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Pre Market Game Plan by AJ – 1/12/18

1) $SEII enters in exclusive agreement with Shanghai Network (7.93)
Stock Gaping up +1.20 to me this is a pop an d fade, just 2 days ago they announced agreement similar to this one. I think any pop at open look for topping on it and consider fading this back to $8.25 and under.

2) $FB changes and updates News Feed “concerns users will spend less time on Face Book” (187.77)
Stock Gaping down -$10 2 ways to play this. If this pops at open I think it will be short lived and analyst continue to go thru the changes and come up with there own value, However if this pulls at open towards $173-$174 or under look for this to pop and buyers come back in the stock. I think in the end this will bottom and it’s giving investors an opportunity to buy the weakens but let it fade 1st today should bleed out nice

3) $MARA Global Bit Ventures is being acquired by MARA (3.84) Nice volume on this today
Stock Gaping up +$1.20 I would consider shorting this back down to $4.25 and under, so if this pops at open on sheep chasing let it rush towards $5.50-$6 then watch for topping then nice sell off on it on gap fill profit taking, If this simply just pulls hard at the open look for $4 spot bottom curl then consider to go long on it. Should be fun

4) $PFMT More Gaping up this morning on this cheap stock (1.94)
Stock Gaping up +$2 I would consider taking a few SHORT here at $3.60 room to $4 at the open then look to gap fill some of this back down to $2.50 and under. Not really seeing huge news on the pop, just stock is strong and moving on its own, so let it run, watch for top then get in there and nail this for 1-1.5pts to the downside

5) $KSS JPM Bumps the PT from $51 to $72 Neutral to Overweight (61.12)
Stock Gaping up +$2.80 I would consider taking short this at $63.50 room to $64+ at the open then look for this to pop and pull and gap fill to $61.50 and under then look for bottom curl then look to go long on it I like the call and upgrade but I feel this is too gap fill is not warranted so look for the pullback on it before legging up

6) $DKS Deutsche Bank gives upgrade from $33 to $39 (32.57)
Stock Gaping up +$1.45 I would scale in SHORT here at $33.80 room to add at the open then fade this all the way back to $32.65 and under then look for a nice bottom curl on it then look to go LONG for a nice all day move towards $34-$35 area today on this call. Wait for it to pop, fade sell off and bottom curl then we nail it long

7) $EXAS #Offering ups the size by 100million and prices 600million in Convertible notes (55.06)
Stock Gaping down -$3.50 I think this stock gets hurt today however I do think $50 and a tad under would be bottom, so if this pops at all for any reason at the open back to $54 on any short covering I would scale in SHORT and fade it, if this pulls hard at open to $50 and under nibble long play a quick 2 point bounce on it or more and then re short it again. The offering is big imo and this will reflect

8) $FNSR New CEO to be appointed (22.26)
Stock Gaping up +$1 any pop at the open towards $23.50-$24 watch for topping on it then look to fade this back down and give fill it back to $22.50 and under, more it pops at open better the short and quick paycheck, if this pulls at open to same area then look for bottom curl on it then look to go long slow move back towards $24

9) $INFY Gaping down on Earnings (17.27)
Stock Gaping down -30 I would actually take some short here at $17 add on any pop at open I think we get a possible nice fade on this towards $15.50 or lower so watch for the pull, if this yanks hard at open $15 should be bottom then lets play a quick 1 point short covering bounce on it

10) $MYSZ
Stock Gaping up +..50 Look for a pop at open to $2.10 or more scale in SHORT and ride it right back down to $1.50-$1.60 on the gap fill.

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