Earnings and Stock Plays for The First Day of May!


Good evening everybody! The DOW finished the month of April at an all time high of 16,580! The S&P gained 6 points closing at 1,883.95. The NASDAQ index gained 11 points closing at 4,114.56. Overall this was a great month and hopefully this carries over into May!

Today was a mixed bag. We were able to sell off SLRW and SGYP between 9am-10am EST. We sold SLRW at .0008 for a 15% profit and SGYP at 5.25 at a 11% profit. However BRND and PRPM both took major hits during today’s trading session. PRPM was not a lost cause because my 10 million buy order that was 2 weeks old finally filled at .0002! We also picked up stocks and options for YELP ahead of earnings ( entry price was 58.75 for shares and 3.00 for the May 2nd 60$ calls). YELP is currently up 5% due to its increased guidance for the upcoming quarter. To those who followed me in my acquisition of YELP congrats you will be seeing green tomorrow!

EARNINGS TO WATCH- LNKD,XOM,IDCC,CVI.

Penny Picks for Tomorrow.

Pick by @californiachase – USTC! USTC is right at its 52 week low making it a good candidate as a “value ” buy.  Most recent news out of USTC USA Real Estate Holding Co – As part of our new Business Plan we will be investing in Limited Partnerships designed to produce income. Real property as well as Oil & Gas and the HOT New Sector Cannabis. We are negotiating on land in states that allow Medical MJ, and the legalized states of Colorado and Washington.- USTC

BRND is still a strong play in my opinion as it is venturing into the marijuana sector. BRND is not a ‘flip” it is a long term stock . The description of BRND from there official websites is

We’re Adding Medical Marijuana to our Line of Products and Services

The medical marijuana landscape is changing daily across every state in the union and we believe that the best opportunity is to develop cannabis brands and consolidate the marketplace with best-in-class pills, drinks, oils, hair and skin products.

Our goal is to be the leading Hemp and Cannabis product branding and sales company, using our 40 years of experience in product development, sales, distribution and marketing in wholesale and retail markets to launch new over the counter nutraceutical and beverage products.

After many years of working with retailers, distributors, formulators and co-packers we have a large infrastructure that allows us to develop formulate, produce, and launch products as beverages, nutraceuticals, and personal care products. Now we’re putting all that experience into developing, branding and selling medical marijuana consumer goods.

The main business models will be to partner with other companies in product development using joint ventures and to develop our own brand of medical marijuana products.

Premier’s Cannabis Products

Products under development include nutraceuticals, beverages and personal care products that will be fully owned and operated by the company.  The first product will be available in the summer of 2014. These products will be branded for medical marijuana retailers as well as crossover mass retail customers shopping at pharmacies and convenience stores.” – BRND official website. To read more click here

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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