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Short covering is when they buy the shares bud. Short covering will cause the stock to go up as they buy back the shares with the money they had from dumping them on the market. They keep the difference.
Short is when they borrow the shares. Dump them on the market and take the money from those sales, wait for the market to panic and sell, then they buy them back much cheaper than they sold them at and pocket the difference. This week is not short covering. It’s actual share being dumped. Covering comes after the bear market is triggered.
Signing of farm bill is at 2:30. In 15 minutes
News targeted shorting. If the line holds and buy pressure wins this thing will blow when they need to cover. Seen it many times.
Wtf?!! If they get a grant for 77,000,000 that would be RIDICULOUS!!!
I sold out of my company to my partner. It took me over a month for one God damn page to get sorted. Then the transfer etc will take another month. Lawyers are insanely slow.
Traders or ppl who bought at .0033 or higher and watched this thing go into trips in a matter of a couple weeks. Some of those ppl are exiting. Ppl who are long will hold.
Nice!!!
Lol this audit still isint done?!? What a joke.
Unacceptable. My mom is heavily invested here. I got out when I knew this idiot wouldn't make it happen for quite some time. Fingers crossed for January.
Or beer money traders
Ive been trying to get in for a week. All I could get is 50,000 :(. I'm hungry
As an I . Nice and cheap. Bid sitting a good size in case someone wants to give me a nice discount.
Farm bill passed baby!!!! Here we go!!!
Wow that's incredible
Hatter was it you that caught some info about Budweiser being a client? Care to re share?
I public company on the pink exchange with actual products on real shelves?? No way!?!? Most pink sheet scams are nothing but she'll pump schemes. This is the real deal people
Very true. I tried to pick up a good chunk and once I slapped the ask for a good peice, the next shares were 20% higher so I wanted and could only buy a few
Likely they would have PRd that it's pending.
I agree. I didn't flip. Im holding. I traded out of some other losers took so pre Christmas capital losses and I'll collect my gains on this one in the new year.
Ofcourse :). I'm sure there are a ton of us who will pick up any 2s today.
Flipping is ok! We just brought on board 10 million shares over .0028 now. These ppl will want to wait and make a good gain. People who got out with 100% and 300% are happy and that's ok. They'll be back next leg up and help us push the price up.
Very true. I'm on vacation and I almost did. Instead I chose to put a buyer order in and scoop up stop losses. Yeeha!
Healthy churn at this level. we need new holders with higher averages to keep things going. Ppl taking profits or exiting after 100 to 300% are not weak. They are smart. Let's HOWEVER ride to 1,000 plus
I agree.
I agree .02 at best. Way too many shares out
If a company is grossing 62,000,000 means they likely net at least 20,000,000. A company like that would sell for around 60,000,000... Unless it's belly up with debt. We don't have enough shares to buy that and if it's heavy in debt, not necessarily a good deal.
I want nothing else but this to go. I own 5,000,000 at .0028. so I'm bag holding. That being said, I need something to sink my teeth into. How about that spokesperson we've been waiting for. We're going on 6 months. If it was that far out, should have said nothing until it's closer.
Where do they find the money to buy a company that generated 62,000,000 a year. I would love that but that's like a company that does 10,000,000 a year buys coca cola. Makes no sense.
Acquiring companies with 62 mill revenues or dealing with companies with this much revenue?
If they bought 62 mill companies, with what money?
This was traded hard guys by professional pumpers. Has noting to do with the company. We are all holding bags here but it's to no fault of Pura.
There is no such thing as suspension watch. Please provide this watch list if you have this mystery list that doesn't exist.
Those stock promotions don't work at all. I actually see them as the kiss of death. If they run out of pr they go into promotion overdrive which just devalues any actual or of substance. I wish they just stopped doing that and save their money.
How can you even say that. All time high just a few months ago was .0086. if we retrace we are laughing. This coming is also moving along quite nice. Can't say never, can say not likely but never and always are actually paradox.
How do you know it's naked?
Thought you were already out?
Alkm shares are diluted the nothing. All shares out yet they are going through all the trouble of auditing the statements. Which means only one thing. Acquisition. Or RS, I don't believe RS makes sense here seeing as Pura has been investing a ton in alkme's equipment, in my opinion that's like a deposit.
Great job and good to hear they are in communication. Guys. This stock is cheap because we are waiting on news, if it was in place, it would be much higher. Just be patient or worst case, trade the stock otherwise. Long means patient. If you can't be patient. Trade. Lots of money to be made trading. Just way more for longs but it's a b!tch waiting.... We all know that. Woosah.
I Beleive alkm is being bought out by Pura.
So is canopy Growth as well? They went from 72 down to 36. Some scam huh!?
Quarterly report out! Catching up guys. 5 more to go!!!
The no trade ticker.
Clearly this was a cash grab today. Scare ppl out of their shares pre run. Fools that sold! Man oh man!