Short Squeeze Alert - USMJ and PURA Short Selling Could Catapult PPS Skyward

Date : 05/11/2017 @ 10:52AM
Source :InvestorsHub NewsWire
Stock : Puration Inc. (PC) (PURA)
Quote : 0.026  -0.001 (-3.70%) @ 3:59PM

Short Squeeze Alert - USMJ and PURA Short Selling Could Catapult PPS Skyward

New York, NY -- May 11, 2017 -- Wall Street Corner Report
 
North American Cannabis Holdings (USOTC: USMJ) and and Puration, Inc. (USOTC: PURA) have both been experiencing heavy short selling of late, and it looks like that short selling could ultimately drive the share price of both companies higher.
 

    

 
Short volume has accounted for over 50% of the total trading volume on 2 of the last 10 trading days for both USMJ and PURA.  Last year, in 2016 USMJ substantially increased its issued and outstanding while probably financing growth with less than favorable investment terms.  PURA is a younger company, but a spinoff of USMJ and probably suspect of dilution like USMJ.  However, since the beginning of 2017, new stock issuances for both companies have been modest.  The two companies just announced private equity financing and that could mean future stock issuances will probably be even lighter.  It appears management is making progress at improving its sources of investment capital. 
 
The stock shorters just don’t seem to have been paying attention and it could cost them dearly. 
 
Candlestick analysis publish by Stock Technical Analysis (stocta.com) indicates the market appetite for USMJ is OVERALL BULLISH in spite of all the short selling.  The market appetite for PURA, a younger company is NUETRAL.  With all the short selling, the shorters have not been able to turn the market negative on PURA.
 
Now both Companies have clearly started a PR campaign built around what seems to be a new wave of developments for the two Companies.  In addition to the new private equity deal, USMJ is dusting off and reintroducing its American Seed & Oil Company.  PURA is introducing new EVERx products.  Recent press from the two Companies indicate we’ve just seen the beginning of some bigger news on its way.
 
Between the Companies developments and coming news, and the fact that recent shorting has not dampened shareholder enthusiasm to a point of being negative, the short selling is probably going to end up contributing to an increased PPS for both companies.  A big news release that drives a big day of buying will probably make shoters through towel and cover which will just add to organic buying and catapulting the USMJ and PURA share prices.
 
Other companies topping OTC Short Reports most shorted stocks list include:
 
POCKET GAMES INC (OTC Pink - Current Information:PKGM)
 
DIGITAL BRAND MEDIA (OTC Pink - Current Information:DBMM)
 
 
Wall Street Corner Report is the premier discovery site for promising, yet undiscovered small and micro-cap stocks featuring opportunities in an ethical, professional, and responsible manner. We're not fiendishly 'short' sighted nor are we here to dream the impossibly 'long' dream.  We take a practical view on the big ideas of well-intentioned management and look to profit on each reasonably achievable step the well intentioned mangers take toward their big ideas.
 
http://www.wallstreetcornerreport.com/more-news/
 
https://twitter.com/WallStCornerRpt
 
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
 
Jack Taylor

Puration Inc. (PC) (USOTC:PURA)
Historical Stock Chart

1 Year : From May 2016 to May 2017

Click Here for more Puration Inc. (PC) Charts.

Puration Inc. (PC) (USOTC:PURA)
Intraday Stock Chart

Today : Thursday 25 May 2017

Click Here for more Puration Inc. (PC) Charts.

Latest PURA Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.