Pre Market Game Plan by AJ – 11/15/17
1) $MOSY small upgrade this morning to $3 but due to lack of Pig Plays smaller chatrooms will be chasing (1.45)
Stock Gaped up +.50 I would love to see this pop at open on short squeeze but imo even if it touches $2.50+ I would look to be an all day fader on it, I think this bump in PT and another day of volume is simply setting up for a nice upcoming ATM but dont marry it, this is for the SHORT sellers in here, so let it pop as much as it wants at the open then get in their and gut it.
2) $SORL WOW!!! Huge Beat….HUGE!!! (5.99) EPS .44 vs .18 revs 101mil vs 63mil Are you kidding me???
Stock Gaping up +$2.60 these numbers should take the stock to $10+ imo so at this point, we have to wait for the initial pop at open towards $9+ then wait for that decent gap fill pullback, I am hoping we see $6.90 and under on it and look for that bottom curl then go LONG for all day slow move to the upside. Expect upgrades to come in.
3) *************$MTSI Horrific Guidance/Earnings this needs to be gutted to $25-$28 (36.61) Nice work Spartan nailing $34 SS AH
Stock gaping down -$4.61 I WANT THIS but I cannot chase here congratulations to Spartan he spotted this last night took SHORT $34 and woke up to MONEY today. In order for US to play it 2 ways this could pop and short squeeze at open towards $34+ If it does get in their and GUT this!!! If this pulls hard at open to $28 at open play a quick 2-3pt bounce then scale in SHORT on the topping
4) $ACOR Death(s) in Parkinsons Trial Multiple Deaths this is horrible for $ACOR pausing enrollment (28.20)
Stock gaping down -$10 I like to see some short covering at open possibly thru $20-$22 on it then look for a nice all day slow bleed back to lows love to see $15-$16 on the stock. If this pulls hard at open to those areas or under go LONG and nibble some and look for a short covering bounce for 3-4 pts before breaking down again
5) $ROKU Gaping down on Oppenheimers d/g to $28 ALOT of Analyst want to see this dip below $30 again to load up (36.95)
Stock gaping down -$2 I would actually take some LONG here at $34.70 area and look for a quick pop at open on short covering for 1pt or more this is already down 2 so expect a nice QUICK pop at open before pulling back, if this pulls hard at open to $33 spot or under go LONG and play a quick 2points or more on it. before shorting it again.
6) $CARG Earnings Blowout Beat (29.82)
Stock gaping up +$4 I would scale in some SHORT here at $34.25 room to add at open towards $35 then look for a nice gap fill pullback to $31.50 and under, I think we get some profit taking on this so watch for the pull on it. If this yanks hard at open look for that $30-$31 spot then take a few long on the bottom curl then go long on it back to pre-market highs
7) $AAOI Director buys 22k shares at $44.60 (43.90)
Stock gaping up +$2 I like this a lot, but market is down so this goes with the market I would actually lean into this SHORT here at $45.70 area room to add on the pop at open if it squeezes then look for this to gap fill at least back to $44.60 and under where he bought it. AAOI tends to fill their gaps first before legging up, so watch for quick pop and squeeze then short it gap fill it
8) $YRD Earnings Miss (41.75)
Stock gaping down -$3 I like to see a small pop at open on short covering to $39.50-$40+ then lean into it short and look for an all day fader on it, if this pulls hard at open to $36 area look to scale in LONG and play a nice bounce on it, this needs to set up for us but being down over 3 pts we need to let it pop, cover and allow us to get in and fade it all day.
9) $OSTK Gaping up on Soros but Soros also is long $BTC which is giving this stock new interest with investors (50.25)
Stock gaping up +$2 I would love to see this quick pop at open then look to scale in SHORT gap fill it back to $50.50 and under if it comes then look to go long on it, if this pops at open towards $53-$54 definitely get in their SHORT and take this back down on gap fill then watch for bottom curl then go long on it for all day slow move to the upside
10) $PLCE Earnings Beat (113.90)
Stock gaping up +$7 I would look for quick pop at open to $122+ then scale in SHORT gap fill this back down to $115-$116 use wide range and look for this to bottom curl around that area on profit taking then look for this to head back up to highs. Normally PLCE gives back a few bucks before legging up and being market is pulling this will help
$VERI (29.00) Told you all to SHORT that pop last night this morning woke up to +$6 pts let it pull to $22.50 area or under at the open then look for some bottom curl on it then look to go long for 3-4 pts to the upside