1) $AGRX #FDA approving AKLIEF (.37)
Stock Gaping up +1.60 DO NOT BE A BUYER ON IT THIS UNLESS WE GET 500K-1 MILLION BUYER IN AT $2 A SHARE THEN WE CAN CHASE IT TOWARDS $3 if however this small pops and lower lows set in this should be an all day fader back down to $.85 cent to $1.00
2) $PVG Earnings Miss (12.23)
Stock Gaping down -$3 like to actually take this long a little at the $9 area looking for a short covering pop towards $10.50-$10.80 area for quick money then slow fader on it, if t this pulls at the open towards $8-$8.50 I would be a buyer on the 2-3 point bounce on it, should be fun. More it pops at the open better the range to the downside
3) $DRNA to receive 200 million up form with a collaboration with ROCHE (15.74)
Stock Gaping up +$2.25 let this open first, you all know I don’t like collaborations, but this is getting 200 million upfront, so lets see if we get a nice push at open towards $19-$21 watch for topping then slow fader on it to the downside more it pushes better the short for us on it we will get more points, if this snaps $17.40 and under at the open we should get a sell off to $16-$6.50 and under on it
4) $MMSI Earnings Miss (29.11)
Stock Gaping down -$10 LONG this baby at 19-$20 area and look for a nice 2-4 point short covering push at the open think this is a little over done thinking we get $22+ on it before we get the slow all day fade on it higher it gap fills better the fade, IF this snaps again at $18 and under bottom curl it then slow all day move 3-5 points on short covering
5) $ETSY Earnings Miss (52.80)
Stock Gaping down $6.80 would nibble a few long at $46 room to $44 at the open look for the stock to bounce 2-4 points for quick money top it off then all day fader on it!!! More it pulls better the range to the upside
6) $WDC Earnings Mixed CEO retiring and stepping down. (62.16) I think this will be bought up
Stock Gaping down -$6 would be a buyer on weakness at $56-$57 areas if it pulls at the open to $55 and under would add to the position, think the stock simply heads back to $59-$61
7) $LITE Earnings Beat slight beat on guidance (57.20)
Stock Gaping up +$6 like to see this touch $64-$66 at the open top it off then look for a nice gap fill sell off 3-5 points on profit taking, if this yanks at open under $60 bottom curl it then slow all day move to the upside on it back to pre-market highs
8) $W BUY AT $80 BUY AT $80 BUY AT 80 Earnings Miss (101.08)
Stock Gaping down -$21 BUY AT $80 BUY AT $80 BUY AT $80 PLAY THE QUICK 5-8 POINT BOUNCE AND WAIT FOR IT AGAIN IF IT PULLS AGAIN AT THE OPEN, MOST OF YOU SHOULD BE DONE FOR THE DAY, THIS WAS THE EASIEST PRE-MARKET PLAY YOU COULD TAKE!!!
9) $TWLO Earnings Miss (107.70)
Stock Gaping down -$7 like to see a little more sell off at the open towards $97-$98 area or more bottom curl it then slow all day move 3-4 points, more it pulls at the open better the range to the upside for us, If this pushes to $103-$105 at the open top it off then we should get a nice all day fader on it
10) $OLED Earnings Beat (173.65) Think its a little overdone
Stock Gaping up +$23 imo let this push a tad more at the open would love to see $199-$201 top it off then look for a nice 10-14 point gap fill profit taking fade, according to the report there making only 20million more so this $200 PT this morning is a little too much, if this snaps $193-$195 at the open look for a nice sell-off on profit taking should be fun to $185
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Notable Calls:
$FB Earnings Beat (188.25) Typically $FB on Gap up on $Earnings tends to sell off there gaps Gaping up +$7 Like to see small push at the open towards $199-$201 top it off once this snaps $196-$197 imo this should gap fill back down to $189-$191 and under then bottom curl for slow move to the upside
$ABMD Earnings Beat (181.77) Gaping up +$17 I like the beat but would prefer some gap fill sell-off to $183-$185 and under stock is thin so let it set up but once it snaps $195 in pre this should gap fill to $185 area bottom curl then slow move to the upside
