Posted On: 07/19/2016 2:48:56 PM
Post# of 431
$PURA Super-Tight-Float-Slowing-Volume; PPS-Ready-To-Pop
Company Puts Out News and Gets Featured In An Article From Financial News Media with Hardly 100,000 Shares Trades So Far Today.
What’s up.
A Super Tight Float!
Market Makers are trying to build inventory. With only 50 mm shares issued and out, and clearly closely held in light of all the news, a healthy bid and now shares hitting the market – PURA is ripe for a PPS run up, but only after MM’s build some inventory so they can benefit.
CDEL is on the offer with 6,000 shares at $0.18 and the bid with 50,000 at $0.03. They want to buy and have nothing to sell.
AEXG has regularly been best offer with 10,000 (probably a magically replenishing 10,000) and ridiculously out of the market on the bid. They’re trying to short their way into a position.
Interesting to watch.
PURA’s got an interesting offer in a hot market with an attractive cap structure. Market Makers will probably keep dancing until they find the right moves to make PURA’s volume and PPS take off.
Enjoy the show in the meantime … and accumulate the scraps here under $0.10.
Company Puts Out News and Gets Featured In An Article From Financial News Media with Hardly 100,000 Shares Trades So Far Today.
What’s up.
A Super Tight Float!
Market Makers are trying to build inventory. With only 50 mm shares issued and out, and clearly closely held in light of all the news, a healthy bid and now shares hitting the market – PURA is ripe for a PPS run up, but only after MM’s build some inventory so they can benefit.
CDEL is on the offer with 6,000 shares at $0.18 and the bid with 50,000 at $0.03. They want to buy and have nothing to sell.
AEXG has regularly been best offer with 10,000 (probably a magically replenishing 10,000) and ridiculously out of the market on the bid. They’re trying to short their way into a position.
Interesting to watch.
PURA’s got an interesting offer in a hot market with an attractive cap structure. Market Makers will probably keep dancing until they find the right moves to make PURA’s volume and PPS take off.
Enjoy the show in the meantime … and accumulate the scraps here under $0.10.
(0)
(0)
