RECENT POSTS
- Your First Move For Monday November 16th
- Web Extra: Where Will The Next Bull Come From?
- Burned by Yahoo!, Disney and More
- The Latest Picks That Paid – Friday November 13th
- Pops & Drops: Dow Chemical, Macy's...
- Chartology – Can Stocks Break Above 1100?
- Fast Action: Using Options To Play Housing Bottom
- Bold Call Of The Day – Microsoft
FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
Text Size 
 |
EAR TO THE WALL: IBM TAKEOVER?
Cree Inc. [MCD
Loading...
()
](CREE) popped on Tuesday on speculation that the firm is a takeover target. How much truth is there to this market rumor?
According to Cannacord Adams analyst Jonathan Dorsheimer, Cree is often a target of takeover talk and he doesn’t think this one is true. Dorsheimer likes Cree long term, but thinks "the shares are overvalued" at the present moment.
Every 2 or 3 months I hear talk that someone is going to takeover this company, adds Pete Najarian. I also don’t think there’s anything here.
Also we've got your FAST MESSAGES!
Raj from Florida
Raj writes, “What’s going on with Citi puts. Volume was especially high. Is Citi tanking?
No, replies Pete Najarian. These aren’t puts that would scare me because they are so deep in the money puts.
---------------------------------
Marcus from Texas
Marcus writes, “Is there any news on the move in Activision [ATVI
Loading...
()
]today?”
I don’t think there’s a bid coming for it, replies Jeff Macke. But I do think they’re the best in the space.
---------------------------------
Charles from Florida
Charles writes, “What’s with Tesoro [TSO
Loading...
()
] ? Oil’s up it goes down. Oil’s down and it still goes down?”
It’s a tough environment, replies Joe Terranova. Overall I would avoid the refiners.
---------------------------------
Mike from Montana
I know you like Microsoft [MSFT
Loading...
()
] , but what will it take for it to move with the rest of tech?
I still think MSFT is headed for $33 and I like being long, replies Guy Adami.
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send your e-mail to .
Trader disclosure: On June 17, 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 (AGU), (C), (BTU), (NUE), (GS), (INTC), (MSFT); Macke Owns (INTC), (MSFT), (ATVI), (WMT); Najarian Owns (AAPL), (BHI), (CHK), (TSO), (XLF), (MYGN),(ENER); Najarian Owns (MS) Puts, (BAC) Puts; Terranova Owns (LUV), (FXC); Terranova Is Long Dec 2008 Crude Oil; Terranova Is Short Dec 2009 Crude Oil
Terranova is chief alternatives strategist at Phoenix Investment Partners; Phoenix Investment Partners Ltd. Owns (RWX), (DBC), (DBV), (IGE), (AAI), (ALK), (AMR,) (APA), BP plc, British Airways plc, (CHK), (CVX), (COP), (CAL), (DAL), ENI SPA, (XOM), Gazprom, (HA), (HES), (HOC), (HSE), (JBLU), Lukoil, (MRO), (MUR), (OXY), Petrobras Intl Fin, Petro-Canada, (PBR), Petroleos De Venezuela, (QAN), (RJET), Royal Dutch Shell plc A Shares, (SKYW), (LUV,) (SU), (TSO), Texaco Capital, Total SA, (UAUA), (LCC), (VLO)
Data is a real-time snapshot *Data is delayed at least 15 minutes