Fast Message - We Answer Your Questions
Time to sort through the Fast Money in-box and answer more of your questions.
Roger from Indiana
Roger writes, “I sold Chesapeake around $67. The traders say buy the dips and sell the rips but recently I’ve only been getting ripped. Did the interview with Chesapeake’s CEO give you a reason to become bullish”
We learned he’s a phenomenal hedger, replies Pete Najarian. He’s got 2009 100% hedged. I think the stock is fairly priced to cheap.
> See Fast Money's interview with Chesapeake Energy CEO Aubrey McClendon
Mike from New York
Mike writes, “You guys were talking about Dell vs. HP last Friday. How about Sun ? Why did you guys leave out Sun?
Because it stinks, replies Jeff Macke. HP and Dell are much better companies.
Jake from California
Jake writes, “Why the continued weakness in Goldman ? Could it have anything to do with their commodities desk?
That was the speculation, replies Karen Finerman. But we don’t know that yet. It’s only conjecture.
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Trader disclosure: On Aug 18, 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), (GS), (INTC), (MSFT), (NUE), (BTU); Najarian Owns (AAPL) And Is Short (AAPL) Calls; Najarian Owns (CSCO) Call Spread, (SNDK) Call Spread, (ZMH) Call Spread; Macke Owns (MSFT), (UUP), (WMT), (COST), (DIS), (ATVID); Finerman Owns (GS); Finerman's Firm And Finerman Own (GLNG); Finerman's Firm And Finerman Own (C) Leaps; Finerman's Firm Owns (MSFT), (SUN), (TSO), (VLO), (VCLK); Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM), (SPY), (BBT), (COF): NBC Universal Is The Parent Company Of CNBC