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Pure Global Cannabis Inc PRCNF

Pure Global Cannabis Inc is a growth-oriented life science cannabis company led by experienced pharma-industry, horticultural and supply chain experts.


GREY:PRCNF - Post by User

Comment by lifegoesonon Dec 21, 2018 8:50am
39 Views
Post# 29145179

RE:Bot trading

RE:Bot tradingSokoboy, no doubt BOT trading is out there because there are very cheap commissions and ones that let you trade all you want all day for the same price. However, nothing like when I used to trade back in the 90's, get this today we pay under $10 for a buy and sell, then an average 10,000 shares at $1 would cost $225 to buy and $225 to sell, this meant you need to the price to move  more than $500 to make a profitable trade.... TODAY, we can trade for almost nothing, electronically, quicker, etc.... the world has changed....

As for PURE, the grant of a licence will not get much, if any, lift, this is now a long term revenue game, and they will need to make lots of it to balance out the number of shares already issued, that is why the $10M deal was so important until it was cancelled..... and judging by the selling and lack of action, I suspect they don't have anything of significance in the pipeline...
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