New York, NY -- February 24, 2020 -- via NextBigTicker.com


Puration, Inc. (USOTC:PURA) is hot today receiving a BUY recommendation from AmericanBulls (AmericanBulls.com/PURA), a BULLISH rating from BullishInvestor (BullishInvestor.com/PURA) and a VERY BULLISH rating from StockTA (StockTA.com/PURA).  The PURA PPS started to climb on Friday after experiencing a retrace from just shy of $0.05 to $0.03.  The retrace was a healthy consolidation with less than half the volume of the climb the week earlier.  PURA is showing clear signs that is ready to restart one if its periodic breakout climbs that could see the PPS run back to its $0.15 52-week high.  PURA hit $0.09 last September after trading in the $0.04 range days prior.  Last March, PURA hit $0.15 after trading in the $0.06 range days prior.  PURA looks well staged to see another one of its historic periodic PPS surges triggered by a series of acquisition news releases. 

AmericanBulls

“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.”

BullishInvestor

“Overall the technical indicators are signaling a bullish reading for PURA. As such, it may be a wise decision to consider PURA at these price levels.” 



PURA has recently launched an acquisition campaign fueled by a $5 million investment.  The company has announced that it expects to close the acquisition of a CBD Infused Pet Products operation later this week.

PURA and other cannabis stocks could also be getting support from Bernie Sanders primary success in Nevada.  Sanders has promised to legalize marijuana at the federal level by way of a Presidential Executive Order.  A strong showing for Bernie Sanders next week on Super Tuesday could potentially ignite cannabis stocks.  See what The Motley Fool has to say about Bernie Sanders marijuana legalization plan.

Analyst Speculative Buy and $0.35 PPS Target
 

PURA recently announced a next iteration of an ongoing CBD consumer survey conducted by Goldman Research on behalf of PURA to gauge and refine the company’s ongoing approach to the CBD consumer market. 

The Goldman CBD consumer survey included a PURA speculative BUY recommendation and at $0.35 target PPS.  PURA closed yesterday at $0.29.  Realizing the target PPS could deliver a 1000% ROI. 

The full CBD consumer survey update can be viewed at GOLDMAN CBD SURVEY.

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Disclaimer/Safe Harbor:

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.

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