PURA BUY RECOMMENDATION FOLLOWING FARM ACT - $0.25 PPS REBOUND ON HORIZON
December 21 2018 - 12:21PM
InvestorsHub NewsWire
PURA BUY RECOMMENDATION FOLLOWING FARM ACT
- $0.25 PPS REBOUND ON HORIZON
New York, NY -- December 21, 2018 -- InvestorsHub
NewsWire -- Puration, Inc. (USOTC:
PURA) has a BUY recommendation from AmericanBulls.com
following President Trump signing the Farm Bill into law and
legalizing hemp farming. The company also announced yesterday exceeding
its $1 million sales goal for 2018 and setting a $5 million sales
goal for 2019. The company is thriving and growing and
showing now reason not to be trading at the $0.25 PPS high reached
a few weeks ago and supported by a sustained Goldman Small Cap Research PPS Target
Recommendation. Bulls make money on increasing share
prices and bears make money selling short and buying shares to fill
short sales executed at a higher price. REGSHO data (see
below) shows that PURA has been consistently sold short for weeks
now. Yesterday and this morning the PURA PPS rallied only to
have cold water poured on the rally by Citadel Securities (CDEL)
boxing the bid and offer and scuttling the rally. CDEL has
dominated the box for weeks while the PPS has gone sideways with
likely short sellers picking up the shares of legitimate and
frustrated shareholders. Farm Act news and positive sales
results from PURA sparked the rally that threatened short position
holders. The rally and subsequent effort to scuttle the rally also
exposed the short position. The short position can’t likely
hold on much longer. PURA looks to have even more good news
coming to include a pending dividend. The rally showed the
shorts control is weakening. A $0.25 PPS rebound looks to be
on the horizon.
AmericanBulls Buy Recommendation:
“Our system’s recommendation today is to BUY.
The BULLISH HARAMI pattern finally received a
confirmation because the prices crossed above the confirmation
level which was at 0.0872, and our valid average buying price
stands now at 0.0880.
Let’s jump on our white horses and go for a bullish ride. The
bullish pattern that was previously identified is finally confirmed
and a BUY signal is generated. Most probably, it is the
right time to participate in bullish fervor. The market is telling
you about a new profit. Do not miss this bullish opportunity”
PURA REGSHO Short Data
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