Big Day Tomorrow! Market Recap 3-12 & STOCK PICKS FOR 3-13


PLUG,PLUG,PLUG. I know you guys are probably all sick and tired of hearing PLUG. Well tomorrow is the moment of truth for PLUG. PLUG is set to release earnings at 10 am EST! MAKE SURE YOU TUNE IN. If they beat earnings with good guidance expect this stock to soar $10-13 is very manageable remember this stock was at 11.72 by noon on Tuesday before Andrew Left’s report on PLUG, For more on Left’s report click here. If PLUG’s earnings were to fall short do not be surprised if the stock closes at $3 or lower. The selloff would cripple investors and PLUG. What’s is behind PLUG’s recent momentum? The Answer to that is that investors are pleased with PLUG’s contracts with Wal-Mart and FedEx. We recently wrote an article on PLUG’s future, to read more click here. Everyone’s opinion is irrelevant tomorrow, If PLUG’s earnings dazzle this stock could go for a long run, If PLUG’s earnings fall short expect shares to plummet. One thing to keep in mind, insiders usually sell off shares before earnings since they know the results of the report. However, PLUG gained 13% ( High of 20% gains). My conclusion? PLUG insiders were not selling, they were just picking up shares with a nice discount thanks to Andrew Left’s report on PLUG. Stay Tuned. 10 AM EST! Click here for a detailed statistics on PLUG

FNMA- News of the government shutdown has crippled FNMA & FMCC. I personally do not believe that the government can shut down these mortgage giants. The slide for FNMA will continue sliding for a few more days in my opinion but I firmly believe that it will bounce back. Therefore I am going to be watching FNMA for very important indicators but as of now, I can see this stock falling to the 2.40-2.60 range and at worse  1.90-2.20. When I buy FNMA, I will send out an alert!

OTHER Earnings reports to consider ( 3-12) AMRC,CBK,DG,DXM,GCO,GOGO,KIOR,MEI,PGNX,PHMD,SNMX. You guys might be familiar with GOGO,PGNX since I have shorted them before.

LONG term Stocks ( DONT CHANGE VERY OFTEN)  CMG, TRMR, FNMA, FMCC, MA, GOLD, BRK-B, NKE, NOW, ICLD, GNTX, XOM.TSLA. NEW ADDITION! CTIC, VZ

Penny Stocks 3-12 Recap! Yesterday’s Picks for TTEG,REAC,NPWZ

Check out how they did ! REAC ( Personal Favorite Very Predictable had a 33% Day!) TTEG had a 20% day and small losses for me on NPWZ 8% loss . Note I sell all my pennies usually before noon and definitely by 4pm EST.

picstitch

PENNY PICKS FOR 3-13

I usually spend 500$ on each penny stock I recommend however tomorrow I will be doing something different. I was expecting PLUG to plunge into the 4$ range so I was getting ready to buy some PLUG Calls. However the stock gained 20% by mid day so my plans to buy call options went out the window. Therefore I will be spending 1000$ on one penny stock and 500$ each on the other ones.

JRRD ( LOCK ) 1000$

APPZ 500$

COSR 500$

LONG TERM PENNIES- LEGIT MARIJUANA STOCKS AND MYEC ONLY! Detailed analysis on why marijuana will be a booming industry within the next 5 years Click Here! 

IMPORTANT!!! All our penny stocks are based off technical analysis. Our unique methods have a success rate of 89% ! Do not forget that the odds are against us mainly due the fact that timing is key and our penny picks change day in and  day out. When trading our very own penny picks, the average holding time is about 30mins to 3 hours!. We are In and Out!!. To follow our every move follow us on twitter Hereitfirst_ Remember guys most of my penny picks are for day trading so you should be in and out!. Picks are all technically driven, I PLAY THE TRENDS not the stocks fundamentals. If the ask of one of my penny picks is beyond reach DO NOT CHASE! Live to fight another day.

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General Disclaimer: All Statements are our opinions, invest at your own risk 

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About Mitchell Fung

Forex ,Stocks & Option Trading Contact Us if you have any more questions. Email- Hereitfirst@gmail.com Twitter- Hereitfirst_ Instagram- Hereitfirst Paypal Email for donations -desiredmaya@gmail.com
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4 Responses to Big Day Tomorrow! Market Recap 3-12 & STOCK PICKS FOR 3-13

  1. tommyb1984 says:

    Earnings will be huge!

  2. Miguel Jubiz says:

    Hey man quick question Do you buy your stock picks before the market opens or do you wait and see til after it opens? Thanks!

    Miguel J

    >

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