1) $OPTT wins Contract with leading Oil and Gas (5.00) PR is weak
Stock Gapping up +$4 like to see a little more pop at open towards $9.50-$10 IMO this is nothing but noise and weak PR and would like simply to short it back down to $6 and under. PR indicates this is a 12 week paid Monitoring in other words STUPID
2) $GME Horrific Earnings (10.10) BofA out with a $5 PT OOPS!!!
Stock Gapping down -$1.50 I like to see a little more pull at the open towards $7.50-$8 if it comes then look for a .50-$1 bounce on it then top it off then slow all day fader back to pre-market lows, I see nothing more then possible short covering then all day bleeder, BUT if this pulls hard at the open then look to bounce it then short it
3) ********$I JPM upgraded this to OverWeight with $27 PT (15.35) BIG CALL FROM JPM
Stock Gapping up +$1.50 would consider taking some SHORT here at $16.80 room to $17.25-$17.50 then look to gap fill this back to $16 and under then look for bottom curl on it then look to go long on it for a nice move towards $19-$20 Today
4) $VNE Gaping up on NO NEWS that I see (23.85)
Stock Gapping up +$1.40 would nibble some SHORT at $25.40 room to $26 at the open then look to gap fill this back down to $24 and under then bottom curl then slow all day move back to highs
5) $AMD Nomura out with a BUY rating and a $33 PT increase (26.75) Going to be fun
Stock Gapping up +$1.35 NOW FYI $AMD likes to gap fill their PT upgrades so would look for any pop at open towards $28.50+ as a SHORT opportunity and look to gap fill this back down to $27.25-$27.50 with size, once this breaks $27.80 at the open if it does gap fill it to those areas then go LONG on it
6) $PLAY Earnings Beat (50.48)
Stock Gapping up +$4.50 Like to see some pullback to $52 and under on profit taking then slow all day move to the upside, more it pulls at the open on gap fill then better then long for us, if this pops more at the open towards $55-$56 top it off and short it for 2-3 pts to the downside
7) $BOOM Increases Sales Forecast approx 100M in Q1 Sales from $82M (50.80)
Stock Gapping up +$5.60 like to see a little more short squeeze pop at the open towards $57+ then look for small pullback to $52.50-$53 and under then bottom curl it then look to long on it for slow all day move to the upside. This is great news for $BOOT so expect shorts to get squeezed at the open.
8) $SINA Chinese Names showing Strength $HUYA, $BIDU $MOMO $WB (61.70)
Stock Gapping up +$1.20 I like to scale in short at $63 room to add at the open then look for FULL gap fill to $62 and under bottom curl then slow all day move to the upside should be fun. You can pick any of the above names and let them pop scale in short then gap fill them then long
9) $USNA Horrible guidance (84.15)
Stock Gapping down -$11 like to see small pull at the open towards $71 area and under then LONG it, I think this will short cover squeeze at the open towards $76-$77 then look to fade it, if you take now here at $73 got to give it room, once it pops and tops off should be a nice fader all day
10) $NVDA UP on ++ Nomura Comments on $AMD (183.00) You know the drill
Stock Gaping up +$2.80 Scale in SHORT at $185.75 room to $187 then look for nice full gap fill to $183.50 and under then bottom curl it then slow move all day to the upside back to pre-market highs
____________________________________________________________________________
Notable Calls:
$BPTH Positive Pre-Clinical Data (19.68) Gaping up $1.20 like to see small pop at the open towards $22 if it comes then decent pull back gap fill to $19.75 and under, if this pulls at the open to same area then look for bottom curl then slow move to the upside back to pre-market pop
$LIN Keybanc Raises PT from $188 to $205 (178.02) Gaping up +$2 would like small push at the open towards $182+ scale in short gap fill this back down to $179 and under bottom curl it then slow all day move to the upside
