1. Earning is OK
2. Premarket is not a sign of change trend
3. The Blackstone Group L.P (NYSE:BX) acquiring Hyatt Waikiki leasehold
4. Options buyer and sellers will create early volume.
6. BX after a drop in the past few days may give a technical bounce.
7. Unless volume moves up sharply and also the price.
An interesting situation
Fidelity is pleased to announce that we are able to provide eligible customers* (see *Eligibility below) with the possibility of participating in the following public offering:
Name of issuer SeaWorld Entertainment, Inc.
Industry Consumer Non-Cyclicals
Security type Common Stock
Expected size of offering 20,000,000 Shares
Expected price range $24.00 to $27.00
Offering type Initial Public Offering
Distribution by The Issuer and Selling Shareholders
Expected pricing date 04/18/2013
Indication of Interest Period 04/09/13 to 04/17/13 by (4pm EST)
There are no sign if it is change in trend or trading range. It will take a few days to determine the trend or consolidation.