Fast Message - We Answer Your Questions
Time to sort through the Fast Money in-box and answer more of your questions.
Hunain from Texas
Hunain writes, “How is Research In Motionlooking right now? This seems like the perfect time to get in and hold until earnings April 2nd.”
Not bad as an earnings play, replies Pete Najarian. But I think the better trade is Apple for their strategy of getting the iPhone into the business world.
Jim from New Jersey
Jim writes, “What do I do with my Altria? Sell it on the 20th? Keep it through the 28th? How does this spin-off work? If I sell on the 20th, what will I be selling, and what am I entitled to?”
If you’re an owner of record (on Mar. 19th) you will get a share of Altria and a share of PMI which is the company's international business, explains Karen Finerman. I’m hanging onto both, she adds.
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Trader disclosure: On Mar.11, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Pete Najarian Owns (AAPL), (AMAT), (BIIB), (C), (CSCO), (MS), (MSFT), (NOK), (XLF), (YHOO), (CPHD); Pete Najarian Owns (AA) Calls, (COP) Calls; Pete Najarian Owns (FNM) Puts; Finerman Owns (GS); Finerman's Firm Owns (AAPL), (AEO), (FNM), (GE), (JCP), (MO), (MSFT), (TSO), (VLO), (WMT), (YHOO); Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Seymour Owns (CFC), (CSCO), (INTC), (MBI), (MSFT), (S), (TMA), (TSO), (TSM); Seygem Asset Management Owns (VIP); GE Is The Parent Company Of CNBC