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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

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. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > Tomorrow, January 14, PYR might start buying 83000 shares...
View:
Post by Good4You on Jan 13, 2021 10:25am

Tomorrow, January 14, PYR might start buying 83000 shares...

From it's NCIB news. This should help fighting shorts and manipulators until they are burned definitely by thousands of torches contracts. Good4You
Comment by Thinkbigsti69 on Jan 13, 2021 10:41am
PYR wiil be very active buying shares as to hike the sp before listing on NASDAQ.
Comment by rawdeal on Jan 13, 2021 11:03am
Comment by ScienceFirst on Jan 13, 2021 12:53pm
Important:  An NCIB is launched when a company's executives believe its stock is undervalued in the market. As with any stock repurchase program, a company undertakes an NCIB because its executives believe that the company's publicly traded stock shares are undervalued. By taking back shares, they are reducing the numbers available on the market. Their own buying activity reduces ...more  
Comment by Stubbyinsider on Jan 13, 2021 1:30pm
Do they buy these back on the open Market ?
Comment by canyousayiii on Jan 13, 2021 1:42pm
Yes. I believe there are also some rules how to do them. I believe it cannot be done in a way that causes the price to go up directly.
Comment by Aarman4 on Jan 13, 2021 1:46pm
I believe they are purchased on the open market.... The other benefits here, aside from reducing available shares and having an inflationary effect on the share price, is that an NCIB allows the company to capitalize on short-selling by purchasing undervalued shares when short attacks occur. The other benefit that I see, is that there is a possible MASSIVE influx of cash coming, with no place to ...more  
Comment by Awesome1 on Jan 13, 2021 2:18pm
That is why I added another 1400 sharestoday. I've accumulated a little over 17k shares. My goal is to have 20k shares and I'm happy with that.  P.S im very committed to PYR and HPQ
Comment by Good4You on Jan 13, 2021 12:52pm
I just can't wait till tomorrow and the following days to see how Peter will manage his 83000 daily share purchases to crush the shorts, traders, yoyos and manipulators . I am confident he will hire the right experts to Play and Win this type of game. PYR Long and Strong :0) Good4You
Comment by Arthur02 on Jan 13, 2021 4:37pm
yassss
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