PURA News Out - Vol and PPS Alert VOL and PPS A
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VOL and PPS ALERT on KALY and PURA
New York, NY – November 25, 2016 – Wall Street Corner Report
Wall Street Corner Report highlighted KALY, USMJ, and PURA as Thanksgiving day picks in a release published Wednesday, November 23, 2016 (see below). Today both KALY and PURA are seeing large bids exceeding current ask by 5 to 10 times. KALY has broken its 50 Day MA and volume is already over double the daily average and well on its way to a six month high. PURA has broken back above $0.02 after seeing a dip with over 1 million shares on the bid and less than 100k on the offer at the time of this writing.
See the KALY, USMJ and PURA overviews published Wednesday below:
Wall Street Corner Report Thanksgiving Day Stock Picks – KALY USMJ PURA
New York, NY – November 23, 2016 – Wall Street Corner Report
Kali, Inc. (KALY) has been in the news more lately with an online strategic plan presentation of its move into a niche $100 trillion market, a new COO and BUY Recommendation from American Bulls. Trading volume is increasing and price is pushing the 50 Day MA. A breakthrough looks imminent to us. The stock is trading over $0.03 and pushing the $0.04 50 Day MA. Once it hits $0.04, KALY has the potential to fly to $0.12, its 200 Day MA. Thanksgiving is a time for surprise rallies in stocks that having been in the spotlight recently.
North American Cannabis Holdings, Inc. (USMJ) saw a climb from $0.0001 to $0.0006 on trading volume that made it the number one most actively traded stock on the OTC Markets before the election and all the new marijuana legalization. USMJ has come back to $0.0003 to $0.0004 after the election on less volume than leading up to the election. USMJ has some major news events pending and anyone of them, such as a pending Dividend Pay Date announcement could trigger the rally building to what we believe is the next high of $0.001 on the foundation of a healthy post-election consolidation.
Puration, Inc. (PURA) saw a climb from $0.005 to a high of $0.06 on $100,000 a day trading volume prior to the recent election and all the new marijuana legalization. PURA has seen a healthy consolidation between $0.02 and $0.04 since the election. PURA has dipped below $0.02 and we believe its set to bounce. PURA has indicated adding another extraction contract before the end of the year and has recently announced a new office in California. We expect the next announcement for PURA could trigger another dramatic climb. $0.10 could happen before the end of the year.
Wall Street Corner Report
Wall Street Corner Report is the premier discovery site for promising, yet undiscovered small and micro-cap stocks featuring opportunities in an ethical, professional, and responsible manner. We're not fiendishly 'short' sighted nor are we here to dream the impossibly 'long' dream. We take a practical view on the big ideas of well-intentioned management and look to profit on each reasonably achievable step the well intentioned mangers take toward their big ideas.
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act" , and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
Jack Taylor
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