'Fast Money' Pops and Drops: Losing True Religion

Sell this stock on its high price, the trading panel says.
By 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

Sprint

(S) - Get Report

popped 20% this week. Pete Najarian said that the WiMax buildout will be a big boon but it might not save Sprint.

Alcoa

(AA) - Get Report

jumped 8%. Guy Adami said he's liked the company for a while. With a buyback and a new CEO, he still likes it.

H&R Block

(HRB) - Get Report

climbed 5%. Najarian said the company was getting some relief from credit problems.

Advanced Micro Devices

(AMD) - Get Report

was up 13%. Adami said oil's not a problem for this company, but he's still not a fan.

True Religion

(TRLG)

soared 16%. Jeff Macke said the stock is a sell here.

Drops

Clear Channel

(CCU) - Get Report

dropped 4%. Macke said it's a quagmire. Avoid it at all costs, he said.

Sotheby's

(BID) - Get Report

fell 13%. Karen Finerman said the company's expenses were "out of line."

The Knot

(KNOT)

slipped 15%. Macke said to short the stock.

Tesoro

(TSO)

tumbled 14%. Finerman said oil prices are high.

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