They looked like hot stocks. So how are the traders playing Motorola, Google and more now that they’ve been burned.
On December 8th the Pit Boss was certain Motorola was moving in the right direction. “The new Droid has everyone excited,” he said.
Although the company’s products may be improving its stock clearly is not. Since Najarian said to get long shares are lower. What does he have to say about the Motorola trade now?
I'd keep an eye on this stock, Najarian says.
On December 23rd the Chairwoman suggested a $610 stock was cheap. “If earnings at Google continue to grow like I think they'll grow, its still very reasonably valued,” she said,
As it turns out investors don’t want to pay $610 for this stock – at least not since Finerman suggested a long position. Shares are down over the past few weeks. What does she have to say about the Google trade, now?
It's even more of a value now, she says.