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Fast Message - We Answer Your Questions

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Time to sort through the Fast Money in-box and answer more of your questions.

Michael

Michael writes, “Do you think Garmin will keep going down? Should I buy puts or sell calls?”

I think puts are a good option, replies Pete Najarian, mostly because it appears the NAVTEQ deal isn’t going well.

I’d be closer to a buyer than seller of Garmin, counters Karen Finerman, but just on valuation.

Ray from New York

Ray writes, “Margin calls on leveraged hedge funds! Does this sound like the banks/lenders have capitulated? Or is this a sign that the whole stock market fad is finally over and pet rocks are set for a comeback?”

I think the banks are close to capitulation, replies Guy Adami.

Those with the best balance sheets should survive, adds Joe Terranova.

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Trader disclosure: On Mar.13, 2008, 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 (AAPL), (BIIB), ( C), (CSCO), (MS), (YHOO), (MSFT); Najarian Owns (FNM) Puts; Najarian Owns (DNA) Calls, (COP) Calls; Finerman Owns (GS); Finerman's Firm And Finerman Own (HD); Finerman's Firm Owns (AAPL), (AEO), (FNM), (MSFT), (TSO), (VLO), (WMT), (YHOO), (SUN); Finerman's Firm Is Short (IJR), (IYR), (MDY), (SPY), (IWM), (COF), (LEH); Gartman Owns (COIN), (PBR), (GLD), (GWR), (SJT), (DE), (NFLX), (CQB), (SDS); Gartman Is Short (GM), (DRYS), (GOOG), (CME), (WFMI), (SWY), (ING); CIBC Gartman Index Owns Gold, The Euro, Sugar; GE Is The Parent Company Of CNBC