Suicidal Fish. Scientists are training fish to "catch themselves". They are being conditioned to swim into a net when they hear a tone that indicates it's feeding time. The researchers at the Marine Biological Laboratory at Wood's Hole are hoping to reduce the cost of fish farming by releasing these trained fish into the ocean, where they can eat and grow, and then recapture them using the homing signal.
CONSOL Energy (CNX) popped 3%. Shares continued to rise after Wednesday's announcement that the coal company abandoned plans to buy the portion of CNX Gas Corp it doesn't already own, saying the price was "unreasonable." – I think there’s more upside, says Pete Najarian.
Waters Corp (WAT) popped 5%. The chemical testing products firm was raised to "overweight'' from "neutral'' by JPMorgan.
Dendreon (DNDN) popped 4%. No news on this biotech, but shares were off to the races.
Dr. Pepper. Schweppes said it will offer a free can of Dr. Pepper to everyone in America if former Guns N Roses frontman Axl Rose finally releases his album Chinese Democracy, which has been in the works for 17-years.
DROPS (stocks that slid lower)
Airlines Index (.XAL) dropped 6%. Shares across the sector lost altitude after American Airlines cancelled 200 flights to conduct emergency inspections of the wiring in some of its planes. – If the market is open it’s a good time to sell airlines, says Jeff Macke.
Jabil Circuit (JBL) dropped 18%. The company which provides manufacturing services for Nokia and H-P, sank after hours Tuesday when it missed its profits and sales estimates. – Awful, says Pete Najarian.
Capital One (COF) dropped 3%. An analyst for Keefe, Bruyette & Woods downgraded the credit card sector, citing deteriorating credit quality among consumers. – I expect more downside, says Karen Finerman.
P.F. Chang's China Bistro (PFCB) dropped 9%. Friedman, Billings, Ramsey downgraded the Asian casual dining chain to "Underperform" from "Market Perform," saying shares were too expensive given the current consumer environment. – Get out, says Jeff Macke.
Homebuilder ETF (XHB) dropped 6%. New home sales data was down. – Not so good, says Tim Seymour.
Charlotte Russe (CHIC) dropped 13%. This young women’s retailer forecast a third quarter profit that was below analyst estimates. – Stay away, counsels Karen Finerman.
Ameron (AMN) dropped 26%. Shares of this steel and concrete pipe-maker tumbled after the company missed profit estimates buy 17%.
Freeport McMoRan (FCX) popped 5%. The miner moved on no news.
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Trader disclosure: On Mar.26, 2008, 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 (YHOO), (INTC), (EMC), (ATVI), (DIS); Najarian Owns (AAPL), (CSCO), (EMC), (MS), (MSFT), (NOK), (ORCL), (TSO), (XLF), (YHOO); Najarian Is Short (CAG); Najarian Owns (COP) Calls, (RMBS) Calls; Najarian Owns (MER) Puts; Najarian Owns (BSC) Calls; (CHK) Calls; Najarian Owned (RMBS) Calls On 1/30/08; Finerman Owns (GS); Finerman's Firm And Finerman Own (HD); Finerman's Firm Owns (CLWR), (MO), (MSFT), (SUN), (VLO), (WMT), (YHOO), (TSO), (BCE), (BJS); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM), (COF), (GLD); Finerman's Firm And Finerman Own (KALU); Seymour Owns (AAPL), (CSCO), (INTC), (MER), (MSFT), (S), (TSO), (F), (HAL); Seygem Asset Management Owns Severstal, (TTM)