The headline: Circuit City (CC) Plunges In Extended Trading After Withdrawing 2008 Forecast. Circuit City Cites Slower Flat-Panel Sales Than Expected
The word: Jeff Macke says don’t go near this stock because it’s getting crushed by Best Buy (BBY).
DEUTSCHE BOERSE EXPANDS ITS OPTIONS:
The headline: Deutsche Boerse (DB1) Agrees To Buy Options Market International Securities Exchange (ISE) For $2.8B
The word: Eric Bolling says ISE is up 43% today – Tim Strazzini adds 7 years ago it didn’t even exist. It tells him every exchange around the world could be in play.
THE SHIPPING NEWS:
The headline: Shipping Costs Expected To Drop Over Next 3 Years As China Churns Out Cargo Vessels
The word: Tim Strazzini says Dryships (DRYS) and Quintana Maritime (QMAR) remain strong investments because they’re involved in other parts of the world.
GOODYEAR, BAD STOCK?
The headline: Is the Run in Goodyear (GT) Shares -- Up 59% This Year -- Over?
The word: Guy Adami explains Merrill Lynch downgraded the stock today. However, he still likes the name and tells investors he thinks it's a buy on a 15% - 20% dip.
The headline: RadioShack (RSH) Shares Surge 5% As Quarterly Earnings Top Estimates
The word: Jeff Macke expects to see RSH downgrades soon, but thinks those downgrades will be wrong. Buy it on a pullback, he says.
The headline French Water Stock Veolia Environnment (VE) Hits 52-Week High
The word: Eric Bolling says stay with water stocks.
On APR 27, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Strazzini Owns (NWS-A), (CBS) Bolling Owns (NMX), (SZE), (VE), (XOM),Gold, Silver, (TSO 120 puts -- May), Bolling is short Nasdaq Futures, and is short S&P Futures