'Fast Money Pops & Drops': Oh No, Moto
Mike Taylor
03/27/08 - 06:53 PM EDT
Here's what
CNBC's "Fast Money" traders had to say about some of the market's biggest movers on their "Pops and Drops" segment Thursday.
Pops
Solarfun (SOLF Quote - Cramer on SOLF - Stock Picks) popped 17%. Karen Finerman said she's not getting involved in this one.
Drops
Motorola (MOT Quote - Cramer on MOT - Stock Picks) dropped 5%. Finerman said that the stock gave back all of yesterday's gains. She said the split of the company isn't working out.
XM Satellite Radio (XMSR Quote - Cramer on XMSR - Stock Picks) was down 8%. Jeff Macke said that Justice Department approval of the company's merger with
Sirius (SIRI Quote - Cramer on SIRI - Stock Picks) is half the battle. The Federal Communications Commission is less of a laydown than people expected. The merger isn't done yet, he warned.
Research In Motion (RIMM Quote - Cramer on RIMM - Stock Picks) lost 5%. Pete Najarian said they're just playing the range here. "Why not take profits?" he asked.
Perdigao (PDA Quote - Cramer on PDA - Stock Picks) fell 6%. Tim Seymour said that the company cannot pass on higher commodity prices, but still believes the company's an interesting story.
Netflix (NFLX Quote - Cramer on NFLX - Stock Picks) ticked down 4%. Macke said the stock's had a great run. He said he was wrong about the company being dead, or at least he was early.
Robbins & Myers (RBN Quote - Cramer on RBN - Stock Picks) got a 22% haircut. Najarian said that the engineering equipment company is in the right sector at the right time but can't reach estimates. That's a problem, he said.
Taiwan Semiconductor (TSM Quote - Cramer on TSM - Stock Picks) slipped 4%. Seymour said the decline was linked to a drop in Chinese stocks. It's still a good story, he said.