Mark Holder
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Mark Holder in Out Fox The $treet,

Out Fox The $treet: November 13, 2017

Stocks to watch on Monday:

Synergy Pharma (SGYP) - despite solid Q3 prescriptions, the market will focus on the quarterly cash burn of $59 million. Until, Synergy gets closed to cash flow breakeven, the market will likely hold this biotech stock down, especially after the debt financing. Still prefer, the non-dilutive financing option, but the added risks will remain until revenues get large enough to start cutting the cash burn. 

LendingClub (LC) - the fintech hit solid support at $4.20 again. The EV of $1 billion remains a highly appealing entry price for the market leader in online lending and revenues set to top $700 million next year. These levels aren't likely to last long. 

Himax Tech (HIMX) - typical quarterly results left the market wanting more. Himax guided to weak Q4 numbers. Guidance just isn't going to support any breakout. 

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Disclosure: Long LC, HIMX