PINL:GRPOF - Post by User
Post by
KnowledgeBaseon Nov 07, 2018 11:59am
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Post# 28937572
Support at .98- Important!
Support at .98- Important!We have a monthly support line around .98 which wer are pressing up against. If it holds we should see some upward action moving into the end of this week / early next week. Looking to break above 1.06 which is our top end resistance. This could send us back up to our high for the month. otherwise if we break below .98 we could free fall as low as .84.
On another topic; I don't think FDA or the DIN being approved is going to be an issue at all. It's clear there is a usage, we know it will differ from a double blind placebo and as such it is going to be clear during testing. The question in the near term is related to the 12 Million unloaded on TPB's newest aquisition. It could be good news moving forward, the main benefit being the NHP portfolio which we did not have access to under the old licensing agreement. This was something I was unaware of the other day when I intitially voiced my concerns. With this in mind I think it is far more likely that we see growth from this company and with sole ownership thr growth and profit from it is all ours.