In a few days the SEC could change the rules governing naked short selling. In Tuesday’s Web Extra, the traders reveal what that means and how to play it.
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Trader disclosure: On Oct 16, 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 (INTC) (SWY), Najarian Owns (DISH), (GOOG); Najarian Is Short (PNC); Finerman Owns (GS), (C); Finerman's Firm And Finerman Own (KFT); Finerman's Firm Owns (LTD), (NMX), (NYX), (VCLK), (JNJ); Finerman's Firm Is Short (WFC); Finerman's Firm Owns S&P 500 Index Puts; Finerman's Firm Owns Russell 2000 Index Puts; Finerman's Firm And Finerman Own (FLS)