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'Fast Money' Pops and Drops: A Parachute Play on Airlines

The trading panel says you can get in on airline stocks for a pop, and then bail out.

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.


Foot Locker

(FL) - Get Foot Locker, Inc. Report

popped 5%. Jeff Macke said the CEO expects improving profitability. Macke expressed skepticism.


(KO) - Get Coca-Cola Company Report

jumped 3%. Tim Seymour said it was a big week for beverage stocks.


Airlines dropped 20%. Jon Najarian said investors can buy the stocks for a quick pop, then get out.

Home Depot

(HD) - Get Home Depot, Inc. Report

lost 8%. Guy Adami said he likes Home Depot on the dip.

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(MCO) - Get Moody's Corporation Report

fell 24%. Macke said the company has to justify its existence. He added that he's not kidding when he says that.

China Mobile

(CHL) - Get China Mobile Ltd. Report

slipped 9%. Seymour said the company is being forced into the fixed-line business, which isn't good for it.

Chesapeake Energy

(CHK) - Get Chesapeake Energy Corporation Report

plummeted 11%. Najarian said the company is diluting the stock.


(JPM) - Get JPMorgan Chase & Co. Report

slumped 9%. Adami said the stock had had a nice run and is retracing now. He said he thinks JPM is interesting.