(06:09 am) Mitch King:Premarket UP: UNXL,
IRM, ONVO, ROYL, AUXL, AGEN, NBR, ICLD, AA,
GLUU Premarket DOWN: VNCE, BCS, BBBY, RDEN
WATCHING: GPRO [IPO], LEN, MKC, AA, ACN,
CZR, ZU, FB, GOOGL, TWTR, BIG, GM, PM, MNST
(06:14 am) Mitch King:watching AUXL for entry
long soon, prob before mkt opens
(06:16 am) Mitch King:07:00 [AUXL] To merge
with Canadian biotechnology company QLT
Entered into a definitive agreement under
which Auxilium plans to merge with QLT. The
transaction is expected to drive shareholder
value creation by accelerating Auxilium’s
ongoing transformation into a leading
diversified North American specialty
biopharmaceutical company – Source
TradeTheNews.com
(06:32 am) Mitch King:AUXL long here
(06:33 am) Mitch King:watching DDD for
trades
(06:34 am) Mitch King:watching BIDU for
breakout
(06:35 am) Mitch King:BITA moving
(06:36 am) Qwert :monitoring SCTY
(06:38 am) Qwert :monitoring ATI
(06:43 am) Mitch King:YOKU spiking
(06:48 am) Mitch King:monitoring WLL, low
priority
(06:49 am) Mitch King:this news seems more
credible than typical buyout rumors
(06:49 am) Mitch King:41 [YOKU] Hearing
strength attributed to takeover chatter –
Hearing BIDU and Alibaba will submit a joint
bid to acquire Youku for $32/share – Source
TradeTheNews.com
(06:51 am) Mitch King:SPY at low of day
(06:51 am) Mitch King:watching SCTY for
bounce
(06:55 am) Mitch King:monitoring MEI, low
priority
(06:56 am) Mitch King:monitoring AMBA for
shor ton top of bounce near 32
(07:00 am) Mitch King:SLB strong
(07:00 am) Qwert :SLB moving
(07:07 am) Mitch King:higher highs on YOKU
(07:11 am) Mitch King:watching BITA again for
short
(07:22 am) Mitch King:YOKU new highs, steady
uptrend after that news on takeover chatter
(07:30 am) Mitch King:10:30 *(US) WEEKLY EIA
NATURAL GAS INVENTORIES: +110 BCF VS. +100
BCF TO +104 BCF EXPECTED RANGE – Source
TradeTheNews.com
(07:36 am) Mitch King:GPRO starting to get
quotes
(07:49 am) Mitch King:1 min to GPRO ipo, i
let ipos drop before buying, i never buy at
opening
(07:50 am) Mitch King:29
(07:50 am) Mitch King:$24 is ipo price.
should open higher
(08:10 am) Mitch King:this is first big drop
in GPRO, shouldl be a strong bounce at the
bottom
(08:21 am) Murano :watching CHGG
(09:02 am) Mitch King:long TWTR 41.03
(10:57 am) Mitch King:MOVE moving
(11:07 am) Mitch King:new high on TWTR
(11:08 am) Mitch King:FSLR moving
(11:18 am) Mitch King:looking for bounce in
TWTR from here
(11:50 am) Mitch King:microshort on FSLR
soon
(12:22 pm) Murano :monitoring PETM
| (05:17 am) Qwert :good morning regatta
(05:18 am) regatta :gm qwert
(05:55 am) skydiver :ipo to watch open today
GPRO
(05:55 am) skydiver :fouinder inverviewed on
CNBC for quite awhile
(05:56 am) skydiver :gm as well to everyone
🙂 Today will be on this morning and then
going on vacation — be back in 10 days or
so
(05:56 am) Qwert :Nice sky where are you
headed
(05:57 am) skydiver :Seaside Oregon — coast
beach house — all the grandkids coming over
for the week — will be fun and of course
I’ll be exhausted needing a vacation from the
vacation 🙂
(05:58 am) Qwert :gotcha that sounds like a
great time
(05:58 am) skydiver :good memories to be
formed 🙂
(05:59 am) skydiver :IRM – Iron Mountain
volatility expected to move on approval for
conversion to a REIT
(06:07 am) skydiver :CNBC – non – stop
discussions on ipo GPRO – should open a
little after 8:00am
(06:10 am) Mitch King:you trading today sky/?
GPRO ipo should be a hot one
(06:10 am) Mitch King:or warmer one
(06:12 am) skydiver :yes Mitch – this
morning only, but will not miss GPRO 🙂
(06:13 am) Mitch King:you guys see that New
York’s highest court says the ban on big size
or different versions of Coke and other soft
drinks ban was overturned
(06:14 am) skydiver :no Mitch – missed that
— interesting —
(06:29 am) skydiver :all out of AUXL
pre-market short . . . now looking for long
(06:30 am) skydiver :more down on AUXL –
(06:35 am) skydiver :SCTY
(06:44 am) skydiver :ipo – SERV now open
(06:44 am) skydiver :YOKU – take over
chatter
(06:46 am) skydiver :ipo – TCPI – now open
(06:50 am) skydiver :long SERV 17.17 – out
17.31
(06:51 am) skydiver :SCTY – take over
chatter circulating again
(06:56 am) akram :wuba
(07:00 am) skydiver :TSLA rebounded nicely –
missed it however –
(07:04 am) skydiver :SLB short – nice
(07:04 am) skydiver :thnx qwert
(07:05 am) skydiver :3/4 covering SLB short
(07:07 am) skydiver :all oiut of SLB short
(07:11 am) Mitch King:GPRO ipo set for 1050am
eastern time
(07:12 am) Mitch King:thats about 37 minutes
(07:12 am) skydiver :thanks Mitch
(07:15 am) Mitch King:you hanging out for the
GPRO ipo sky?
(07:15 am) skydiver :yes
(07:15 am) Mitch King:i think it should do
good IF it drops a little after opening
(07:16 am) Mitch King:if it gaps way above
its ipo price, then i usually pass on them
(07:17 am) skydiver :ok MKitch – good info
(07:29 am) Mitch King:whats Joey doing
today?
(07:29 am) Qwert :not sure Mitch was
wondering myself
(07:31 am) Mitch King:trading vol going to be
really low with USA vs. Germany on World Cup
(07:32 am) skydiver :is that today Mitch?
ok . . got to see that one for sure
(07:32 am) Mitch King:Brazil’s trading volume
has dropped 70% the last 2 weeks from normal
levels
(07:32 am) Mitch King:yes
(07:32 am) skydiver :ok
(07:32 am) Mitch King:i think 200pm pacific
time
(07:32 am) skydiver :gotcha
(07:32 am) Mitch King:not sure of time
though, check for yourself
(07:32 am) skydiver :will do — thanks 🙂
(07:33 am) Mitch King:see AUXL this morning,
this was a merger and the stock dropped from
$25 to 20.60 premarket, same pattern these
high fliers are dropping
(07:33 am) Qwert :i think i heard its on this
am Mitch
(07:34 am) Mitch King:yeah, probably right, i
thought i overheard that on tv too, plus i
noticed ideas were very low quantity this
morning at open
(07:35 am) Murano :UGAZ dropping natural gas
must be down
(07:36 am) Mitch King:youre right qwert, ESPN
tv schedule shows 800am, in about 25 min from
now, i think kickoff shows 830am
(07:39 am) scalpman :VTRX dropping
(07:49 am) Mitch King:1 min to GPRO
(07:53 am) Mitch King:looks weak
(07:53 am) Mitch King:needs to go on a move
down, gain some momentum down before a good
long entry
(07:54 am) skydiver :agreed Mitch – I caught
it 29.61 – bad entry on my part – but working
at moment — 3/4 out of GPRO
(07:54 am) Mitch King:you might sell some if
long GPRO
(07:55 am) Mitch King:$30 is a resistance
level at the moment
(07:55 am) Mitch King:dont buy at market
price, use limit
(07:56 am) skydiver :holding onto GPRO a bit
longer
(07:57 am) Mitch King:this is where i thought
GPRO would open, above 30,
(07:57 am) skydiver :all out of GPRO long
(07:58 am) Mitch King:good one sky
(07:58 am) Mitch King:you can go to the beach
now
(07:58 am) skydiver :thanks Mitch — now I
can afford the beach 🙂 🙂 Great mentoring
— okay — have a great day guys – see you
all in abouit 10 days or so – I might check
in once in awhile 🙂
(07:59 am) Mitch King:sure sky, see you
tomorrow
(08:00 am) Mitch King:i should have been
listening to CNBC about GPRO and get a gauge
how much they are talking about it
(08:02 am) Mitch King:16 ipos this week,
thats a lot
(08:08 am) JoeyTSA :Good morning everyone,
had some early running around to do
(08:11 am) Qwert :good morning Joey
(08:12 am) JoeyTSA :hey Qwert, just responded
to your fb message
(08:13 am) JoeyTSA :GRPO looks good, CELG
earlier did too
(08:21 am) regatta :watching low priced
CHGG
(08:37 am) Murano :reduce CHGG if long
(08:55 am) Mitch King:star spangled banner
playing at World Cup USA v Germany, volume
drying up already
(08:57 am) Mitch King:you guys notice the
scanner is quiet?
(08:58 am) Mitch King:oh crud, Michael
Bradley playing again. he was so bad first
two games, he caused the tie on last game
(09:01 am) JoeyTSA :yeah Mitch, goign to be
dead for a lttle while
(09:04 am) JoeyTSA :back in about 90min
(09:07 am) Mitch King:closed TWTR, took
10-cents or so
(09:07 am) Murano :monitoring TDC approaching
S3
(09:09 am) Murano :nice bounce on ACN this
morning wish I had caught it
(09:11 am) Qwert :back in awhile got to run a
few errands
(09:28 am) Murano :keep tight stop on TDC if
long
(09:38 am) Murano :out all TDC lost
patience
(09:43 am) Murano :monitoring MTZ
(09:50 am) Murano :reduce MTZ if long
(10:27 am) Mitch King:good one on MTZ murano
(10:28 am) Murano :thanks Mitch
(10:31 am) Murano :out last 1/4 MTZ
(10:38 am) JoeyTSA :even if USA gets thru,
they wont go far
(10:40 am) Murano :OHRP setting up for a
short if you can find shares
(10:55 am) Mitch King:vol picking up on some
stocks
(10:55 am) Mitch King:TWTR, GPRO
(11:17 am) Murano :reduce OHRP short if you
were able to find shares
(12:04 pm) JoeyTSA :Thanks
Mitch,Murano,Qwert,traders..enjoy the day,
see you tomorrow
(12:07 pm) Murano :see you Joey
(12:28 pm) Murano :done for the day, see you
tomorrow
(12:35 pm) Mitch King:cover FSLR if short
anyone
(12:50 pm) Mitch King:see you guys tomorrow
(12:50 pm) Mitch King:tjhanks for the picks
(12:50 pm) klas :Later Mitch
|