The overall market is going down given the tension between US and North Korea, given the source from bloomberg. Mr. President Trump say the responce from US will be fire and furious if North Korea keep treaten. I will not long or deep easily. Choosing shorting will be better tonight.
https://www.bloomberg.com/news/articles/2017-08-08/trump-vows-fire-and-fury-if-north-korea-keeps-threatening-u-s
For MDCA, it is definitely the good spiking stock yesterday from 9.3 to 10.85. I send the order with price 9.35 before market because I saw the earning winner before market open. But I can not buy any share and I do not chase the stock when the price hit 10.5. If no tension between US and North Korea, I will definitely long the stock tonight. However, the overall market may go down today, so I will better dip buy.
For GPRO, the price has mainted 10.52 for two days. However, there is a negative catalyst before the market open. The catalyst is the downgrade for GoPro. The price will crash today given this news. Better short today or dip buy in supporting line 9.5.
GoPro, Inc. (GPRO) Consensus Price Target
The company’s consensus rating on Reuter’s scale slipped from 3.47 to 3.4 during a month. Analysts set a 12-month price target of $8.46 a share. The target implies a -19.58% decrease from where the shares are currently trading. Also, the current price highlights a discount of 23.57% to analysts’ high consensus price target.
Source: https://www.google.com/finance?q=GPRO&ei=T_mKWaD9NI22uATRooyQBQ
For LBUY and TMQ, I will leave them alone given no catalyst, no volumn.
For ONDK, the price has went up from 4.2 to 5 for two days, after a catalyst news release on Monday. Today, there comes another news for the upgrade of the stock. However, given the price is already high and the overall market atmosphere. I will not chase only dip buy.
On Deck Capital, Inc. (NYSE:ONDK) is worth US$360.57 Million and has recently risen 0.2% to US$5.01. The latest exchange of 1.43 Million shares is below its average trading activity of 561.78 Million shares. The day began at US$5 but the price moved to US$4.92 at one point during the trading and finally capitulating to a session high of US$5.18. The stock tapped a 52-week high of US$6.46 while the mean 12-month price target for the shares is US$4.94.
http://thewellesleysnews.com/2017/08/09/stock-research-ratings-baidu-inc-bidu-on-deck-capital-inc-ondk/
For WIFI, no catalyst now and the price is already high, so I will leave it alone.
For KOPN, I would like to choose short the stock given two reason. First, the negative catalyst news released before the market that hte earning is below expectation. Second, the political tension recently. The price has went from 3.4 to 3.9. Here is a good probability that the stock will have morning panic and crash today. Short >>deep buy>> long.
Kopin Corporation Earnings Surprise
Kopin Corporation (KOPN) failed to surprise the stock market in its last reported earnings when it earned -$0.14 a piece versus the consensus-estimated -$0.1. Its revenue totaled $5.32 million down -16.48% from the previous quarter.
For ESIO, there seems no catalyst news recently and the price is still high. The price may crash anyway. But I will leave it alone given no catalyst. Still have better option from other stock.
For PLUG, the price has went down from 2.35 to 2.1 recently. But the price may still go down today given the negative catalyst that the stock is earning loser... Better short the stock today.
https://www.zacks.com/stock/news/271306/plug-power-plug-q2-loss-wider-than-expected-view-intact
For XXII, here is a good catalyst news before the market. May long in a small speculative amount, given 2 reasons. First, the political tension. Second, the ugly fundamental financial structure.
According to Financial Times, The one analyst offering a 12 month price target expects 22nd Century Group Inc share price to rise to 3.50 in the next year from the last price of 2.47.
http://thewellesleysnews.com/2017/08/09/analyst-stock-ratings-fibrogen-inc-fgen-22nd-century-group-inc-nyseamericanxxii/
I will leave CYTR and TEAR alone, given no catalyst.
For MTBC, the company just release a new product for medical IT service, but I am not sure how market see this service. Is it good or bad? Hence, I will only observe the market move.
http://www.marketwatch.com/story/mtbc-talkehr-passes-another-major-milestone-2017-08-09-7160128
Thanks for the post Li Steve
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