Post by
islandbrook on Dec 27, 2024 9:23pm
Mellon Trust and Tax Loss Selling
The pressure that PYR has been under for the past month is over. Mellon Trust selling ended last week and tax loss selling ended today (Dec. 27).
Going forward the only sellers will be limited to those who believe that the stock is over priced at $ 0..59 or are in desparate need of funds or expect negative news is coming. On the other hand buyers
. are buying in antipation of a positive NR or will be buying followiing a contract announcement.
Stock prices are determed by supply and demand..Which side do you favour in the month of Januay.I know that I will in adding in thr coming month.
Comment by
Toppert1 on Dec 27, 2024 10:51pm
islandbrook is absolutely right in saying the trust ceased selling last week. Now you're left to hope Thinkbig doesn't start lightening up on his position.
Comment by
dalesio_98 on Dec 28, 2024 1:00pm
Mellon Trust files an ASDP NI 45-102F1 Jan. 3 and 4th in 2023 and 2024. Time to reload Mellon Trust - current balance 57 shares. Good luck to All!