Post by
tamaracktop on Jun 14, 2024 3:10pm
Still intact down to .58
Any pullback is normal after this big move.
Almost a double off the low, which was both surprising and somewhat amusing.
I'm inclined to think the stock is being supported here by some expecting a substantial cash injection from Drosrite by quarter's end.
10 more trading days.
A 20% pullback from yesterday's 72 cent high could take it as low as $.58, and still be considered a normal correction.
$.56 or lower is re-entering bear market territory.
When it confirms resumption of the downtrend, it will be a quick trip to new lows.
Why wait for that?
Comment by
Melida on Jun 14, 2024 3:41pm
"somewhat amusing" ? Not quite. WHat's somewhat amusing is that for months now you have been consistently wrong and out of touch with respect to the share price.
Comment by
filoux004 on Jun 14, 2024 4:06pm
Dude you stated unequivocally that Pyro would never trade over .60. EVER. Glta.
Comment by
tamaracktop on Jun 14, 2024 4:17pm
Unequivocally? Somehow I doubt that, but if you wouldn't mind quoting me, I'll freely admit it. It closed at .64 today. What a grievous mistake. Lol.
Comment by
tamaracktop on Jun 18, 2024 3:23pm
Still waiting for hard evidence to prove this allegation. None has been produced, nor is any forthcoming. There is none. But good enough to please several pumpers here anyway.
Comment by
dalesio_98 on Jun 18, 2024 3:31pm
You dod indicate it wouldn't trade over 60 cents. Good luck to All!
Comment by
tamaracktop on Jun 17, 2024 5:57pm
Not an awe-inspiring close today. Perilously close to a danger zone that would lead to a probable hard-down. Back to back closes at the day's low and down 17% from Thursday's high two days later isn't the end of the world, but nor does it reassure those who are fed up.
Comment by
tamaracktop on Jun 17, 2024 11:36pm
"Not an awe-inspiring close today. Perilously close to a danger zone that would lead to a probable hard-down." Wait until the trust files. If the VWAP of their trades today is in the very low 60's, then we'll know for sure that it was the trust selling very late in the session.
Comment by
tamaracktop on Jun 20, 2024 6:14pm
The bulls here have dodged a bullet, for now.