Growth Stocks

GEOI @ $20.91 (Georesources) is engaged in the exploration and production of oil and gas in the Southwest, Gulf Coast, Rocky Mountains and Williston Basin. Revenues have averaged triple digit growth over the last few quarters and earnings are expected to increase 261% this year to $1.30 a share. We are establishing half a position here and will add second half on a pull back to $17.50. Our stop loss will be set at $16.

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