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Time to sort through the Fast Money in-box and answer more of your questions.
Roger from Indiana
Roger writes, “I sold Chesapeake [CHK
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] 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
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Mike from New York
Mike writes, “You guys were talking about Dell vs. HP last Friday. How about Sun [JAVA
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]? Why did you guys leave out Sun?
Because it stinks, replies Jeff Macke. HP [HPQ
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] and Dell [DELL
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] are much better companies.
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Jake from California
Jake writes, “Why the continued weakness in Goldman [GS
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]? 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
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