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CNBC Silicon Valley Bureau Chief Jim Goldman joins the panel for this conversation. Following are excerpts.
Goldman feels RIMM has huge momentum. Global Crown Capital has increased its 52-week target to $180 a share he says and RIMM has figured out a way to cross the gap and appeal to the consumer. Goldman adds that the company has received permission go into China which he feels will turbo-charge the share price.
Pete Najarian says he’s excited about RIMM and explains options are pricing in a 15% move (both directions) on Thursday after RIMM reports. Regardless, he thinks the company has more upside.
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Trader disclosure: On Oct 3, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Macke Owns (DIS), (HAS), (INTC); Macke Owned (DIS) And (HAS) On 9/10/07; Najarian Owns (BIDU); Najarian Owns (GS) Options; Finerman Owns (GS); Finerman Is Short (WYNN); Finerman's Firm And Finerman Own (KALU); Finerman's Firm Owns (ASD), (BWS), (NYX),(NMX), (BEAS), (PSS), (NVT); Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts


