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A leader is built by the profits of his followers

Pre Market Game Plan by AJ – 4/4/17

1)  $DFFN   awarded US Patent for TSC (3.58) Former Runner
Stock gapping up +.90 would take a few here at $4.40 with room to add on any dip think this has a nice possible run to $$5.50-$6+ at the open before any pullback, if this pulls hard at open to $3.75 area or under watch for bottom curl then go LONG

2) $CYCC  overnight squeeze nightmare (6.42)
Stock gapping up $2  2 ways to play this, small pop followed by a massive sell off to $7 and under at the open on profit taking or this pops at open punks out shorts again to $9-$9.50 then look for lower lows to set in then all day fader to $7-7.25 and under

3) $BNTC  announce positive Pre-Clinical results (3.05)
Stock gapping up +.80  I would like to see a pop at open to $4.25-$4.60+ area if it comes then watch for topping on it then look to gap fill some back to $3.30 or under. If this pulls hard at open let it flush down to $3.20 and under then look for small curl and take a few long for a nice runner on it

4) $CONN  Positive Earnings (8.45)
Stock gapping up +$2 Beaten down stock. I like to see this pop a little more at open to $11+ then watch for topping then look for a nice profit taking fade to $9.25 and under before it bounces, if this sells off at open to same area scale in LONG should be an all day slow move to the upside this earnings is long over due for this stock

5) $NLNK  negative results on Endpoints (23.09)
Stock gapping down -$4  2 ways to play this. This pulls hard at open to $17.50 area or under then we take a few long and play a nice +$2pt short covering bounce on it, or this pops at open thru $20-$21 then watch for topping then scale in SHORT for an all day fader

6) $PRTK  Positive 3 Data multiple upgrades as high as $56 (18.60)  SWING idea with move to $28+ look for MORE u/g today
Stock gapping up +$7 2 ways to play this here, this pops at open to $27-$29 a share before selling off to $22-$23 and under on profit taking, if this pulls hard at open to $22-$23 on any big sell off I would grab a few LONG and look for a nice move…This is Phase 3 Traders so this should be in play more to the upside once and if it bottoms out so watch it

7) *********$GWRE   Goldman Sachs tags a BUY rating with $70PT from $59 (55.60)
Stock gapping up +$2 on this volume, so wait for a pop at open to $58.50-$59.50+ then look to scale in short and gap fill it back to $56 and under then go LONG on it, if this pulls hard at open to same area $56 area or under scale in LONG this is a big call for this stock

8) $KATE  M&A spec bid to high (22.80)
Stock gapping down -$2.50  2 ways this pops at open chase a few to $21+ then watch for topping then look to short it for an all day fader, or this pulls hard at open to $18.50 area or under then scale in LONG and play a nice 1-2pt bounce on it

9) $CAT   Goldman Tags a BUY rating with $120PT (92.27)
Stock gapping up +$1.75 I like the call but wait for the pop at open to $95+ if it comes then scale in SHORT and gap fill this back to $93.25 and under then grab a few LONG for an all day slow move to the upside, if this pulls hard at open to same area go LONG on it

10) ********$NVDA  Pacific Crest Tags a $90 Sell Rating (108.38)
Stock Gapping down -$5  at this point to ways to play this, this pulls at open to $100 and under then play a nice 3-4point bounce on it, if this pops at open on short covering to $104-$105 scale in SHORT on it and fade it all day below $99

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Notable Calls:

**************$TXMD   Cantor Tags a BUY rating with $34PT (7.42) Gapping up .50 would take a few here at $7.90 LONG with room to add on ANY pullback at the open look for a nice all day slow move to $9-$10 on this. This is also  nice swing idea as well. Love the range & the call

$*****CRUS  Pacific Crest Tags a $75PT Buy rating (60.48) Gaping up .65 would take a few here LONG at $61.25 with room to add on any pull at open and look for this to make a nice move to $63-$64+ on this call today

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