The guys open up the Fast Money mailbag to answer some of your questions before the holiday.
Do you see Baidu.com (BIDU) going to at least $190? Can it continue to compete with Google China? - Dale
Pete Najarian actually closed up his position in BIDU today as it went to $193. It’s the Google of China and by it’s very nature it’s a volatile stock with a high P/E, he says.
Research in Motion (RIMM) is up 30% in a week. Should I take my money and run? -Howard
RIMM was up $50 in two trading days then down $6.50 today. Anything that gets ahead of itself like that means it might be time to get out, Eric Bolling says. One way to play it is to use the options and buy the calls at $192, he says.
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Trader disclosure: On July 3rd 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders:
Macke Owns (DIS); Najarian Owns (DNDN), (ERIC), (HLT), (JNPR); Bolling Owns (DIS), (T), (XOM), Natural Gas, Corn