Updates

A leader is built by the profits of his followers

Pre Market Game Plan by AJ – 4/10/17

1)  $CYTX   FDA approved Device Exemption (1.37)
Stock gapping up +.50 I like to see this pop some at the open to $2+ then look for lower lows to possibly set in then look for an all day fader on it, higher it goes better the all day fade back to $1.48 or lower, if this pulls at open hard to same number scale in LONG

2) $GERN   Data Reviews from JnJ (2.15) REALLY….LOL
Stock gapping up .50 I would prefer a pop and fade on this news for short sellers in here, so look for any pop at open to $2.80-$3.15 watch for lower lows then look for this to fade all day on this back to $2.25 or lower, think news is nonsense just sheep chasing

3) $TXMD  Received FDA Letter (7.70)
Stock gapping down -$2.15 OUCH!! I would consider taking some LONG at $5 area and add on any huge pull, I think this will recover back to $6.50 and settle so if this pulls hard at open look for this to have a decent 1pt+ rebound on it. Just wait for the set up

4) *****$GEMP  Piper Jefferies Raises to Overweight Tags a $30PT (10.27) SWING IDEA
Stock gapping up NONE this is a very thin stock so its all about patience and waiting for the set up. So watch for this to pop at open to $11 then wait for the gap fill dip to $10.50-$10.75 or lower then scale in LONG for an all day slow move to $12+

5) **$CY  Sun Trust Tags a BUY rating with $17PT (13.59)
Stock gapping up +.30 I would like to see this pop at open to $13.90-$14.25 area if it comes then look for a nice gap fill pullback on it to $13.70 an under then take a few LONG looking for this to possibly touch $14.50-$15 on this call. Lets see how it sets up at the open

6) ****$AKRX  Bloomberg confirming possible discussions with FSNUY (33.50)
Stock gapping up +4.25 I like to see this pop at open then possible fade to $31 and under today on this, although its speculative I think it gives back 2pts+ on profit taking, so if this pops hard at open to $35+ area watch for that topping then scale in SHORT on it

7) $BHP   Shareholder ruffeling feathers this morning to get some action going on the company (36.97)
Stock gapping up +$1.50 Normally an typically BHP always fills their gaps so look for any pop at open as a SHORT opportunity if this pops to $39+ scale in SHORT all day fader if this pulls a little chase a few and watch the gap fill back to $37.10 and under If this pulls hard at open to same area then go LONG on it

8) $SJM   Morgan Stanley Tags an Underweight and lowers PT to $126 (129.40)
Stock gapping down -$1.40 Ok Traders on this one, I would prefer a pop at the open first on short covering to $129+ area then scale in SHORT for an all day fader if this pulls hard at open to $125-$126 go LONG and play the 1-3pt bounce then SHORT it. Lets see how this reacts at the open

9) $TSLA   Piper gives NEW PT for a 7month period to $368 PT from $223 (302.54)
Stock gapping up +$7 I like to see a small scale in SHORT here at $310 as a starter look to add on pops at the open to $312+ then look for a possible pull/fade to $305-$306. Shorts continue to get squeezed but I think this will come back a few on profit taking.

10) $RCII   announce strategic plan on its Core Biz (9.60)
Stock Gapping up +$1.00 I like to see this pop and fade back to $9.75 an under so look for any pop at open as a possible all day fade to $9.75 higher it goes at the open better the fade on it. If this tops $11+ at open look to fade this for sure.

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Notable Calls:

$GSAT Spec Play here at $1.90 area consider taking a few on this incredible $STRP $85.50 Buyout. Sympathy Play (1.62) Saw some large buys on this, this morning going thru $2+ so lets see if this gets some love, if not will cut it off at $1.75 or lower

$XGTI  (1.49) Gapped up .30 watch this for a potential Chatroom push/pump at the open would take a few LONG at $1.55 area just in case it runs  so watch for it…risk a dime

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