'Fast Money' Pops and Drops: Shorts Score - TheStreet

'Fast Money' Pops and Drops: Shorts Score

The trading panel notes that holders of the UltraShort are smiling.
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Pops

UltraShort Financials ProShares

(SKF) - Get Report

jumped 14% as financial stocks continued to slide lower. Finerman said that if you're in this and not up tremendously, you have no business being involved.

SanDisk

(SNDK)

soared 39% after the flash chip maker received a $5.85 billion takeover offer from

Samsung

. Najarian said, "That's a pop, but SNDK wants $35 a share."

Drops

Exxon Mobil

(XOM) - Get Report

fell 2%. Adami says the stock is a "screaming" buy at $75.

Nortel Networks

(NT)

plunged 50%. Macke joked that maybe the

Fed

will buy them.

Vornado Realty Trust

(VNO) - Get Report

dropped 7%. Finerman explained the drop wasn't surprising because VNO has a lot of exposure to the Manhattan real estate market.

This article was written by a staff member of TheStreet.com.