Its Great To Be BACK! STOCK PICKS FOR 4/30


Good evening everybody! Its been a long time since I’ve sent out our newsletter. Anyways, the markets are looking GREAT! The Dow gained 86 points closing at 16,535.87. The S&P gained gained 8.90 points closing at 1,878.33. The NASDAQ index gained 30 points closing at 4,103.54.

I just want to update you guys with my current portfolio. I recently sold of Chipotle as it slide under 500$. I also sold 1/4 of my shares of FNMA to pick up BRND for the short term ( 500K shares of BRND). FNMA is currently sitting at a channel in between 3.50-4$. I moved my funds to a more volitale play as of now. Wish me luck! We are currently holding FNMA, TSLA for the long. PRPM……Sadly I am still holding this stock. I’ve been aboard the PRPM train since their days of .0008. The global lock is not doing shareholders any favors but once PRPM gets released we should be golden as they are expected to announce a buyback/share reduction plan.

* BIOPHARM PLAY* We recently picked up over 1600 shares of SGYP within the range of 4.82-4.8499. Reasoning behind our pickup? SGYP is currently right at their200 MA of 4.85 ( Moving average) . Don’t worry this is not a technical pick. This is a fundamentally driven pick. AEGIS raised their target of SGYP to 28$. Yes you heard that right 28$$$!!!!. To read more on SGYP click here. SGYP is currently in phase 3 for Plecanatide. News is expected to be released at the beginning of quarter 2 ( which is where we are at right now) and analysts are saying that  April 30th is the perfect day to do it. Stay tuned. 

Stocks to watch for tomorrow. SLRW- SLRW got my attention during the day due to the HUGE ACCUMULATION of buys between .0006-.0008. I watched almost 17 consecutive trades go through from 11-2 pm EST. I finally decided to jump in as there are rumors about SLRW being the next marijuana stock. Who know? Just make sure you keep an eye on SLRW by monitoring level 2 and watching the IHUB boards.

ER news. TWTR, EBAY. I was watching TWTR/EBAY very closely during the week. As you all know I play options during earnings season. With school work and etc I decided to lay off my TWTR EBAY plays. For those who played puts on both companies congrats! Once again TWTR’s earnings were extremely disappointing and it caused the stock to drop 10% during after hours. EBAY also disappointed with their earnings and the stock dropped a modest 4%.

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.

*UPDATE ON PHOT, PHOT RELEASED FROM SUSPENSION AS SHARES TUMBLE OVER 70%! * 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) .

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, YHOO, NFLX 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! 

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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4 Responses to Its Great To Be BACK! STOCK PICKS FOR 4/30

  1. Chris Hayle says:

    email address!

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