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US Global Investors Shares Down 18.8% Since SmarTrend's Sell Call (GROW)May 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for US Global Investors (NASDAQ:GROW) on May 4th, 2012 at $6.30. In approximately 2 weeks, US Global Investors has returned 18.78% as of today's recent price of $5.11. Over the past year, US Global Investors has traded in a range of $4.60 to $10.47 and is now at $5.11, 11% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 3.5%. U.S. Global Investors, Inc. is a registered investment adviser. The Company serves as investment adviser, investment manager, and transfer agent to U.S. Global Investors Funds and U.S. Global Accolade Funds, which are no-load mutual funds that invest in a wide range of investment options. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of US Global Investors. Log in and add US Global Investors (GROW) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
