SEAC is an after market earnings winner beating earnings estimates by eight cents. Wednesday it closed up 2.19% at $2.80 a share. After Hours price action crossed $3.90-$4.00 a share. Float is 30.8M with a little over 622K short.
Entry Point: $2.90 or less on morning dip
Exit Point:$3.74 or more capturing 30-40% profit
Stop Loss: $2.755 (5% stop loss)
ICL - is a contract winner and earnings winner. It closed at $4.03 during market hours, and dropped to $4.02 after hours with poor volume. It may run however it may take upwards of six months to recover to past highs of $4.75. The problem with ICL is the huge 4 Billion Shares outstanding, so this is a no go earnings winner.
Premarket Earning Reporting - DLTH, FGP, MCC
DLTH- is already showing upward momentum with 32M shares outstanding Yahoo estimates 40% of the float short. Momentum is up to 500k from 200k so there is attention surrounding the earnings report. After hours action shows almost a $1.00 spike per share $20.10
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