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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 > PPP keeps selling again his shares after the stock pumped.
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Post by Exbomertrainair on Jan 20, 2024 1:19pm

PPP keeps selling again his shares after the stock pumped.

He is selling shares of 10% Security Holder of Issuer. Now the number of his shares down to 2.4 millions. Pls tell me any idea for this selling?
Comment by tamaracktop on Jan 20, 2024 11:26pm
He's bailing, plain and simple.  He's selling as much as he can as fast as he can. 50,000 shares on Wednesday is apparently literally "as much as he can on any given day". I only say that because of the fact that the trust has never once sold more than 50,000 in one day, which it has done many many times. He's been the biggest seller in the open market for well over ...more  
Comment by HARJAY on Jan 21, 2024 12:04am
I thought every understood about the trust;s mandate to sell. Obviously you still dont comprehend the concept. Has he sold any of his personal holdings or has any other insider reecently sold any of their own personal holdings ?  The last insider to sell any of their own holdings was back  in early  Aug at $0.92 mind you they had acquired options at $0.51 before that  so its ...more  
Comment by tamaracktop on Jan 21, 2024 12:18am
Hmmm. Not only is he the administrator of the trust, but he's the sole beneficiary of the trust. Maybe it's you who should try to understand the concept. 
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