Fast Money Pops & Drops
'Fast Money' Pops and Drops: Get Out of the Knot
05/15/08 - 07:02 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
EMC EMC popped 9%. Guy Adami said the company might spin off VMWare and its data-loss prevention business is still doing well. He said he still likes the name. Hewlett-Packard HPQ climbed 2%. Nvidia NVDA added 8%. Jeff Macke said that PC sales have been better than expected. Sotheby's BID jumped 8%. Adami said Sotheby's has had its move. Peabody Energy BTU was up 8%. Pete Najarian said the company was upgraded today. It's just the beginning of the coal story, he said. The Knot KNOT ticked up 7%. Macke told viewers to sell The Knot. Posco PKX tacked on 7%. Adami said the stock is still down 29% since October. He said it might be a good play on reconstruction in China.Drops
Ctrip.com CTRP dropped 9%. Tim Seymour said the company guided lower and the stock is getting beat up. China Digital TV STV slipped 11%. Seymour said the stock is down 80% since its IPO.The trading panel says the company has growth opportunities in China.
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