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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 > Shorts cannot cover ...
View:
Post by ScienceFirst on Dec 27, 2021 12:36pm

Shorts cannot cover ...

Shorts cannot cover and this is why the stock price keeps climbing.

Last time MidTownGuy posted the "time to cover", shorts had 15 days to cover.  And interest on their borrowing was 11%!

What a bunch of clown.

Congrats to longs to having weathered shorts pathetic FUD strategy.  That was simply a golden opportunity to add more for longs.
Comment by ScienceFirst on Dec 27, 2021 1:04pm
On no news, this is clearly shorts that have been caught by surprize.  We've seen this pattern many times on other stocks. Shorts in Canada will have to cover.  So the stock price will continue to go up because of their turn to have to cover.  But in their case, they will already have a deficit of 70-80% in the share price to overcome even before the market opens.  And ...more  
Comment by sbbb2x2 on Dec 27, 2021 1:14pm
Science - we are closed tomorrow as well SBBB
Comment by ScienceFirst on Dec 27, 2021 1:23pm
Thanks SBBB for the reminder.  It's gonna be even more painful for the canadian shorts if the stock price keeps climbing on the US side tomorrow! ... ;-) And Windywolf was bashing on the Canadian Market Holidaysagenda!!!!  What a con he is! 2021 Stock Market Holidays - Stock Markets Closed Canadian Holidays* New Year's Day - Friday January 1, 2021 ...more  
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