Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.
Earlier today, after the partial sale of my Morningstar stock at a gain, I had a "permission slip" to add a new holding to my Trading Portfolio. I didn't wait long with that nickel in my pocket to spend it on something!
Reviewing the list of top % gainers on the NASDAQ today, I came across U.S. Global Investors (GROW) which as I write is trading at $21.53, up $2.53 or 13.32% on the day. I purchased 245 shares of GROW at $21.23/share.
U.S. GLOBAL INVESTORS (GROW) IS RATED A BUY
I purchased GROW after reviewing a satisfactory 4th quarter 2007 report issued on September 13, 2007, and a solid "5-Yr Restated" Morningstar.com financial page. On a down note, the "point and figure" chart on GROW gives me a little concern (I reviewed it after my purchase of course), with a little bit of recent technical weakness. I would like to see this stock trade a bit higher before I could feel reassured that the recent correction in the stock price was through.
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