Post by
Melida on Jan 17, 2024 7:59am
Something to Note
It was a down day yesterday in all the financial markets. Nice to see how well Pyro performed in terms of both share price and volume of shares traded.
Also note that yesterday's NR relates to only one of so many applications of Pyro's plasma technology.
Long term investors in Pyro have got to be feeling pretty positive right now
Comment by
Mostlyserious on Jan 17, 2024 8:35am
From my experience, significant news on any stock impacts the trading in a way that is not necessarily influenced by overall market. Also, on any market up or down day, there will be stocks that are down or up since the market is an index. Hope this helps in providing some encouragement that PYR does not have to automatically drop on a day when the market is down.
Comment by
Melida on Jan 17, 2024 8:50am
At the present time, market sentiment is bearish. Small cap tech stocks have been hammered in the past 18 months. When you consider that Pyro hit a low of 36 cents in December, 2023, I would say an almost 100% increase since that time is particularly encouraging. Don't all the facts speak for themselves?
Comment by
Mostlyserious on Jan 17, 2024 9:03am
For sure the price appreciation is good to see. i was just pointing out that not every stock will go down on a down market day. And yes, I would agree that those small caps that have not performed well did not see positive changes to their share prices.