Puf Ventures. All holder should read:There are a lot of new faces looking at PUF this weekend I am sure and a lot of holders are having a great weekend. I just thought I would give my 2c here.
There have been those who played PUF in the past and are now shrugging it off as it did not sustain gains. This time is different IMO and here is why. In NOV Puf released news stating they were #14 on Health Canada's review list. Since then PUF has traded sideways and steadily trending higher. In the last month or so we noticed a further increase in demand and finally on Friday "pop!"
What is really telling is the volume that chased PUF up and the size of the lots being bought. There were multiple 200k 300k etc bids being put in. Those are $100,000 buys. Big players are accumulating because what most new investors don't realize is how small PUFs float and OS are. Puf's market cap (what the company is worth) is about 1/4 of what it should be with a stage 6 license IMO.
With a stage 6 license app (the final stage) and a virtually completed facility PUF will be in the exact position that we saw so many of the giants go through.
Some will remmeber the fantastic weeks where Supreme, Canopy, Aphria, Aurus, and even Beleave went on huge extended runs. I think Puf has signalled that it is moving towards its true value.
In addition the beautiful teaser release by management in the "no material change" NR regarding Germany has me excited. Green and Sunny days ahead! See you in dollar land very soon IMO!
GLTA!