'Fast Money' Pops and Drops: Poached AIG
TSC Staff
10/01/08 - 06:50 PM EDT
Pops
AIG(AIG Quote) exploded up 18%. Adami said the stock is a lottery ticket.
McDonald's(MCD Quote) added 3%.
Drops
IBM(IBM Quote) fell 6% as investors worried the world's biggest computer service company might miss Wall Street expectations for the current quarter. "Apparently there isn't a pork bill for supercomputers" Macke joked.
Apple Computer(AAPL Quote) dropped 4%. Najarain said he loves the stock but says it doesn't seem to be able to turn.
Ford Motor(F Quote) slipped 13%. Terranova said nobody is walking into showrooms with consumer confidence at its lowest levels.
Boston Scientific(BSX Quote) fell 7%. Najarian explained that it got hit for $700 million in lawsuit over patent issues with
Johnson & Johnson(JNJ Quote).