PURA Pop Potential From Under $0.03 To $0.15 After Gap Open To $0.04

March 3, 2020 -- InvestorsHub NewsWire -- via NextBigTicker

Puration, Inc. (USOTC:PURA) gapped open today trading at $0.04 after closing under $0.03 yesterday. The PURA PPS has been trading around the $0.03 range now for days. The OTC Short Report indicates high short selling volume. Short sellers have been trying to profit in the cannabis market now for about the last year and doubled down of late in the Coronavirus market. PURA operational performance continues to be strong and has recently added a rollup campaign. PURA has been resilient against short sellers. The gap open to $0.04 today is an indication that short sellers efforts may be weakening. PURA has a $0.15 52-week high. PURA has a history of big periodic runs. The company has just started a rollup campaign of CBD infused beverage, edible and topical operations backed by a recent $5 million investment.
Once the coronavirus market reaction passes, PURA stands to enjoy a potential PPS spike.

Analyst Speculative Buy and $0.35 PPS Target

PURA on Wednesday last week announced a next iteration of an ongoing CBD consumer survey conducted by Goldman Research on behalf of PURA to gauge and refine the company’s ongoing approach to the CBD consumer market.

The Goldman CBD consumer survey included a PURA speculative BUY recommendation and at $0.35 target PPS. PURA closed yesterday at $0.29. Realizing the target PPS could deliver a 1000% ROI.

The full CBD consumer survey update can be viewed at GOLDMAN CBD SURVEY.

Data443 Risk Mitigation (ATDS), Hemp (HEMP) and Medical Marijuana (MJNA) are otherl stocks that warrant some interest at this time.

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