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Web Extra: Google - Value Trade Or Value Trap

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Investors are asking one another if Google is a value trade or a value trap.

The Internet giant fell below $300 on Wednesday for the first time since 2005. How should you play it?

Also find out about Pete Najarian's latest options action trade.

This content is only available online - you won't find these trades on TV.




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Trader disclosure: On Nov.12, 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 (SDS), (UUP), (WMT), (MSFT); Najarian Owns (AXP) Put Spread; Najarian Owns (CHK) Call Spread; Najarian Owns (PTIE) Calls; Seymour Owns (AAPL), (BAC), (F), (MER); Seygem Assset Management Is Short (RSX); Finerman's Firm Owns (OIH) Puts; Finerman's Firm Owns (MSFT); Finerman's Firm Is Short (USO), (VNO), (IYR), (IJR), (MDY), (SPY), (IWM), (COF), (BBT,), (GNK); GE Is The Parent Company Of CNBC