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Surprise Friday – Who Could It Be?

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Millions of you will visit our surprise guest this week-end. You’ll stay for over two hours on average though some of you will leave laughing while others crying. Who is it?

Cinemark CEO Alan Stock is our surprise guest.

Despite a fairly strong season for movies across the board movie theater stocks aren’t performing terribly well and that leaves this CEO puzzled.

“I’m not sure why the stock is depressed,” says Alan Stock on Fast Money. “It’s probably due to fears about the economy hitting our business but I can tell you our business has never been stronger. In fact the month of June set a record.”

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Even with $4 gasoline people are still going to the movies. “Our business doesn’t seem to be affected by prices at the pump,” he tells the Fast Money traders. ”During the first half of this year movies have done amazingly well. And it's a good sign going forward when June does as well as it did.”




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Trader disclosure: On July 18, 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 (ATVID), (MSFT), (GS), (WMT), (HAS); Pete Najarian Owns (AAPL), (CHK), (TSO), (XLF); Pete Najarian Owns (CSCO) Calls, (MRK) Calls, ; Pete Najarian Owns A (YHOO) Call Spread; Finerman Owns (GS); Finerman's Firm And Finerman Own (PDE); Finerman's Firm Owns (MCC), (MSFT), (SUN), (TSO), (VLO), (MCC); Finerman's Firm And Finerman Own (C), (C) Leap; Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM); Terranova Owns (VLO), (RIMM), (INTC), (YHOO), (GOOG), (CME), (FCX), (BNI), (XLF), (IYT), (SU), (SA); Terranova Is Short September Crude Oil $130 Puts; Terranova Is Short September Crude Oil $130 Calls; Terranova Is Long September Crude Oil $154 Calls

Terranova Is Phoenix Investment Partners' Chief Alternatives Strategist And Co-Manages The Phoneix Diversifier Fund; Phoenix Investment Partners Owns More Than 1% Of (DBV), (RWX), (LNET), (EXR), (SKT), (DLR), (IGE), (ARE), (DBC), (ABD), (OFC), (CLB), (BLV), (CNTY), (FL), (HPC), (PSPT), (ESS), (OIIM), (BIG), (ENG), (PFD), (DRH); Phoenix Diversifier Fund Owns (IGE), (DBC), (DBV), (GOOG)

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