'Fast Money Pops and Drops': Wachovia Gets Whacked

06/06/08 - 06:18 PM EDT

Mike Taylor

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 Friday.

Pops

Wal-Mart (WMT Quote - Cramer on WMT - Stock Picks) popped 1%. Karen Finerman said a 1% move is a pop this week.

National Semiconductor (NSM Quote - Cramer on NSM - Stock Picks) was up 14%. Guy Adami said the stock can still go higher.

Drops

Wachovia (WB Quote - Cramer on WB - Stock Picks) dropped 15%. Avoid the regionals, said Jeff Macke.

AT&T (T Quote - Cramer on T - Stock Picks) slipped 4%. It's a buy on this dip, said Pete Najarian.

Big Lots (BIG Quote - Cramer on BIG - Stock Picks) went down 2%. Finerman said her fund is short the stock. She pointed out "lots of insider selling."

Boeing (BA Quote - Cramer on BA - Stock Picks) stumbled 12%. Macke said eventually it matters if a company's customers go out of business.

Bank of America (BAC Quote - Cramer on BAC - Stock Picks) lost 10%. Adami made a joke about the company's sponsorship of the Dallas Cowboys.

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T was a on 2008-08-22

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