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Time to sort through the Fast Money in-box and answer more of your questions.
Eric from Pennsylvania
Eric writes, “I know Karen likes some of the names in biotech. Would she be a buyer of Biogen [BIIB
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] ahead of earnings this week?”
Biogen isn’t really an earnings story at all, replies Karen Finerman. It’s all about whether they’re taken over or not. If they are taken over you make money and if they not, you won’t.
Jason from Arkansas
Jason writes, “Best Buy [BBY
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] was downgraded to a sell today despite their strong results in March. Would anyone be a buyer here?”
Best Buy will be interesting but it isn’t interesting here, replies Guy Adami.
Tweets
Tim Tweets: Is now a good time to start selling Citigroup [C
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]. It’s up another 10%.
I’d sell the stock here, replies Tim Seymour.
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Trader disclosure: On Apr 14th, 2009, 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), (BX), (EEM), (FXI), (F), (PBR), (CSCO), (FDX), (TCK), (SWC); Syemour's Firm Owns (RIG); Terranova Owns (X), (KCE), (AMGN), (DELL), (IBM), (BP), (BRCM), (POT); Terranova Owns (DIS) Calls, (COP) Calls, (HES) Calls, (JPM) & (JPM) Calls, (INTC) & (INTC) Calls, (XOM) & (XOM) Calls; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Finerman's Firm Owns (AXP), (CSCO), (MSFT), (RIG); Finerman's Firm Owns (WFC) Preferred; Finerman's Firm Owns (BIIB) Call Spread; Finerman's Firm Owns (BAC) Preferred; Finerman Owns (BAC) Preferred; Finerman's Firm Is Short (MDY), (SPY), (USO), (BAC), (WFC), (BPO), (ERG); Finerman's Firm Is Short (MDY), (SPY), (USO), (BAC), (WFC), (BPO), (ERG)
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