Stock Picks/Earnings for 4-10, Recap of 4-9


Its that time of the year again! Earnings season!

Notable earnings coming up. Google 4/16 Amazon 4/24 Under Armour 4/24  Apple 4/23 TSLA 5/14. I will most likely put Calls on Google and Amazon. Puts on TSLA ( Tesla) . Have not decided on Apple or Under Armour.

Earnings to watch for 4/10. * Earnings that will be released before Thursday’s open. CBSH, FDO, IGTE, PIR, RAD, SJR, TITN.

Earnings that will be released after Thursday’s close. NQ

Out of all those companies that I mentioned above, I will only be playing RAD. One other factors that sold me on RAD is their rebound. At one point RAD was trading under 1$( RAD currently sitting at $6.40 per share. I am personally holding April 19th 7$ call options while Juan is currently holding 940 shares. Another factor that led to my decision to put calls on RAD is the option chain ( option chains are favoring the calls) . FYI- Sold off my PLUG April 19 8$ calls to pick up RAD . For a technical perspective of RAD Click here 

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Stock Picks for 4-10.

PHOT, KNSC, IPRU. PHOT is a value buy, if PHOT trades under the .50 range ( .40 range)  it is a must buy as it should be trading in the .60’s not .40s and 50s.

KNSC is a great stock, like I mentioned in yesterday’s post, KNSC is currently trading at a stable channel ( .0009- .0012) making it a perfect candidate for a day trade. More importantly KNSC looks like an exact replica of CWIR. ( CWIR went from .0001 to .004) KNSC is currently trading at a stable channel ( for pennies) in the 9-11 range. Put KNSC on your watch list. If it drops a few ticks buy it as it is poised to make a CWIR run.  * I day traded KNSC on 4/8 & 4/9 bought at .0009 and .0010 & sold it at .0011 both times and I will most likely attempt to pick it up again at .001 or 9

IPRU- I have been day trading IPRU for the last 3 weeks. IPRU sits in a pretty wide channel from .0005-.0007/8. Its a pretty wide channel but its extremely stable ( based on my experience). IPRU is currently sitting at .0006. If you can pick up IPRU at .0006 and in a best case scenario .0005 sell it at .0007 or if you decide to get greedy .0008. IPRU might take a day or 2 to get to .0007/8 but patience is key in this game. Enjoy and good luck guys!

MANNKIND BIOPHARM WATCH : Breaking news out of MNKD due to the FDA extending its Afrezza PDUFA date to July 15. Afrezza’s original PDUFA date was scheduled for April 15. For the short term it means that the hype is going to die down along with a mediocre volume which will drive down the price as it did today. It dropped 8% after it was announced that the PDUFA date was being postponed until July 15 (18% drop during premarket hours). This has no implications on the possibility of the drug getting approved it is still highly likely that the FDA will approve Afrezza in the coming months. So until we start nearing the PDUFA date don’t expect anything huge out of MNKD. Long term wise this is a good stock short term not so much as the risks heavily outweigh reward. In short MNKD will move out of the picture in the stocks we cover mainly because we were interested in MNKD for it’s AdCom and PDUFA.

Long Term Stocks

MYEC- BIG BIG NEWS! MyECheck, Inc. (MYEC) going global with an iCard1 agreement To read out analysis on this click here! 

As For Our Long Term Picks

( STOCK TO STAY AWAY FROM ) KING IPO- OVERPRICED !!! KING’s IPO was a joke ( IPO pricing of 22$)  in my opinion it had one legitimate game ( one hit wonder ) . ZNGA has had more success yet they are only priced at 4-5 $.  THEY need more success/revenue to back up their value we have yet to seen a glimpse of their financials ( signals instability ) .  Great Candidate for PUT OPTIONS as the company has done nothing to warrant their current value.

LONG TERM WATCH LIST! (  Changes once every 1-2 weeks )
LONG TERM STOCKS- CMG, TRMR, FNMA, FMCC, MA, GOLD, BRK-B, NKE, NOW, ICLD, GNTX, XOM.TSLA.CTIC, VZ, PLUG FNMA TSLA

– ARTX As I mentioned before I sold ARTX during the selloff post earnings. This stock still has a bright future therefore I will wait for the selloff to finish and then I will assess and most likely re-enter with a position on ARTX.

For an analysis on ARTX Click here  on PLUG,FNMA,TSLA, For our Reasonings Behind FNMA click here, For Reasonings behind PLUG click here, For Reasonings behind TSLA click here .

LONG TERM PENNY PICKS- MYEC, HYSR, Marijuana Stocks (  * UTRM *, FITX, MJNA, PHOT, TRTC, HEMP, CBIS, MDBX) For our detailed analysis on the future of Marijuana Stocks  click here !

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

We in no way claim that we have investigated the financial , accounting, business practices of the companies that we have profiled. As a result it is recommended that you seek the guidance of a financial consultant or advisor prior to investing in any stock that we profile. Hereitfirst recommends that anyone trading or investing in securities, should do so with caution and consult with their stockbroker or financial advisor before doing so. Past performance may not be indicative of future performance. Day trading is considered highly risky and trader must accept full risk for this venture. Hereitfirst is not liable for any losses or damages, monetary or otherwise that results from buying or selling on the information found in this website or it’s e-mails. We may be long in some of the stocks that we recommend. However we do not make any recommendations to buy or sell any security. The only thing we recommend is consulting a financial consultant before you trade.

 

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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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