Dear Reader, Last week’s bonus stock recommendation was Creso Pharma [ASX:CPH]. Our initial buy-up-to price on Creso was 65 cents. However, in light of a recent trading halt, we’re raising the buy-up-to price for Creso Pharma to 75 cents. While it’s possible that once Creso comes off the trading halt they will again rise above the buy-up-to price, we anticipate that there will be buying opportunities for the stock at, or below the 75 cent level. The trading halt mentions a, ‘significant sales and distribution update regarding Creso entering into a new region.’ We should make note that this isn’t a guarantee the news will be positive. It could in fact be negative and the stock price could tumble. However, with the recent number of positive announcements from Creso we anticipate it to be good news and to push the stock higher. DATED MONDAY 20TH MARCH.
