Stock Picks for 4/22 WITH A IMPORTANT ANNOUCEMENT


Good evening everybody! An announcement to all of my followers: I will no longer be able to post excessively on Hereitfirst due to the educational demands that have been heightened within the upcoming weeks from college. For these reasons I will only be able to post on Sunday nights, Thursdays and Fridays. I apologize greatly for any inconvenience that this may have caused for you all. Back to statistics, congrats to S&P as its had its longest winning streak this closing at 1,879.55 . The Dow gained 65 points closing at 16,514. The NASDAQ index gained 40 points closing at 4161.45.

                                Daily Penny Picks ( Instagram : Hereitfirst Twitter: Hereitfirst_)

EWRC:( Brought to me by Superstormstocks) volume has picked up significantly thus far this week. Company went current with the OTC a month ago after not being current for several years. Why would a ticker go current suddenly unless they had other news/happenings/filings to follow? Company is based in California, could EWRC possibly be the next MMJ runner?

ERBB- Big news out of ERBB, to read our take on it click here

BRND- BRND alerted to our subs last night! Congrats to those that played as BRND gained 65%!!! After a 100% day on Monday and a 65% day on Tuesday. BRND IS NOT DONE RUNNING! Expect BRND to gap to the 5s tomorrow and look for the run to continue. Our reasoning from last night remains the same “ Premier Brand closed a solid 100% alerted stock at open today and went as high as 300% .0040 on its first day. Low float play here. This is a marijuana stock play, last time BRND ran due to .04 due to Dennis Rodman, it is possible that a celebrity could help move this stock again.- @torontowallstreetsavages

Its amazing how well Seeking Alpha can manipulate a stock. In late March SA released an analysis which predicted that ARTX would be worth 15$ by the end of the year. That evaluation was obviously false but the damage was already done. On that day that SA released their report on ARTX the stock soared over 50%. Come April 22, SA puts out an article claiming that ARTX would be worth no more than 2$. Surprise surprise ARTX plummets 16%. This does not stop us from keeping ARTX on our long term watch list but it does force us to lower our target from 13$ to 7$.

Today we picked up 36 shares of Facebook ahead of earnings. For the last couple of months, I’ve had a negative opinion on Facebook. I personally did not like the acquisition of Whatsapp and Oculus. I felt like the purchases were unnecessary and in results effect FB’s cash flow and earnings in a negative way. However I finally did my due diligence and I came to the conclusion that Facebook could in fact be the next Google. Another factor that led me to buy Facebook was the option chain. Facebook is currently sitting at 63.33 during after hours, therefore we will be looking at the May 17 65$ calls and the May 17 62.50 Puts. The open interest( How many people are currently holding the contract) for the 65$ Calls is at 72,979. The open interest for the May 17 62.50$ calls are sitting at 11,851. We have inserted the picture of FB’s option chain. ( Pretty lopsided in my opinion the open interest in the calls is almost triple the open interest for the puts). * Other earnings to watch are APPL, NOW, ZNGA.

IMG_4153

* We also purchased April 25 327.50 Calls for Amazon. We will have a detailed on the reasoning behind this pick tomorrow as AMZN will release its ER on the 24th.

News On Our Long Term Stocks

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 –  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! 

We are a non profit group/organization. Our main objective is to educate and help our subscribers, investors, and prospective stock traders with investments. There is no grander feeling than changing the lives of our followers. This organization is run by full time college students and donations are appreciated. We appreciate any amount to help us keep moving forward with better picks for our subscribers. We will continue to build a better website for everyone !.

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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One Response to Stock Picks for 4/22 WITH A IMPORTANT ANNOUCEMENT

  1. histats.com says:

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