InvestorsHub Logo
Followers 54
Posts 7809
Boards Moderated 0
Alias Born 06/13/2006

Re: None

Monday, 07/09/2018 5:01:49 PM

Monday, July 09, 2018 5:01:49 PM

Post# of 3063
As you can see here, the field of which Petlife is a part and competitive with established companies,and poor prospects/diminished earnings can and result in a big drop in the stock price very quickly.
Imo news like this is not exactly a ringing endorsement to buy PTLF, a financially struggling companies selling at at .006 and with no positive news of any kind in a long time to give an objective investor reason to buy it.

https://www.schaeffersresearch.com/content/news/2018/07/09/analyst-dump-this-drug-stock-now