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What are your thoughts on GRWG?

Posted on 8/20/20 at 1:51 pm
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/20/20 at 1:51 pm
Guys what are your thoughts on this stock. It has a lot of buzz around here lately and I currently have 92 shares at about $20. I'm tempted to buy more since it looks like folks are selling off for a profit today. Their earnings have looked great.

quote:

What happened:
Shares of GrowGeneration (NASDAQ:GRWG) were down by 13.4% as of 11:51 a.m. EDT on Thursday. The specialty hydroponic and organic gardening retailer didn't report any news that would justify the drop, so the most likely reason for it is that some investors are taking profits off the table following the stock's big jump over the last few days.


LINK
This post was edited on 8/21/20 at 1:29 pm
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/21/20 at 11:25 am to
Anything?
Posted by NoMercy
Member since Feb 2007
2706 posts
Posted on 8/21/20 at 11:45 am to
I just got in for 300 shares at $16.88. I was shooting for $16.00 this morning but when I was on my computer to put the order in Entergy decided to have a power outage.
Posted by cgrand
HAMMOND
Member since Oct 2009
38815 posts
Posted on 8/21/20 at 11:53 am to
hindenberg hates it so you know its good
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 8/21/20 at 12:09 pm to
quote:

GRWG thoughts



my thoughts are that this thread title stinks and should be fixed before it gets anchored
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/21/20 at 1:29 pm to
Fair enough, title adjusted
Posted by jmcwhrter
Member since Nov 2012
6569 posts
Posted on 8/21/20 at 1:31 pm to
the company got mentioned on Mad Money, went up alot in one day, then the next day Cramer says "eh, I hope they figure it out!", and it plummets back to earth
Posted by BLM
ATL
Member since Oct 2011
746 posts
Posted on 8/21/20 at 4:55 pm to
Haha, I saw that a few nights ago and bout some the next day as a flier...proceeded to lose $400-$500 and sold it. I get impatient sometimes. Losing money on a gamble always sets me back on the right path...
Posted by supadave3
Houston, TX
Member since Dec 2005
30263 posts
Posted on 8/21/20 at 8:42 pm to
I bought a share, was up $2, now down $4.

But I did quadruple my KELB original investment and sold that today.
Posted by molsusports
Member since Jul 2004
36116 posts
Posted on 8/22/20 at 9:32 am to
Is the P/E roughly 800?
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/24/20 at 7:17 am to
Looks like I'm stuck on this ride for awhile. Still falling.
This post was edited on 8/24/20 at 7:18 am
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