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Pete Najarian Spots Unusual Activity in Gold Miner

The miners landed on Pete Najarian’s radar after his heat seeker identified unusual action in this name – Jaguar Mining.

“The March 6 calls are extremely active in Jaguar Mining,” he says. “This is a name I’d keep my eye on."

“Back in November they talked about exploring strategic alternatives then the CEO stepped down in December,” he adds.

Sounds like Najarian thinks strategic alternatives are back on the table.

And he's not the only one. According to published reports, China’s Shangdong Gold Group could be a potential buyer.

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On Dec. 21, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders: Najarian is long AAPL; Najarian is long PFE; Najarian is long MRK; Najarian is long TEVA; Najarian is long C; Najarian is long MSFT; Najarian is long INTC; Najarian is long YHOO; Najarian is long COP; Najarian is long JAG calls; Najarian is long WFC calls; Najarian is long VLO calls; Gartman is long Canadian dollar vs. the euro; Gartman is long stocks in euro terms; Gartman is short euro vs. the dollar; Gartman is short S&P 500 futures

For Frank Zorrilla
Zor Capital is long VPHM

For Colin Gillis
AMAZON: Investment banking (next 3 months): BGC Financial LP and/or its affiliates, expect to receive, or intend to seek, compensation for investment banking services within the next three months from all of the companies referenced within this report.

YAHOO: Investment banking (next 3 months): BGC Financial LP and/or its affiliates, expect to receive, or intend to seek, compensation for investment banking services within the next three months from all of the companies referenced within this report.

RIMM: Investment banking (next 3 months): BGC Financial LP and/or its affiliates, expect to receive, or intend to seek, compensation for investment banking services within the next three months from all of the companies referenced within this report.

For Nishu Sood
DHI: Deutsche Bank (and/or affiliates) own 1% or more of any class of common equity securities of this company. Deutsche Bank and/or its affiliate(s) has received non-investment banking related compensation from this company within the past year.

MDC: Deutsche Bank (and/or affiliates) own 1% or more of any class of common equity securities of this company

RYL: Deutsche Bank and/or its affiliate(s) has received non-investment banking related compensation from this company within the past year. This company has been a client of Deutsche Bank Securities Inc. within the past year, during which time it received non-investment banking securities-related services.

KBH: Deutsche Bank and/or its affiliate(s) has received non-investment banking related compensation from this company within the past year

For Ed Maguire
ORACLE (ORCL): Neither analysts nor their household members/associates may have a financial interest in, or be an officer, director or advisory board member of companies covered by the analyst unless disclosed herein. Unless specified otherwise, CLSA/Credit Agricole Securities (USA)'s did not receive investment banking/non-investment banking income from, and did not manage/comanage public offering for, the listed company during the past 12 months, and it does not expect to receive investment banking relationship from the listed company within the coming three months. Unless mentioned otherwise, CLSA/Credit Agricole Securities (USA) does not own discloseable position, and does not make market, in the securities. The analysts included herein hereby certify that the views

For Laura Martin
I, Laura Martin, CFA, hereby certify that the views expressed in this research report accurately reflect my personal views about the subject company (ies) and its (their) securities. I also certify that I have not been, am not, and will not be receiving direct or indirect compensation in exchange for expressing the specific recommendation(s) in this report.



CNBC.com with wires.

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