Pure Bioscience, Inc. (PURE)

[The Rainbow]

JK, I am in half a dozen COVID-19 trades and they are all in strong up trends, especially this past week. I do not even look at the rest of the market because of the strength of my solid COVID involved companies.

These fundamentally solid COVID companies may show some volatility, but 100% of my holdings are in solid up trends or consolidation.
Why? Each of them, including $PURE, is showing record revenues and should increase in share price through 2020.

One issue investors should be cautious about is that a few companies are taking advantage of these share price increases to dilute. This hurt their upward movements. Since $PURE has not filed a share increase it is doubtful they are diluting.

I see no technical reason for $PURE to fall through the floor as it has.

The only possibility is a large seller, or something happening with the fundamentals of the company. I hope they take advantage of their good fortune, albeit due to poor circumstances, to do a complete company makeover.

TheRainbow