Stockpickr
'Fast Money' Recap 'Pops and Drops': Jack in the Box Breaks Out
02/20/08 - 07:38 PM EST
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 Wednesday.
Pops
Jack in the Box (JBX - Cramer's Take - Stockpickr) popped 8%. Guy Adami pointed out big short interest in the stock and said there might still be some upside in the name. Chuck E. Cheese's (CEC - Cramer's Take - Stockpickr) rose 25%. Jeff Macke counseled against shorting the restaurants. Transocean (RIG - Cramer's Take - Stockpickr) jumped 7%. Tim Seymour said he liked the story. He believes the company has a lock on the industry. La-Z-Boy (LZB - Cramer's Take - Stockpickr) lifted 5%. Macke advised viewers to sell the stock because business isn't that good. Kaiser Aluminum (KALU - Cramer's Take - Stockpickr) moved up 4%. Karen Finerman proclaimed that there would be more to come in the next year. TJX (TJX - Cramer's Take - Stockpickr) climbed 5%. Macke cautioned against taking either a long or a short position.Drops
Crocs (CROX - Cramer's Take - Stockpickr) fell 15%. Finerman noted that the company didn't miss earnings, but didn't guide higher despite rising inventory levels. China Telecom (CHA - Cramer's Take - Stockpickr) lost 3%. Seymour said sectorwide downgrades hurt the stock. He recommended China Mobile(CHL - Cramer's Take - Stockpickr). 3Com (COMS - Cramer's Take - Stockpickr) dropped 23%. Finerman said she didn't like the outlook for the company. Winn-Dixie (WINN - Cramer's Take - Stockpickr) gained 12%. Adami said there was room on the upside. To view the full "Fast Money" recap, please click here.Jim Cramer answers questions on Ford and GM's preferred shares and more.
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