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Time to sort through the Fast Money in-box and answer more of your questions.
Jesse from California
Jesse writes, “US Bancorp [USB
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] has been taking a beating this week. Is now a buying opportunity or should I stay away?”
Guy Adami replies, “I thought the stock was cheap at $22 and now it’s trading down near $12. They’ve done nothing wrong. They’re just caught up in the tsunami.”
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Roxanne from Minnesota
Roxanne writes, “What should I be looking for as an exit point in the ProShares UltraShort Lehman 20+ Yr ETF [TBT
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]? It’s up 18% since I purchased it but I’m not sure when I should get out?
Karen Finerman replies, “I would be selling at least half here. That’s a great trade in volatile times.
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Mary from Oregon
Mary writes, “President Obama has been given permission to use his BlackBerry [RIMM
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] while in office. What will that do for the stock?
Guy Adami replies, “You're asking me that? I have no idea!”
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- Halftime Report: Is Oil Heading To $96?
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Trader disclosure: On Jan. 22nd, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (AAPL), (BAC), (EEM), (F), (FXI); Macke Owns (MCD), (BAC), (C), (TM), (SDS); Adami Owns (AGU), (C), (BTU), (GS), (INTC), (MSFT), (NUE); Finerman's Firm Owns (MSFT), (UNH), (AET); Finerman's Firm Owns (DNA) & (DNA) Call Spread; Finerman's Firm Is Short (IYR), (IJR), (IWM), (MDY), (SPY), (USO), (ANF)
Data is a real-time snapshot *Data is delayed at least 15 minutes