Petlife Pharmaceuticals Inc. (PTLF)

[Gmarc3]

This is a very low float. 8k says 1.2m shares. This will have come up on everyone's scanners a certainly a big play for monday imo. I would assume a PR monday as well. They certainly don't want their share price where it is and will want to kick start it.

But from what I can see this company does look promising at this point. Lots of room and profit to take getting in down here.

I look at it this way. The company shareholders held all of these shares until an owner sold. Since it is a low float and just the owners that held their shares held the price up at 5.25. Since the selloff on friday however many number of shares were sold had the buying start at .70. So, the way I see it is that we are not really going below that unless another owner sells off.
I think that since a owner/share holder sold off their shares, those that remain to hold their share


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