This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

Here is one that flew under everyone’s radar - U.S. Global Investors, Inc (Nasdaq: GROW) !

I even told everyone about this when I added it to my bookmarks. The story is that there are certain groups of Hedge Funds ganging up on GROW by shorting it. Everything was centred around this crucial shareholder vote to approve a 2-for-1 stock split. Well, it looks like the shareholders approved the stock split today, so Hedge Funds did not succeed in their shorting tactic.
Unfortunately, even I missed out on this feeding at the trough, since I took the afternoon off.

However, if my theory is correct (see my previous post on the Wi-Lan trade post-mortem), there should be some follow thru buying tomorrow. Which means a possible play for tomorrow.

Stocks Mentioned In This Article
Stock	Links
GROW	| |

This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com