New York, NY – December 21, 2018 - Puration, Inc. (USOTC: PURA) has a BUY recommendation from AmericanBulls.com following President Trump signing the Farm Bill into law and legalizing hemp farming. The company also announced yesterday exceeding its $1 million sales goal for 2018 and setting a $5 million sales goal for 2019. The company is thriving and growing and showing now reason not to be trading at the $0.25 PPS high reached a few weeks ago and supported by a sustained Goldman Small Cap Research PPS Target Recommendation. Bulls make money on increasing share prices and bears make money selling short and buying shares to fill short sales executed at a higher price. REGSHO data (see below) shows that PURA has been consistently sold short for weeks now. Yesterday and this morning the PURA PPS rallied only to have cold water poured on the rally by Citadel Securities (CDEL) boxing the bid and offer and scuttling the rally. CDEL has dominated the box for weeks while the PPS has gone sideways with likely short sellers picking up the shares of legitimate and frustrated shareholders. Farm Act news and positive sales results from PURA sparked the rally that threatened short position holders. The rally and subsequent effort to scuttle the rally also exposed the short position. The short position can’t likely hold on much longer. PURA looks to have even more good news coming to include a pending dividend. The rally showed the shorts control is weakening. A $0.25 PPS rebound looks to be on the horizon.
AmericanBulls Buy Recommendation:
“Our system’s recommendation today is to BUY. The BULLISH HARAMI pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.0872, and our valid average buying price stands now at 0.0880.
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity”
PURA REGSHO Short Data
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This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.