A tale of divergent directionsThe reaction of PUF to the news was incredibly disappointing. Started at $0.80 but couldn't hold.
The IPO of MTEC did the opposite, started with a drop to $0.25, and climbed to $0.46 before a late day dump. MTEC came out with a release after close with management converting options into shares and putting their interests in line with shareholders.
Sometimes the market tells you a story, it's just a matter of whether you're ready to hear it. The positive action is clearly in MTEC's direction, until something changes with the way PUF works with investors. Follow through will go a long way in this market.