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6 pts

Opinion on  US Global Investors Inc (GROW)     Sector: Financial  >  Industry: Investment Services
high volatility, big drop

Apr 02, 2007 11:49 AM UTC
Me
Return Risk
+0.60% LOW
Sr. Associate

GROW looks like it's having some crazy volatility on the daily charts. highly overbought at the moment and it looks like it's ready to make it's next leg down. since this coming weeks bull phase may be short lived, we can expect GROW to definitely not GROW as it's name hints. I'll be expecting a huge drop in this guy back down within the downtrending channel. be careful with this guy, he can make or break your portfolios if you trade unwisely and undisciplined.

Happy Trading,
-zrvs

GROW:  This call was made on 04/02/07 @ $26.46
Rating:   Negative   $26.46 (04/02/07)
Closed:   04/05/2007 @ $31.05 (-17.35% in 3 days)
Target:   $18.00 (-31.97%) in One month


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