American Greetings (AM) popped 7%. The greeting card maker popped after posting a quarterly profit.
Monolithic Power Systems (MPWR) popped 15%. This maker of chips (for flat panel TVs and laptops) surged to an all-time high, after higher PC demand caused analysts to raise their price targets. – Pete Najarian calls it a big day for this stock.
Spin Rage. We're all guilty of having a little road rage when stuck in a traffic jam, but a Wall Street broker took the term to new heights while in a spin class at a New York City gym. A nearby spinner's "grunting" led the broker to pick up the grunter AND his stationary bike, and hurl them at wall. The victim, who happened to be a hedge fund manager, needed surgery to correct the spinal-cord contusion he sustained.
DROPS: (stocks that slid lower)
CKE Restaurants (CKR) dropped 6%. Investors got indigestion from the parent company of Hardee's and Carl's Jr., after the restaurant chain reported a 34% drop in profit. – Karen Finerman recommends YUM or MCD.
Pier One Imports (PIR) dropped 5%. Investors were "exporting" shares of Pier One Imports after the home furnishing retailer's losses exceeded analyst expectations. – Jeff Macke calls this company a strong contender for worst company in the world.
Lowe's (LOW) dropped 3%. The home improvement retailer found itself on shaky foundation, ahead of the company's analyst meeting on Monday. – Karen Finerman reminds the panel she’s long HD.
Infosys (INFY) dropped 5%. The India-based outsourcer fell after competitor ACI Worldwide cut its '07 guidance. – Guy Adami reminds the panel that the rupee is at 9-year high. Who needs to out-source when you can "in-source" he says.
Pacific Ethanol (PEIX) dropped 8%. $83 oil curiously didn’t help ethanol stocks. An analyst downgraded Pacific Ethanol and a host of other ethanol plays on declining prices. – Pete Najarian prefers solar.
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Trader disclosure: On Sept. 20, 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 (ATVI), (EMC); Najarian Owns (AAPL), (VMW), (CREE); Finerman's Firm Owns (BEAS), (LTD), (BWS), (NMX), (NYX), (COP), (KALU); Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm And Finerman Own (HD)