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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 > Let me put it very very simply
View:
Post by tamaracktop on Jul 31, 2024 2:51pm

Let me put it very very simply

When the stock closed above .935 for five consecutive days ending July 15th, there was no selling pressure from the warrants. 

The warrants weren't repriced until July 17th.

Now that they HAVE BEEN repriced, it will be difficult, if not impossible, for the stock to trade through $0.94

The reason being thar there are now holders of 4 million warrants out there who can now make an instantaneous, risk-free return of 22.7% in one day by selling the stock at $.92 and exercising the warrants
Comment by Holdrrrr on Jul 31, 2024 4:12pm
Let me put it very simply. This is the EXACT reason why YOU run a 150 million dollar high-tech plasma company, and they don't. You never fail to impress. Pure brilliance.
Comment by Melida on Jul 31, 2024 5:24pm
This is so false I wouldn't know where to start!  Waste of time to correct him.  He just keeps on spewing bilge