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A leader is built by the profits of his followers

Pre Market Game Plan by AJ – 1/31/17

1) $DRYS  Kalani stock purchase agreement (2.46)
Stock gapping up +$1.00 all I can say is eye the pullback and entries  watch your size and take profit along the way, this will be a crazy day today on it.

2) $RGSE   Another Day another squeeze (4.58)
Stock gapping up +$1.20 Look for this to pop more at open to $6-$6.50+ then watch for a really nice gap fill profit taking pullback to $4.80 or under then consider going long on it. For a nice play on it to the upside

3) $FIT   Citi Tags a $5PT Sell Rating (6.06)
Stock gapping down -.4  Any pop at open …….Just short it!!! Hold it, and enjoy it!!!

4) $UAA  Earnings Disaster (28.94)
Stock gapping down -7.50 I like to see this pop at open and squeeze a little at open to $24 before fading it back if this pulls hard at open to $19.50-$20 I would serioulsy consider grabbing some LONG and slow close to $21-$22

5) $UA   Earnings Disaster (25.09)
Stock gapping down -$7 I like to see this pull at open to $17 or under then take a few long and look for a HUGE!!! Squeeze, if this pops at open chase a few back thru $21+ then fade it

6) $WERN  Earnings Beat (27.80)
Stock gapping up +$1.20 I like to see a quick pop at open to $29.50-$30+ then eye a nice gap fill pullback to $28 or under then scale in LONG I like the earnings beat but need it to gap fill some before I go long on it

7)  $TEVA   unfavorable Patent Ruling (34.52)
Stock gapping down -$3 I like to see this pull at open more if it does to $30 or under then go LONG for 1-2pts on slow short covering or this pops at open back to $33.50+ or more then scale in SHORT for an all day fader sell off on it back to pre-market lows

8) $COH  Earnings Beat (35.98)
Stock gapping up +$1.50 I like to see small pop at open to then look to gap fill it back to $35.50 or under. $COH always always gives back their earnings gains on profit taking so just wait for the decent gap fill pullback then nail it long

9) $SANM  Earnings Beat (37.25)
Stock gapping up +$3 I like to see a quick pop at open to $42+ watch for topping then gap fill it back to $38-$38.50 or under then scale in LONG for another all day slow move to the upside

10) *******$VSAT  Wells Fargo Tags a BUY rating with $94-$98PT William Blair $85PT (63.38)  SWING IDEA
Stock Gapping up +$1.70 I want this one no doubt, so I will wait for the pop at open to $66-$67 followed by a nice gap fill pullback on it to $64 or under then scale in long for an all day slow move to the upside

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Notable Calls:

$MOD  Gabelli Tags a $22PT BUY Rating (13.50) SWING IDEA  Thin stock ( Try and pick up any at $13.50 on a Swing and look for a move to $15+ over a day or 2. I like the PT

$GLBS  Gapping up a lot on Shippers for us this is good play with range to watch (8.25) Watch for quick pop at open followed by a nice pullback on it then bottom curl hope at $8.25 or lower then go LONG for a nice quick run possibly to $10+ with volume

$JAGX  enters agreement with $LLY (.53) Keep an eye on it stock up already 40% I like this collaboration I like to see this get over +$1 today so any pullback at open to .75 cents or less look for bottom curl then consider going long IF it pops hard at open to $1.25+ then watch for tipping and eye the pullback on it.

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