PURA PPS On Verge Of Breakout Back To Recent $0.09 High After Pending Short Cover

Dallas, TX – March 1, 2017 – Wall Street Corner Report
 
Puration, Inc. (USOTC: PURA) is on the verge of a PPS breakout as a month of short sellers attempting to cover comes to an end.  On February 2, PURA was one of the most shorted stocks on the OTC.  Again, on February 22, PURA was one of the most shorted stocks.  Short sellers have continued all month to sell short every day (see chart below) in an effort to hold back the PPS and cover their short positions.  Short sellers have found now eager sellers willing to give up long-term positions.  Between the short selling to hold back the PPS and the high volume short selling on the 2^nd and the 22^nd, short sellers have failed to cover their positions.  February has ended and the shorts are on borrowed time.  Month end reconciliations are coming and so is the buy-in to cover their outstanding short positions. 
 
Stock Technical Analysis (stockta.com) continues to rate PURA BULLISH in the long-term making the outlook for short sellers even more bleak.  Hold on to your hat and get ready to see the PURA PPS breakout above $0.06 and reach previous highs of $0.09.
 

 
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
 
Jack Taylor
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