1) $KODK D.E Shaw discloses 5% passive stake in the company (5.98)
Stock gapping up +90% do not long this unless pop at the open to $10.10 area then quick squeeze for 1-2 pts then watch for topping on it, if this small pops and breaks down to $9 let it pull and possible slow gap fill fade right back to $7 and under. Let this show you at the open
2) $GOGO sold its aviation business for 400million in cash to Intelsat (5.14) This should gap fill
Stock Gapping up +1.50 do not BUY this unless pop at the open to $6.50 then quick move for .50-$1 then all day fader, IMO this will simply gap-fill right back down to $5.25 and under
3) $ATNX announces FDA acceptance of NDA for oral paclitaxel (11.49) Pump & Dump
Stock Gapping up +3.00 do not long this unless pop at the open towards $14.50 then look for quick move to $15.25-$15.75 area then watch for topping then slow all day move to the downside and look to gap fill this back to $12 and under, if this small pops at the open and lower lows set in look for the stock to simply gap-fill to $12 and under
4 $WORK Gapping up on no news (32.84) Gap fill
Stock Gapping up +2.00 would nibble some short at $35 area room to add on any pop at the open look for the stock to gap-fill to $33 and under then bottom curl it and slow all day move upside
5) $JNCE signs exclusive license agreement with $GILD (4.84)
Stock Gapping up +100% do not long this unless pop at the open through $10-$10.50 then look for a move to $11.50-$12 for quick money then watch for topping on it and slow fader back down to $5.50-$6 and under. If this small pop at the open and lower lows to set in look for the stock to simply slow gap fill fgade to $5.50-$6 and under
6) $PENN Tier 4 firm putting out a buy rating with $75 PT (51.10)
Stock Gapping up +2.00 do not buy this unless pop at the open to $53.50 get that then we get a move to $54.50-$55 then watch for topping and then look to slow gap fill back to $51.50-$52 and under, if this yanks right at the open to those same areas bottom curl it and slow all day move to the upside
7) $CRWD Jefferies makes positive comments INTO earnings (125.73) Gap-fill this halfway
Stock Gapping up +10 do not long this unless pop at the open to $136.50 area then quick 1-2 point move to the upside, top it off then slow all day fade back down to $126-$127 and under, if this small pops at the open and snaps $132 short the rest to $126-$127 I WILL BE PLAYING THIS ON THE SHORT SIDE
8) $DOCU Gapping up on $ZM Earnings (223.00)
Stock Gapping up +14 do not long this unless pop at the open to $250 then look for 3-5 points more to the upside then look for topping then slow fader back down to $225-$227 and under, if this small pops at the open and snaps $244 take some short and ride it back down to $225-$227 area then look for bottom curl and slow move to the upside. I will be playing this on the short
9) $ZM HUGE HUGE HUGE Earnings Beat HUGE Guidance (325.10)
Stock Gapping up +125 I love the $450 starter on the short side on $ZM this will not gap fil but at least will give you 35-50 points to the downside, play small and take the money as it comes. For longs, do not long this unless pop at the open to $460 then look for quick 5-10 pt move to the upside then look for the topping and all day fader back down at least 35-50 points to the downside
10) $TSLA Offering 5 Billion offering future to the banks (498.32)
Stock Gapping down -14 do not long this unless pop at the open to $510 get that then we get another 10-20 points to the upside. I will be playing the long on this to the upside, if this pulls at the open hard to $465-$470 area look for solid bottom curl and slow all day move to the upside
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Notable Calls:
$FSLY had a nice gap up this moring, think this runs today (92.84) Do not long this unless pop at the open to $93.50 then look for 2-3 pt move towards $97 then top it off then look for the slow gap fill fade off, if this snaps $92 take it down to $87-$88 then bottom curl it and solid all day move to the upside
$SHOP lets have some fun (1066.42) Gapping up +18 do not long this unless pop at the open to $1084 then solid move for 15-20 pts to the upside then lean into it short and bring it down 20pst or more, if this snaps at the open $1074 chase it short and bring it down to $1055-$1060 and under then bottom curl it and slow all day move to the upside
$PD Gapping up on no news (32.67) Gap fill
Stock Gapping up +2.30 take some short at $35 area looking to add on any pop at the open look for this to simply gap-fill right back to $32.75 and under then watch for the bottom curl and slow all day move to the upside
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