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Stocks On The Move: Potash, Onyx Pharma

Following are the day’s biggest winners and losers. Find out why shares of Potash (POT)and Onyx Pharmaceuticals (ONXX) popped while Fannie Mae (FNM) and Ford (F) dropped.

POPS (stocks that jumped higher)

Potash (POT) popped 2%. The fertilizer producer has been roaring higher ever since a flood at a fertilizer mine in Russia has threatened worldwide supply. – Tim Seymour likes POT.

Onyx Pharmaceuticals (ONXX) popped 18%. The drug developer swung to a profit in Q3 thanks to better-than-expected sales of its cancer drug Nexavar. – Pete Najarian likes the drug.

DirectTV (DTV) popped 3%. The satellite cable provider popped after new HD-services help them add 400,000 subscribers, and steal market share from competitors. – Guy Adami says DTV looks okay.

TurboChef Technologies (OVEN) popped 9%. The maker of ovens was heating up, after posting a smaller-than-expected loss. – Tim Seymour thinks this stock could be interesting.

Michael Jackson's "Thriller." The top-selling album of all time, with 140 million copies sold worldwide, turns 25 this week.

DROPS: (stocks that slid lower)

Fannie Mae (FNM) dropped 10%. The mortgage financing provider was taken down as New York Attorney General Andrew Cuomo announced he was expanding his investigation of the industry to include Fannie Mae and Freddie Mac. – Karen Finerman says stay away.

Ford (F) dropped 5%. The nation's second-largest automaker fell before earnings Thursday. – Guy Adami recommends buying F on the dip.

Yahoo (YHOO) dropped 8%. The search giant, which owns 39% of Alibaba.com, fell after Alibaba shares sunk 17%. This, only one day after its Hong Kong trading debut in which the shares almost tripled. – Pete Najarian says he’s long and going to stay long and hope it turns around.

Capital One (COF) dropped 16%. The nation's biggest independent credit-card issuer said it expected higher credit card delinquencies in 2008. – Karen Finerman doesn’t feel consumer credit is a good place to be.

Fluor (FLR) dropped 6%. The infrastructure name crumbled after missing estimates. – Guy Adami still likes the name because they have a strong backlog.


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Trader disclosure: On Nov. 7, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (CSCO); Najarian Owns (AMZN) Options, (C) Options, (DISH) Options, (GOOG) Options, (LDK) Options, (YHOO) Options; Finerman's Firm Owns (AEO), (WMT), (TWX), (TSO), (YHOO); Finerman's Firm Is Short (MDY),Short (IWM),Short (IJR), Short (MBI),Short (LEH),Short (MER); Finerman's Firm And Finerman Own (GS); Finerman's Firm Owns Russell 2000 Puts; Seygem Asset Management Owns (EEM), (F), (GFI), (GLD), (HMY), (LDK), (YHOO); Finerman's Firm Is Short (SPY)