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Grow, I love this stock

By Brett Goldstein on Mar 26, 2007

I am taking a short position here at 53.00. The chart is telling me that there is resistance around this level. I am just using this trade as a day or swing trade. Lets see what happens.

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This entry was posted on Monday, March 26th, 2007 at 9:26 am and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.


5 Responses to “Grow, I love this stock”


By Brett on March 26th, 2007 at 12:06 pm

Grow has been so good to me. I sure hope that I can get out with a profit. So far this does not look good for a short. Should have held my longs.

By timcomz on March 26th, 2007 at 4:10 pm

Ouch. You posted the chart awhile back and that is one of the reasons I had the confidence to hold on to my position. Shorting GROW heading into the split? Hmm. Good luck, it is all over IBD since Friday. I too thought 43.64 would be resistance, but above that I don’t see much. Please update us on your progress. Love the site and long Grow 5300 shares on and off from 39.75. Thanks.

By Anonymous on March 26th, 2007 at 6:09 pm

Hey Timcomz congrats. Feels really good to make money huh? Well the only reason I shorted it becuase it has run so fast without a pull back. I am looking for that intraday pull back. I really thought that I was going to get it today. But congrats with your 5300 shares. Buy yourslef a nice BMW =), or you can buy me one, haha…Take Care

By Andy Cole on March 26th, 2007 at 8:44 pm

Frank Holmes, the CEO at GROW, is really good at what he does. I actually had the chance to meet him, having gone to school with his son. Go GROW!

Andy

By Brett on March 27th, 2007 at 7:10 am

I knew GROW would not let me down. Out with a profit on the short.

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