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Pre Market Game Plan by AJ – 3/15/17

1)  ****$KOOL   announces encouraging Data from a study (2.87) Former runner
Stock gapping up +$1. I would like to see this pop at open thru $4+ then look for a nice pullback on it to $3.10 or under on bottom curl with volume, then look for a nice slow all day move to $4.50-$5 if it pops huge and lower lows set in then watch for the slow fader back to $3.10 and lower….We need that $4+

2) $CPRX   positive data on 7 patient Trial (1.17)
Stock gapping up +.25. I like the news however like $ARNA this could just pop and fade off all day off the initial pop. Look for it to get thru $1.70-$1.90 area if it does then gap fill back to $1.25 and under, if this pulls to same area then bottom curl it and go long

3) $DPW  Chatroom pump up big this morning one to watch for sure (.59)
Stock gapping up +$1.20. I like to see this pop a little more at open possibly to $2.25-$2.50 if lower lows set in then it will fade back all the way to .75 cents and under. If this pulls hard at open to same area watch for bottom curl then look for a potential all day move with volume to the upside

4) $RUBI   Horrible Earnings and Guidance (8.39)
Stock gapping down -$2, this is down big, 2 ways to play this, go LONG at open to $7.50-$7.85 on SHORT covering then watch for topping on it then slow all day fader back to lows, if this pulls hard at open and hits below $6 go LONG and play a nice 1-1.5pt bounce

5) ***************************$ATRA  Citi Tags a $10 PT and a HUGE SELL Rating on this stock  (20.20) SWING SHORT
Stock gapping down none!!! Would look to scale in short at open try to get at $19-$19.25 or more, a lot of shorts going to go big in this so lets see if it pops at open and squeezes higher it pops better for us to short it. IF this opens at $18 it may flush to $16 fast then play the bounce on it. Watch for topping then get in short  This can be a nice swing short for a few days

6) $REVG  BOMO Tags a BUY rating with $32PT (26.21)
Stock gapping up +$.50. I like the call, wait for the pop at open to $27+ then wait for the sell off on it to $26.35 or under then watch for bottom curl then go LONG on it. If this pulls hard at open to $26.30 or under on gap fill then scale in a few LONG on it for a nice slow move to $27-$27.50 today

7)  $FTD  Earnings Miss and Guidance (23.39)
Stock gapping down -$2.70 on this I like to see this pop at open to $22+ then watch for topping on it then look to fade it all day back to lows. If this pulls at open to $19-$19.50 or under scale in a few LONG and play a nice 1-2 point bounce on it. Should be fun today!

8) ************************ $ESRX  Wells Fargo lowers the boom on this and cut this to $52PT from $85 ouch!!! (66.84)
Stock gapping down -$1.I would take some at $65.40 level and add on any pop at open to $66-$67. Scale in and look for this to fade all day long to $60 and under. This should be fun to the downside today on this call

9) $AKAO  Earnings Miss (25.25)
Stock gapping down -$2. I like to see this pull at open fast to $21 and under then look for a nice 1-2 point gap fill short covering pop to the upside on it, more it pulls if it does better the range to the upside, if this pops at open to $24.50-$25 scale in SHORT and fade it all day

10) $MSCI  Rejected a bid for the company (96.33)
Stock Gapping up +$15. I like to scale in a piece here SHORT at $111 with WIDE RANGE to $115 at open watch for topping on this and look to fade this. If you wish to wait for the pop at open then do so but you must trade with WIDE range. I think this gets back to $103 and under once it starts to sell off

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Notable Calls:

$CALL  Nice Earnings and Guides up (7.35) Gaping up +.60  I like this to push at open to $8.50-$9 then let it sell off on gap fill profit taking slow fader to $7.70 and under if this pulls at open to same area go LONG on it

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