Why has ATLAS PEARLS AND PERFUMES been going to crazy?

Discussion in 'Stocks & Derivatives' started by ShinyStuff, Aug 16, 2014.

  1. ShinyStuff

    ShinyStuff New Member

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    Would love to know! I have some shares, but should I get more or take the profit and run?

    I really believe in this company by the way.

    Shiny
     
  2. ozcopper

    ozcopper Administrator Staff Member

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    They are rising for a few reasons. The number of pure pearl plays has been reduced from 16 players to 3, which Atlas is one of them, also, in their last auction, they sold 55,000 pearls for $2.5 Million which was 20% over reserve, finally, they got some TV exposure last week which is why I know all of this :p
     
  3. ozcopper

    ozcopper Administrator Staff Member

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  4. ShinyStuff

    ShinyStuff New Member

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    Thanks ozcopper. I did see the story, but it was hardly saying BUY ME!. Sure it was positive, but not bullish. Well, IMHO!

    shiny
     

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