Common Stocks and Uncommon Profits
Arcam is one of a few that meet most of the criteria for a stock worth an investment. I keep my eyes on a company's: management, a focus on research, and future demand. PYRNF falls short on management and research. That's why I taken Pascal's wager on PYRNF (what if I'm wrong?), and many multiples more in AMAVF.
PYRNF kinda oversells plasma as if it's a rare and difficult state of matter to produce, and that they're the wizards. There are other plasma waste processing companies. Turn on a florescent light, and there before you is the 4th state of matter. Their research budget is a pittance. Their researcher has a master's degree. Last I looked they weren't doing any cooperative research with anyone else. Compare that to Arcam where you see research being done at national labs, universities, and company campuses. Faculty numbers in those research areas increased because of the potential they've seen in metal 3d technology.
Future demand is certainly there for what PYRNF offers. Maybe they'll make their profits on metal powders soon. That's why I have anything in them. Will company culture change though?
Maybe things have changed there lately, that is, beyond offering metal powders soon. I hope so.
