FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
FULL SHOWSMissed an episode of Fast Money? Watch the lastest show here.
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 
 |
Whether you're swapping a sirloin steak for a sardine sandwich or foie gras for french fries, chances are you're getting clobbered by the downturn.
In fact we all are. And that’s just the kind of trend that Jon Najarian thinks you should trade!
He says the trend is particularly relevant in the restaurant space. In fact he thinks the bearish sentiment that's dragged down many dining stocks may be overdone.
As a result, he's got his eye on casual restaurants that have huge short interest in their stocks. (In other words he's watching stocks that an unusually large number of investors are betting could go down.) If the speculators are wrong, Najarian sees a powder keg to the upside as they're forced to cover.
Najarian explains short covering is the phenomenon that sent Buffalo Wild Wings [BWLD
Loading...
()
] hurtling higher on Thursday. And as a result he's put another restaurant stocks on his radar. “Keep an eye on PF Changs [PFCB
Loading...
()
],” he says. “It’s got a short interest of 31%. It could move to the upside very quickly.
Also he’s also watching Chipotle [CMG
Loading...
()
] as well as Aeropostale [ARO
Loading...
()
] and The Buckle [BKE
Loading...
()
] in the retail space – all because they have a large amount of short interest.
- Halftime Report: New Signs Of Downdraft In Market?
- Your First Move For Wednesday November 25th
- Web Extra: Seymour's M&A Play
- Pops & Drops: American Eagle, Green Mountain Coffee...
- Giving Thanks: Najarian
- Take Your Position: Cyber Monday
- Rick's Turkey: Fed Transparency
- Under The Radar Trades
- Our Best Black Friday Trades
- GDP Drags Stocks Lower
______________________________________________________
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 Feb. 12th, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (CAT) Call Spread, (ENER) Call Spread, (EEM) Call Spread, (GDX) Call Spread, (GLD) Call Spread; Najarian Owns (CHK) Put Spread; Najarian Owns (FCX) & (FCX) Calls; Najarian Owns (GS) Calls; Najarian Owns (MSFT) & (MSFT) Short Calls; Najarian Owns (MS) & (MS) Short Calls; Najarian Owns (MOS) Call Spread; Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Finerman's Firm Owns (DNA) & (DNA) Call Spread; Finerman's Firm Owns (MSFT), (UNH); Finerman's Firm Is Short (IYR), (IJR), (IWM), (MDY), (SPY), (COF), (USO), (BBT); Macke Owns (RIMM), (AAPL), (MS), (TM), (SDS)
J. Najarian Owns (BWLD); J. Najarian Owns (CMG); J. Najarian Owns (ANF) Calls
Data is a real-time snapshot *Data is delayed at least 15 minutes