Fast Messages – We Answer Your Questions
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Time to sort through the Fast Money in-box and answer more of your questions.
Gary writes, “What do you think the 6 month to 1 year outlook is for Circuit City . I’m looking for a trade with CC but I’m not a real long-term fan of the company.
Expect pain, says Jeff Macke. Of course, you can trade anything with an exit plan but why bother with this stock.
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David writes, “I watched Apple break out to an all-time high Wednesday, but then retreat back below $200. Is it a buy?”
I like it going forward says Pete Najarian. And I think Steve Jobs will report a huge number of iPhone sales in 3 weeks.
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Randy writes, “I have heard the time to move into financials in this market is when they cut dividends. Do you agree with this strategy?”
If Citigroup cuts their dividend, that could be the day to get in, says Guy Adami. But if you want to play the banks buy U.S. Bancorp .
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Nick writes, “I want to get your view on a possible short squeeze rally on MBIA Thursday.”
We covered our MBIA on Wednesday explains Karen Finerman.
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Trader disclosure: On Dec. 26, 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 (YHOO), (ATVI), (DIS); Pete Najarian Owns (C), (MS), (N), (ANR); Pete Najarian Owns (HAL) Options, (MSFT) Options, (TGT) Options, (YHOO) Options; Finerman's Firm Owns (VLO), (WMT), (YHOO), (SUN), (GS), (PLCE), (SKS); Finerman's Firm Is Short (IJR), (MDY), (IWM), (SPY), (SPG), (TCO), (IYR); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Owns (MBI) Puts; Finerman's Firm Owns (MSFT) Options; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns S&P 500 Puts
