Updates

A leader is built by the profits of his followers

Pre Market Game Plan by AJ – 2/3/17

1) $NAKD   Looks like another play in it  for us (2.78)  
Stock gapping up +.68 I like to see this pop at open thru $4+ then wait for a nice gap fill pullback to $3 and under, bottom curl it on profit taking then scale in LONG should be a fun one today for us

2) ****$GPRO  Issued horrible guidance (10.97)  Multiple downgrades from $5 to $8 on this report
Stock gapping down -$1 would consider taking a few here at $9.97 SHORT add on ANY POP at open consider a SHORT on this stock for a nice ALL day bleeder on it. A lot of Day Traders will be shorting this, as soon as I tweeted the idea this morning it squeezed from $9.50 to $9.95 in 2mins.

3) ***$FEYE  Earnings Disaster (12.97)
Stock gapping down -$2.40 2 ways to play this, If this pulls hard at open to $10 and under go LONG and play a bounce to $11+ on short covering or if this pops at open to $11.90-$12.35+ Scale in SHORT for an all day bleeder on the stock

4) $GIMO  Earnings Miss and guides lower (32.10)
Stock gapping down -$4 2 ways to play this Stock pulls at open to $27 and under and play a nice 1-3point bounce on it on short covering or this pops at open thru $30+ on short covering then look to scale in SHORT for an all day bleeder.

5) $FTNT   Nice Earnings report (33.18)
Stock gapping up +$4 watch for this to pop a little more at open possibly thru $38.50 then look to scale in SHORT and gap fill this back for 2-3pts then watch for bottom curl then scale in LONG on it, if this pulls at open to $34 and under on profit taking then scale in LONG should be fun today on this report

6) $DECK  Horrible Guidance  seeing $46PT already (55.54)
Stock gapping down -$10 already  2 ways to play this, this pops at open on short covering gap fill to $48-$50+ then scale in SHORT for an all day fader on it. Or this pulls hard at open to $42 area then scale in LONG for a nice 2-4pt short covering

7)  $CLVS  BIG CALL TO SELL from Chardan $36PT (65.36)
Stock gapping down -$$2.36  would actually take a few here SHORT at $63 add on any pos at open to $65+ on it use wide range then look for this to collapse back to $60 and below on this call

8) $DATA  Earnings Beat and Guidance (48.21)
Stock gapping up +$6  2 ways to play this it pops at open to $56+ then scale in SHORT for a nice 2-4pt gap fill then scale in LONG or this pulls hard at open on profit taking to $49.50 and under then scale in LONG for an all day slow move to the upside

9) $MDCO   Gapping up on AMGN results (38.00)
Stock gapping up +$3  would scale in some short here at $40.99 add on any pop at open to $42+ area scale in SHORT and fade this back to $39 and under if this pulls at open to same area then scale in LONG

10) $AMGN  Great Earnings (159.58) Multiple upgrades this morning
Stock Gapping up +$6 look for this to pop a little at open to $168+ area if it comes then scale in a few SHORT to 162 and under on profit taking before legging up if this pulls at open to same area then look to go long on bottom curl back to pre-market highs

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Notable Calls:

$ESPR  Gapping up on Sympathy numbers from $AMGN blow-out Earnings should be a fun one today (12.72) Stock gapping up +$1.25 at $14 a share wait for the standard pop at open then look to gap fill to $13 and under scale in LONG for an all day slow move upside

$HBI  Bad Guidance on Earnings reported (22.71) Stock down -$2.50   2 ways to play this, this pulls hard at open to $19 and under play a 1 point gap fill to the upside. OR this pops at open to $21.50+ on short squeeze look to get in and scale in SHORT for an all day fader

$PULM  Gaping up +.30 possible runner today on it, watch for any pullback with decent volume and bottom curl it possible nice play in it for us today, also Watch $ETRM  its cheap down here in the $6’s could pop nice thru $8 at the open so keep an eye on it as well

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