The market as a whole is dropping, which is the best time for companies who have permission to buy back shares. PYR has the authority to buy back a pile of shares which would then be cancelled, now would be a great time to do such a thing.
For some reason the market has latched on to fosil fuel companies once again, not sure why but investors chase the money, but this could be the energy companies divesting from their investments to buy into greener choices. The weather in Canada has been pretty extreme drought, floods, tornados, with so much devistation which is costing us billions to repair. Yes repair meaning it will keep repeating itself until changes happen.
I bought into PYR and HPQ because of what their goal and offerings are. I must be honest I didn't buy because of the CEO's Peter, and Bernard as they are no different than other CEO's running the companies they have control of. Especially seeing they both have controlling interest and can never be removed from their positions as they control the most votes. But Peter and Bernard are smart enough to hire and take direction from the professionals they employ.
To me investing my money is about growing it. I bought my shares in both HPQ and PYR and will hold them for a longtime. If I didn't buy the shares my money would still be sitting in my bank account. Though I am down a fair chunck in both these companies I hold because I am sure they will bounce back and grow my money. Just wish they would use their authority to buy back and cancel shares while the price is low.
Hang in there.