Pre Market Game Plan by AJ – 10/17/17
1) $DFFN receives Final Protocol guidance from FDA for a Phase 3 clinical Trial (1.61) STUPID PR
Stock Gapping up +.70 Stupid news that will be chased at the open would be nice to get this to $3 spot then watch for lower lows and then possible all day fader on it, Volume is decent already this morning, so let this pop, run and settle before shorting the crap out of it
2) $KALV Owner/Director BUYS 850,000 shares (9.47)
Stock Gaping up +.50 I like the insider buy would nibble a few LONG at $9.90 room to add on pullback stock might end up around $10.50-$11 on this call. If this pulls at open and gap fills would go long on it.
3) $ABEO Price 5million shares at $16 (16.70) Stock should be bought on weakness
Stock gaping up +.30 I like to see pop at open then look for a nice flush down to $16 and under then take a few long, this will be a quick fill and BUY anything $16 and under look for a solid move to $17-$18 on it once bottom hits (2 day play)
4) $IPXL Private Placement at $18.25 of 46.8million shares (19.95)
Stock gaping down -$2.15 I would like to see small pop at open followed by a decent pull and sell off to $17 and under then grab a few long and play a .50-$1pt bounce this think this pulls and bounces on the placement, If it pops just expect a nice sell off to $17 and under imo
5) $SNCR Concludes strategic alternative process to Siris (13.73) WE all had this at $9 Congratulations to Mav/Spartan
Stock gaping up +$2 I like to see a pop at open to $16.50-$17 then nice sell off on profit taking back down to $14-$14.50 if we get it then look to go long on it, if this pulls at open to same area go LONG for all day slow move to the upside.
$SNCR I told you 30days ago to BUY the weakness at $9-$10 a share Told you all it would be back to $16+ Today it did!
6) $HOG Disappointing AGAIN guidance (46.57)
Stock gaping dwon -$2 a share, I would like to see this pull some at open to $43 area if we get it then look for a nice 1-1.5pt pop on it on some short covering, if this pops at open to $46 level scale in short for an all day slow fader to lows. This will be a nice play for us once this sets up
7) $SAVE Issues upside 3Q Guidance (33.47)
Stock gaping up +$2.10 I would like to see small pop at open to $36.50 scale in SHORT look to fade this pop and gap fill this back to $33.70 or under, I love the news but SAVE tends to fill their gaps so ideally look for the short on this call gap fill it then go long, higher the pop out of the gate if it comes better the short
8) $PCG Expecting more rebound today stock gaping up (53.43)
Stock gaping up +$1 I like to see pop at open to $55-$56 then look for decent pullback and bottom curl possibly to $53.50-$54 area or under then go LONG for all day slow move to $57+ on this today. If this pulls at open hard to $53 area look to go long on it
9) $NFLX Earnings Beat built in the run into earnings (202.68)
Stock gaping down -$3 would love to see a sell off at open to $195-$197 area then look to buy on wekaness plent of upgrades this morning that will take this back up thru $204++ but right now let the profit takers take this down then buy the bottom
10) $BIIB Stifel ups PT from $300 to $413 says BUY on weakness (335.68)
Stock gaping up +$9 I like to see a pop at open possibly to $350+ then look for this to sell off and gap fill on profit taking back to $340 area or under then look to take a few long, I love the call and the range if this at all pulls at open to $337-$340 go LONG for all day slow move to $350-$355 on this call Stock has range use wide range
$EYES..….(1.13) Gaping up +.40………….Don’t care what the news is at all, $EYES=SHORT all you need to know, SHORT any pop out of the gate
$SYNT (18.50) Stock gaping up +$3 would lean into short at $22 add on pops look for this to sell some off into call. Nibble only