GREY:PRCNF - Post by User
Comment by
lifegoesonon Jan 18, 2019 8:56am
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Post# 29250164
RE:Looks like a Bottom Forming here !
RE:Looks like a Bottom Forming here !Robvc, it's Friday, you know what they say, anything can happen on a Friday leading into a weekend. 11.2 M shares passed hands over the last 4 days of trading, the price shot up over $0.30, speculators who bought low exited, others bought positioning for the long term. What this a cycle of trading induced by PURE to bring out the loose float (you must admit, they didn't support the play and allowed the price to drop to below $0.14, thus allowing speculators to buy who were simply betting on PURE getting their licence). No matter what the reason for this volume, the pullback was rather soft and stopped around $0.25. Let's see what these guy have in the Investor Relation purse.