Updates

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Pre Market Game Plan by AJ – 4/11/17

1)  $NADL  Sings 10 year deal with COP (.73) I got lucky and saw the news took a few LONG at $1.42
Stock gapping up +100% already. I like the news but sell some under $2 if took in Pre-Market. I would prefer this to pop to $2.50-$3+ and pull hard then curl with volume if we hit over 1.2mil shares this will be a nice runner today on this news. If this slows down after initial pop this could just pop and fade back to .90 (Note $SDRL is down some on this news)

2) $CBIO  achieves key Milestones and receives Milestone Payments (5.78)
Stock gapping up $1.00 Great News/PR I would like to see a nice pop at open to $7.50+ then I will be eyeing a nice PULLback gap fill to $6.25 or under then consider going LONG on it for a possible all day move w/volume to the upside.  If it pulls to same area at the open then scale in LONG all day slow move to the upside

3) $TNXP received official minutes from FDA (4.30) Really…Really up on old FDA minutes….Really
Stock gapping up +$1.50 any pop at open imo will be a nice fade in this news so watch for lower lows to set in then look for a potential all day fader on this to $4.50 and under by EOD

4) $AXON   Offering at $18.54  Baird “Reiterates” $29PT (18.54)
Stock gapping up +$1 I actually would like to see a small pop at open followed by a nice pullback to $18.65 and under then scale in a few LONG and play this back to $20+ by end of day

5) *$PLSE  Robert Duggan increases stake from 15.4% NOW to 18.2% (21.55)
Stock gapping up +1.05 I like to see this pop at open thru $23 then look for a gap fill pullback to $21.75 or under watch for bottom curl then look to go LONG on it back to highs should be an all day slow move to the upside on this increase in stake

6) *$AFSI  Fraud piece out  (18.87)
Stock gapping down -$2  2 ways to play this, this pulls hard at open to $14-$15 then play a nice 1pt bounce on it, if this pops at open back thru $17.50 then look to fade it all day

7) $HUBG  down on guidance (47.25)
Stock gapping down -$7 I like to see a pop at open and chase to $43-$44 on gap fill then look for all day fader back to lows, if this pulls hard at open to $38-$39 play the bounce on it

8) $WDC  HUGE CALL JPMorgan tags a $116PT from $80 (84.78)
Stock gapping up +$2.50 I like to see a pop at open to $88-$89 then eye a nice 1-3pt gap fill pullback to $85.50-$86 area then scale in a few LONG for an all day slow move to the upside

9) $CRUS gaping down on NO news (64.49)
Stock gapping down -$2.69  2 ways this pulls at open to $60 or under then play a nice 1-2pt bounce then go short, or this pops at open gap fills back to $64 then look for all day fader

10) $YELP  Pacific Crest Tags a BUY rating with $43PT (32.74)
Stock Gapping up +$1.00 I like to see a quick pop thru $34 then a nice gap fill pullback to $33 and under then scale in LONG for an all day slow move to $35+ a share today

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Notable Calls:

$GLBS agreed with terms with 2 lenders (3.50) look for possible pop at open and room to $4.50+

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