Post by
wasitreallyok on Jun 13, 2022 4:12pm
Red
With low interest rates there are a lot of investors who got in to the market way over their heads using borrowed money. Now with interrest rates going up and markets tanking (correcting) these same investors are now bailing and selling their holdings to pay back their loans. No matter if it's tech, banks or high risk there's a big selloff happening. Am I going to panic on the market tanking, no. Am I uncomfortable, yes a bit. But I have done enough dd in where my money is invested that I will just stay put. PYR and HPQ arre getting hit with the rest of the market, but without debt these companies will be fine. Even Canadian banks are getting hammered, but guess what they keep paying me a dividend so I will ride it out.
If you own everything out right without debt things will work out. So get out enjoy the sunshine leave the computer off, quit checking prices everyday. If you don't need the cash stay the course. If you want to come on here and be negative I likely won't see your post as you will be on my ignore list pretty fast. If you are insecure leave your money in a savings account and join the panic and sell.
It's going to be a hot summer so hang on and enjoy the ride.
Comment by
developbc on Jun 13, 2022 5:59pm
Definitely. Key is excellent balance sheet with cash and no debt and PYR and HPQ unique products will be not only desired but absolutely needed in massive industries moving forward imho very significantly regardless as the world is going green...plus these solutions are more cost effective! Long and strong PYR!!!!!!
Comment by
Dividends on Jun 13, 2022 10:24pm
I'm selling most stocks I am up on. not worth holding to collect 4-5% dividends now. I can get a gic at 4.5% a year for 5y. lock it up good ladies and gentlemen
Comment by
developbc on Jun 13, 2022 11:48pm
Please remember to take pic of your feet kicking yourself in 5 years comparing your 4.5% vs pyr returns. The world is going to need Pyrogenesis offerings in more ways than one...in fact 5-6 divisions. Long and strong PYROGENESIS
Comment by
Dividends on Jun 14, 2022 6:26am
Pyr I'm gonna email peter for $8 a share and sign agreement I can never purchase again and move on. he should have no problem if he's actually landing those big deals. He could call it payback for me bashing him. im just happy with 4.5% steady
Comment by
Gordinno on Jun 14, 2022 9:20am
Your shares are only worth $2.61 right now,so why would someone give you 8 dollars
Comment by
Dividends on Jun 14, 2022 9:48am
Like I said imagine if Peter made pyro into a $20++ stock and I sold to him for $8. It's the pumpers chance to put their money where their mouth is. some were saying 12-14$ by 2023 so $8 is still a great increase
Comment by
Dividends on Jun 14, 2022 10:08am
Giving him the opportunity will tell us if anything BIG coming in 2022. I don't think so tho