GREY:PRCNF - Post by User
Comment by
robvcon Oct 07, 2018 3:25am
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Post# 28758940
RE:I'd have to bet the cockroches are shorting this one
RE:I'd have to bet the cockroches are shorting this oneNot sure about the shorting part.When you have half million volume every day yes there is a few shorting because they know their is support for them. I believe the legalization will have little effect on pure at this stage. If anything i see a slow drift to mid 20's before a bottom forming . It's relative to where they are right now. The license will give it a bump but now i believe it's the PE and this company is about 6 month's out. Great start for sure but the market want's earnings now.No more speculation.and many will fall or get gobbled up. Pure looks to be a solid company though. i,m in for a 2yr ride at this point. Happy trading.