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ArQule Inc. Message Board

  • affye854 affye854 Jan 17, 2014 3:34 PM Flag

    ***Mega Breakout Alert: GRO*** (Could Explode to New Highs Monday!)

    Agria (GRO) began breaking out big today and is setup PERFECTLY for a HUGE day on Monday. GRO last brokeout exactly two weeks ago on Friday January 3rd, and then exploded on Monday January 6th to a new 52-week high of $1.77. When GRO hit its 52-week high of $1.77 on January 6th, PGG Wrightson (PGW.NZ), which GRO owns a controlling stake in - was trading for $0.40 per share valuing GRO's PGW interest at $1.83 per share. Over the last two weeks, PGW.NZ has gained 10% to a new 11-month high of $0.44, increasing the value of GRO's PGW interest to $2.02 per share.

    All of GRO's weak hands already exited two weeks ago. Only strong hands remain who understand GRO's true value. Look for GRO to cruise past $1.77 with ease and test $2 on Monday. We so far have purchased 550,000 GRO shares and currently don't intend to reduce our position until GRO is trading where we know for sure it belongs!

1.64-0.05(-2.96%)Feb 5 3:59 PMEST