'Fast Money' Pops and Drops: Dell Dinged
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AMLN
A the start of the "Pops and Drops" segment on CNBC's "Fast Money," Melissa Lee noted that Dell Computers (DELL Quote) was down about 10% after-hours to $22.80 since the company reported earnings of 33 cents a share -- analysts had expected 36 cents a share.
Jon Najarian said he feels "Lenovo is eating Dell's lunch."Pops
Amylin Pharmaceuticals (AMLN Quote) rose by 7% to $21.88. Najarian said the stock moved up as a result from an upgrade; he said he feels the stock is a "steal" at $21-$22. Las Vegas Sands (LVS Quote) was up about 8% to $45.85. Joe Terranova suggests investors to avoid playing with companies in the gambling sector. Boeing (BA Quote) rose 3% to $66.34. Guy Adami said investors should avoid buying the stock right now but should wait for some dips. TiVo (TIVO Quote) rose 4% to $8.31. Najarian said to keep an eye on this stock, because if it gets a settlement from DirecTV Group (DTV Quote), "the stock would be worth $3." Zale Corporation (ZALE Quote) surged 21% to $27.92. Finerman said that the stock's sharp movement had to do with the company beating earnings expectations. Western Refining (WNR Quote) rose 5% to $9.22. Terranova said, "I like the story of formulated gas-o-line." In addition, he said he feels it is beginning to stabilize and will turn around soon. Layne Christensen Co. (LAYN Quote) sharply rose by 13% to $54.25. Adami said to avoid chasing the stock and to look at it on dips. Vimpel-Communications (VIP Quote) increased by 5% to $24.19. Since it's a Russian company, Najarian said to "stay away from the company," as investors could suffer from political conflicts.- Loading Comments...
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