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Neurocrine Biosciences Inc. Message Board

  • affye854 affye854 Jan 7, 2014 11:30 AM Flag

    Investors to Exit SEED After 3-Day 131.5% Rally and Enter GRO!

    Look for GRO to explode by at least 16% this afternoon to a new 52-week high of above $1.77 and possibly as much as 40% to a new 52-week high of $2.14. SEED hit a new 52-week high this morning of $2.94 and whenever SEED reaches a new 52-week high, GRO almost always reaches a new 52-week high on exactly the same day. On October 16th, when SEED hit a new 52-week high of $2.39, GRO also hit a new 52-week high of $1.74. On Monday, when SEED hit a new 52-week high of $2.67, GRO also hit a new 52-week high of $1.77.

    SEED's new 52-week high of $2.94 is up 23% from its October 16th 52-week high of $2.39. A new 52-week high for GRO of 23% above its October 16th 52-week high of $1.74, will send GRO to $2.14 for a gain of 40% from its close yesterday of $1.53.

    Both SEED and GRO gapped up big Monday morning, but while GRO has already filled in its gap, SEED still needs to. Look for investors to exit SEED this afternoon and immediately enter GRO. SEED is currently overbought, but GRO is severely underbought and has a lot of catching up to do. We have so far purchased 550,000 GRO shares and won't sell until after GRO makes huge gains and is trading at a fair valuation.

 
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