Grow: Why The Attraction?

hah.. I'll try again when it dips. I will learn to hold. Time and time again - always selling for a loss when I should had hold onto the POS.

Latest example - I had 40 April 15 contracts on DNDN - got it at 1.10 and sold it at .90 yesterday. It's at 3.80 now.

Damn

 

is this the dip before the explosion?
Its down almost 16% in one day.

 

hmmm.. i think this dog is done. poor earnings. fundamentally it ain't exploding anytime soon however anything can happen.

 

I would be a buyer on the dip. However, I would wait for the pivot. Dont attempt to fade the pivot.

The reason why they took a loss is because there was a lot of outflows from mutual funds in general. It will take another quarter or so for investors to regain confidence. When this bottoms (which might be now or right at the 200 day moving average), it will be a buy.

 

Engulfing candle yesterday. Might indicate a reversal, but I think most engulfing candles yesterday were fake b/c of the late market rally yesterday.

 

Back on the REG SHO today. Generally they go up that day, and I don't know why.

 

Might have started a nice bounce here. I'm in at $22.00 at the end of the day.

 

Looks like it wasn't a bounce after all. out at $22.30.

 

Hope you guys carefully watch Grow like I do. Got in right after the 20 dma resistance. Made a nice gain today.

Doubt there's many shorts left after this, but who knows, maybe there's still room for upswing.

 

OHH yea i was in GROW all the way in all 4 of my accounts around 21.20-21.40 or so.

Also, I'm holding to 28.