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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 > Lemmings beware....
View:
Post by ITSUP2ME on Aug 09, 2021 11:21am

Lemmings beware....

A fundamental problem with short selling is the potential for unlimited losses. When you buy a stock (go long), you can never lose more than your invested capital. ... But if the stock goes up to $100, you'll have to pay $100 to close out the position. There's no limit on how much money you could lose on a short sale.

GLTA...
Comment by Thinkbigsti69 on Aug 09, 2021 11:26am
+ the very low public float will cause shorters to be extremely short squeezed when great news comes out.
Comment by Thinkbigsti69 on Aug 09, 2021 12:06pm
SHORT SQUEEZE FAST APPROACHING. BURN!
Comment by Thinkbigsti69 on Aug 11, 2021 7:17am
The short squeeze will be a thing of beauty.
Comment by AverageJoe on Aug 11, 2021 8:14am
We won't see a squeeze as there is only about a half of a percent shorted against the float.  You'll be paying over 10% to short this stock so for the few bashers out there, you better cover.  We've tested 5 dollars 3 or  4 times now next break and we should see a significant upswing, if there is news with volume, we will run!
Comment by Chrisgodfrey202 on Aug 11, 2021 10:36pm
Agreed. The stock has been overworked and there arent many uninformed longs for them to pick up.  Their pump and bash routine is running dry.
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