Stock Picks for 4/15!


We have a guest tonight as Wallstreetsavages will be presenting a #savage penny pick to you guys! But first lets start with the market in general ! For the second consecutive day the DOW,S&P, NASDAQ all finished higher than the previous days. The DOW gained 77 points clsing at 16,250.81. The S&P gained 9.74 points closing at 1840.35. NASDAQ gained 12.12 points closing at 4,034.81.

Google, Yahoo, Google, Yahoo, Google, Yahoo. Those are the stocks that are on my mind as of this moment. Google & Yahoo are both earning plays. I was fortunate enough to hit on my Yahoo ER play as I am currently holding 196 shares of YHOO, Along with 2 April 19 34$ Call options. YHOO was up 7% during after hours. To read more on YHOO’s earnings click here Speaking of earnings, we took a 133% on our JNJ 97.50 April 19 calls. To be honest with you, I was extremely disappointed with JNJ as I was expecting profits of 200% and up. Pictures below. My predicament with GOOGLE is the price for their options. Google is currently sitting at 548. The April 19 550 calls are sitting at 15.70 ($1570 for ER play) the 555 April 19 calls are sitting at 13.40. With earnings I like to buy my options within a 5% range so the farthest I would go out as of right now would be the 575 calls which is currently sitting at 6.00 ( $600) which is pretty expensive.

IMG_6517

 

As for yesterday’s penny picks. I mentioned that GRAS was a buy if it started hot ( stand by if it tanked) . However GRAS tanked today therefore I hope NOBODY got into GRAS. For the second consecutive day GARB’s volume exceeded. I just find the spike in volume strange. Lastly KNSC finally broke out of its channel. KNSC traded at the .0007.0009 for the majority of the day as investors did not react kindly to the news that KNSC released “KNSC Appoints Ex CEO Of India Based IT Co and CEO of US Wireless (UWRL) as its Chef Information Technology Officer” to read yahoo finance’s report on KNSC click here . Since KNSC’s drop was fundamentally driven ( not a technical breakdown) I will be holding onto KNSC as I believe it will rebound tomorrow.

Penny Picks for 4/15

AEGY, REAC, KNSC. We will be taking a read and react approach with AEGY & KNSC. The marijuana sector has been hit hard lately which has attributed to AEGY’s free fall. AEGY blew past support and dropped 23%. This is why we will be taking a read and react approach with AEGY, if AEGY continues to free fall we will obviously pass on the stock. However if AEGY shows signs of strong support we may see a nice bounce to the 38-40 range. Same approach will be taken with KNSC, if KNSC free falls once again we will pass. If KNSC starts out hot we will be jumping right back in. REAC is a must buy at .0002. If you look at the charts, you will see that REAC is trading at a pretty stable channel at .0002-.0004. Good luck to everybody.

P.S I will not be playing AEGY, KNSC, REAC due to the fact that I will be concentrating on earning plays. ( GOOGLE, YHOO, MS) Other earnings to watch BEFORE Wednesday’s open, ABT,ASML, BAC ( Bank of America), CS, FRC, GWW, HBAN, PNC, STJ, USB. Earnings to watch AFTER Wednesday’s close, AF, ALB, AXP, BGS, BMI, CCK, COF, EFFI, EPB, EWBC, GOOG, HBHC, IBM,KMI,KMP, KSU, NE, NSR, PBCT, PLXS, RLI,SLM,SNDK,STLD,TPLM, URI.

Penny Pick by @wallstreetsavages  BIG NEWS out of ADCS “Advanced Content Services $ADCS Form Strategic Partnership to Launch Cannabis Card(TM)” 

Option Trading Analysis – AMZN KO INTC To read Cortes’s analysis on these stocks click here 

HEMP EARNINGS Hemp, Inc. (HEMP) First Quarter Sets Company Revenue Record– HEMP soared 30% after the company released their earnings for 2013. To read our analysis on HEMP earnings click here.

PHOT SUSPENSION –  The U.S. Securities and Exchange Commission suspends trading of GrowLife, Inc. (PHOT). The SEC release states, “The Commission temporarily suspended trading in the securities of PHOT because of questions that have been raised about the accuracy and adequacy of information in the marketplace and potentially manipulative transactions in PHOT’s common stock.“ To read our detailed analysis and what this means for PHOT, click here . The SEC might have suspended trading for PHOT but FITX took a beating amid news of the suspension. It is because FITX has a partnership with PHOT and who knows if the issues from PHOT run deeper into FITX ( FITX was down 18% at one point during the day) .

* Big earnings coming up – Google 4/16 Amazon 4/24 Under Armor 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 Armor.

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.

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 !

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

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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