Post by
Dividends on Jun 21, 2021 10:18am
What’s the panick this morning?
Is down a lot.
thanks for clarification.
Comment by
BIGMOE on Jun 21, 2021 10:22am
Shorts are attacking the stock. Last week gain, plus some news from Pyro may reverse the trend.
Comment by
sumpineh on Jun 21, 2021 10:50am
Why would they do that? I thought they only went after companies that were overvalued Maybe the sellers are just traders who got on board while the stock was moving up and are now taking their profits. A lot of posters seem to have shorters on the brain.
Comment by
fdfd12 on Jun 21, 2021 11:15am
Sumpineh, you know that when PYR goes down, it is only the shorts attacking it! It is never anything else? Excellent post Sumpineh. You couldn't be more right.
Comment by
Dividends on Jun 21, 2021 11:27am
I have friends that sold at 8 and will buy back in. They made 5% already. it's speculation game. That's where the money is at with PYR. Buy, sell, buy, sell. You can make easily 4-5% a day. "i speculate with my little eye"
Comment by
GOGREENBABY on Jun 21, 2021 11:43am
True, but you can also be flagged as a trader, operating your trading account like a business and getting taxed on 100% of the profits instead of just the standard capital gains percentage of a long investor.
Comment by
fdfd12 on Jun 21, 2021 11:59am
Not if you do it in your RRSP account
Comment by
Dividends on Jun 21, 2021 12:36pm
I only trade from TFSA and RRSP. Last thing I want to do is pay mo taxes!!! hopefully others are strategic and use their TFSA and RRRSP. tfsa is for my divi stocks like BCE, ENB, Manulife, banks
Comment by
Chrisgodfrey202 on Jun 21, 2021 11:46am
No biggy. Thhe price goes up the price goes down.. some profit taking from the traders.