Multiple Bullish Drivers and rationale here:
Potential Earnings Surprise in under 2 weeks
PPS has fallen dramatically, and bounced on the topside of the establish "Inherent Value Channel", before being pushed to the bottom half of the channel on a secondary offering, which should show plenty of available cash Pro Forma on the 10K.
Company is in a strong growth mode, cash from last offering seemed more than needed for "normal operations". Potentially something big in the winds? Acquisition/expansion/major contract?
Seems like this ticker had a period of channel trading, which was followed by a major uptick in volume, then a short attack. Now the PPS is settling back into the bottom of its normal trading channel. Ripe for a long position.
Potential Earnings Surprise in under 2 weeks
PPS has fallen dramatically, and bounced on the topside of the establish "Inherent Value Channel", before being pushed to the bottom half of the channel on a secondary offering, which should show plenty of available cash Pro Forma on the 10K.
Company is in a strong growth mode, cash from last offering seemed more than needed for "normal operations". Potentially something big in the winds? Acquisition/expansion/major contract?
Seems like this ticker had a period of channel trading, which was followed by a major uptick in volume, then a short attack. Now the PPS is settling back into the bottom of its normal trading channel. Ripe for a long position.