily chart since mid September.

https://cdn-ceo-ca.s3.amazonaws.com/1fsl9vf-daily-pyr.jpg
Comment by patrickp on Dec 04, 2020 4:58pm
yes we know, but as time goes on and no contracts are signed, the support will be broken. guess we will see monday but december will be a killer for sure (positive or negative )
Comment by SigmundsID on Dec 04, 2020 5:32pm
The problem is we have a contract now, we also have an earnings report that was quite good... but, the price contrinues to drift around this zone. This seems to indicate that the higher prices had already baked in some levels of performance that had not been reached. Given the slow speed that we are operating at there I would not be optimistic about a bunch of new contracts at any time before the ...more  
Comment by Purpledriller on Dec 04, 2020 5:50pm
PYR has so many divisions that the market is NOT even understanding for now. SigmundsID...hmmmm Bob Mcwhirter is that you?  You better cover your short position whoever you are. 
Comment by developbc on Dec 04, 2020 5:55pm
LOL yes these Negative Nancies are just trying their best...heard these 'baked in' nonsense for the entire 5 years invested in PYR.  Please do your DD everyone and you will see these multibllion dollar giants that PYR are dealing with are not make believe - they are very real and serious.  These guys not only want PYR torches they will absolutely need them as the world is going ...more  
Comment by Qtrlbder on Dec 04, 2020 6:01pm
There is no problem here, PYR and client A is working together as we speak. SP wise, is all being manipulated at this point.
Comment by MidtownGuy on Dec 04, 2020 6:11pm
I feel your pain, man. I do. I'm a big bag-holder now myself, having averaged up a lot when the price spiked. But I'm honestly not worried. I think the fair price was $4 - $5, and the run to $6 was excitement, so the fall-back was not unexpected. I certainly didn't expect it to drift to $3.50-$3.70 but I think that's clearly related to the issuance pricing (which was really out of ...more  
Comment by patrickp on Dec 04, 2020 6:41pm
thanks. makes sense. very encouraging. i know i am not the only one who feels like a bag holder.
Comment by Thinkbigsti69 on Dec 04, 2020 8:11pm
Yep, it's a holding pattern right now but don't fool yourselves this will take off in 2021 if not sooner. We have clients rushing to have access to PYR's tech in several of our divisions. PYR is not a fast food outlet and it will not cater to investors in for a quick fix, it is a disruptive and game changing empire in the making. If after doing reasonable DD you still doubt the ...more  
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