PURA Pop Potential From Under $0.03 To $0.15 After Gap Open To $0.04
March 03 2020 - 2:38PM
InvestorsHub NewsWire
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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