Fast Message - We Answer Your Questions
Time to sort through the Fast Money in-box and answer more of your questions.
Stan from Pennsylvania
Stan writes, “I don’t understand the refiners. So what if material costs are going up? There’s a shortage of refining capacity. Why can’t they charge what they need to?
There is some additional capacity that’s available, replies Karen Finerman. And they just can’t raise prices if the demand isn’t there.
Rodney writes, “Will I see Goldman Sachs pop to $250 in the first half of next year?”
I think $250 is wishful thinking, replies Guy Adami. But Goldman could trade at $215.
Andrew writes, “You guys are pretty dead-on but I have been hurt by Crocs . Are they finally on track with international growth?”
Walk away from this one, replies Jeff Macke.
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Trader disclosure: On May 8, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Adami Owns (C), (GS), (INTC), (MSFT), (BTU), (AGU), (NUE); Najarian Owns (AAPL), (ENER), (TSO), (XLF), (BKC); Najarian Owns (AA) Calls, (EK) Calls, (MSFT) Calls, (BID) Calls, (YHOO) Calls, (C) Calls, Najarian Owns (BUD) Calls; Macke Owns (MSFT), (INTC), (ATVI); Finerman Owns (GS); Finerman's Firm And Finerman Owns (C) And (C) Leaps; Finerman's Firm And Finerman Own (HD), (KALU); Finerman's Firm Owns (YHOO) And (YHOO) Call Spreads; Finerman's Firm Owns SPX Index Puts; Finerman's Firm Owns (AEO), (MSFT), (NYX), (PLCE), (TSO), (VLO); Finerman's Firm Is Short (IYR), (MDY), (IWM), (SPY), (IJR)