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Pops & Drops: Molycorp, Best Buy...

Following are moves you might have missed. Find out why shares of Molycorp and Best Buy popped while Marvell Technology and Corinthian Colleges dropped.

POPS (stocks that jumped higher)

Molycorp (MCP) popped 5%. JP Morgan raised its price target on the stock to $90 from $74 citing rising prices for rare earths in China. - If you're short I'd get out, says Joe Terranova.

BHP Billiton (BHP) popped 2%. Credit Suisse upgraded the stock to ‘Outperform’ from ‘Neutral’. - I think Credit Suisse is late, says Tim Seymour. I'd fade it and buy it back cheaper.

Best Buy (BBY) popped 3%. A positive note from Cleveland Research suggested a possible upside surprise because of a stabilization of sales. - I disagree with Cleveland, says Guy Adami. I'd fade the move.

DROPS (stocks that slid lower)

Marvell Technology (MRVL) dropped 3%. Street chatter suggested RIM was migrating away from the company’s chips. - That's a bad sign, says Stephen Weiss.

Corinthian Colleges (COCO) dropped 9%. Published reports suggested that the company’s growth prospects may be challenged next year. - It's a treacherous space, says Zach Karabell.





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Trader disclosure: On April 11, 2011, 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); Adami owns (C); Adami owns (GS); Adami owns (INTC); Adami owns (MSFT); Adami owns (NUE); Adami owns (BTU); Weiss is short (X); Weiss is short (RTH); Weiss is short (IWM); Weiss owns (VZ); Weiss owns (QCOM); Weiss owns (DVN); Weiss owns (COP); Weiss owns (BTU); Weiss owns (JPM); Weiss owns (MSFT); Terranova owns (JPM); Terranova owns (C); Terranova owns (VRTS); Terranova owns (UPL); Terranova owns (TCK); Terranova owns (BAX); Terranova owns (XOM); Terranova owns (AKAM); Karabell owns (AAPL); Karabell owns (BHP); Karabell owns (BIDU); Karabell is long (GOOG); Karabell owns (GS); Karabell owns (MRVL); Karabell Owns (SINA); Seymour owns (AA); Seymour owns (AAPL); Seymour owns (F); Seymour owns (INTC)

For Tim Seymour:
Seygem Asset Management Is Short (FCX) Weiss Owns (VZ)

For Anthony Scaramucci
SkyBridge Is A Fund Of Funds Manager
Funds Held May Or May Not Own The Recommended Securities

For Mike Khouw
Cantor Fitzgerald is a market maker in (CLX)

For Zach Karabell:
Karabell and River Twice Capital are long (CSCO)
Karabell and River Twice Capital are long (MON)
River Twice Capital is long (AMSC)
River Twice Capital is long (EXPE)
River Twice Capital is short (GS) puts
River Twice Capital is short (QQQQ)
River Twice Capital is short (XLF)
River Twice Capital is short (AA)
Karabell And River Twice Capital Own (MON), (NTES)

For Willie Williams
Societe Genarale Facilitates Transactions In Tradable Currencies

For Dennis Gartman
Funds Managed by Dennis Gartman are long Canadian Dollars
Funds Managed By Dennis Gartman are long crude
Funds Managed by Dennis Gartman are long nat gas
Funds Managed by Dennis Gartman are shot 10 yr canadian bonds
Funds Managed by Dennis Gartman are shorrt 10 yr U.S. treas. Notes
Funds Managed by Dennis GArtman are short euros.

For Joe Terranova
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of (CCG)
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (NCRI)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLF)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of DOMINO'S PIZZA UK & IRL PLC

For Jon Najarian:
I own AA Call Spreads, no positions in DRRX, but moving in post & I am posting about it.
DRRX Primary endpoint was not met in ELADUR Phase II Study for Chronic Low Back Pain- In this study of 263 patients suffering from chronic low back pain, the primary efficacy endpoint

For Brian Sozzi
**No Disclosures

Stephen Weiss SOT from 3/22/11
**No Disclosures

Comcast Is The Parent Company Of CNBC
Comcast Is The Parent Company Of NBCUniversal
GE Owns 49% Of NBCUniversal
GE Owns 49% Of CNBC

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