PURA Gets BUY Recommendation As Pro-Marijuana Bernie Sanders Takes The Lead
February 24 2020 - 10:56AM
InvestorsHub NewsWire
New York, NY -- February 24, 2020 --
via NextBigTicker.com
Puration, Inc. (USOTC:PURA)
is hot today receiving a BUY recommendation from
AmericanBulls (AmericanBulls.com/PURA), a
BULLISH rating from BullishInvestor (BullishInvestor.com/PURA) and a
VERY BULLISH rating from StockTA (StockTA.com/PURA). The PURA PPS started
to climb on Friday after experiencing a retrace from just shy of
$0.05 to $0.03. The retrace was a healthy consolidation with
less than half the volume of the climb the week earlier. PURA
is showing clear signs that is ready to restart one if its periodic
breakout climbs that could see the PPS run back to its $0.15
52-week high. PURA hit $0.09 last September after trading in
the $0.04 range days prior. Last March, PURA hit $0.15 after
trading in the $0.06 range days prior. PURA looks well staged
to see another one of its historic periodic PPS surges triggered by
a series of acquisition news
releases.
AmericanBulls
“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.”
BullishInvestor
“Overall the technical indicators are
signaling a bullish reading for PURA. As such, it may be a wise
decision to consider PURA at these price
levels.”
PURA has recently launched an acquisition
campaign fueled by a $5 million investment. The company has
announced that it expects to close the acquisition of a CBD Infused
Pet Products operation later this
week.
PURA and other cannabis stocks could also
be getting support from Bernie Sanders primary success in
Nevada. Sanders has promised to legalize marijuana at the
federal level by way of a Presidential Executive Order. A
strong showing for Bernie Sanders next week on Super Tuesday could
potentially ignite cannabis stocks. See what The Motley Fool has to say about Bernie Sanders
marijuana legalization plan.
Analyst Speculative Buy and $0.35 PPS
Target
PURA recently
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.
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