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Pops & Drops: Cummins, Tesla...

Following are moves you might have missed. Find out why shares of Cummins and Tesla Motors popped Corinthian and Orbitz dropped.

POPS (stocks that jumped higher)

Cummins (CMI) popped 4%. Likely a technical move with the stock trading above both its 50-day and 200-day moving averages. - I like this name a lot, says Karen Finerman.

Tesla Motors (TSLA) popped 13%. According to reports, Panasonic invested $30 million in U.S. electric car maker deepening their existing collaboration in lithium ion batteries. - I'd stay away from this one, says Steve Cortes.

The Limited (LTD) popped 5%. The company raised its earnings forecast and posted stronger than expected same store sales.

DROPS (stocks that slid lower)

Corinthian College (COCO) dropped 12%. UBS downgraded the stock saying “we think a Democratic controlled Senate with an Education Committee chairman who opposes for-profits could prove a challenge for COCO in obtaining needed legislative relief." - I wouldn't touch it, says Brian Kelly.

Big Lots (BIG) dropped 7%. The company’s same store sales data failed to dazzle investors with JPMorgan cutting the stock’s rating to ‘Underweight’. - I'd think about buying some on the dip, says Guy Adami, but it's a trade.

Orbitz (OWW) dropped 18%. American Airlines threatened to walk away from this website after Dec. 1 due to a dispute over how bookings are processed. - I'd stay away, says Brian Stutland. If American pulls out, that's a problem.




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Trader disclosure: On November 4, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Cortes is short (AAPL); Cortes owns (GOOG); Cortes owns (K); Cortes owns (TSN); Cortes owns (CLX); Cortes owns U.S. Treasuries; Cortes owns U.S. Dollars; Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Finerman's Firm Is Short (IJR); Finerman's Firm Is Short (MDY); Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (IWM); Finerman's Firm Is Long Russell 2000 Puts; Finerman's Firm Is Long S&P 500 Puts; Finerman Owns (AAPL); Finerman's Firm And Finerman Own (BAC); Finerman's Firm Owns (CMI); Finerman's Firm Owns (M); Finerman's Firm Owns (MCD); Finerman's Firm Owns (SKS); Finerman's Firm Owns (HAIN); Finerman's Firm Owns (YUM)

For Brian Kelly
Accounts managed by Kanundrum Capital own (TLT)
Accounts managed by Kanundrum Capital own (TIP)
Accounts managed by Kanundrum Capital own (JEF)
Accounts managed by Kanundrum Capital own (TD)
Accounts managed by Kanundrum Capital own (GLD)
Accounts managed by Kanundrum Capital own (GDXJ)
Accounts managed by Kanundrum Capital own (SLV)
Accounts managed by Kanundrum Capital own (CLF)
Accounts managed by Kanundrum Capital own (ANDE)
Accounts managed by Kanundrum Capital own (GPRE)
Accounts managed by Kanundrum Capital own (JJG)
Accounts managed by Kanundrum Capital own (HD)
Accounts managed by Kanundrum Capital own (PCL)
Accounts managed by Kanundrum Capital own (XHB)
Accounts managed by Kanundrum Capital own (FCX)
Accounts managed by Kanundrum Capital own (JO)
Accounts managed by Kanundrum Capital own (EWH)
Accounts managed by Kanundrum Capital own (CLF)
Accounts managed by Kanundrum Capital own Euros
Accounts Managed By Kanundrum Capital Own (POT) Calls
Accounts managed by Kanundrum Capital are short Japanese Yen

For Patty Edwards
Edwards owns (BRK.B) for clients
Edwards owns (FCX) for clients
Edwards owns (GS) for clients
Edwards owns (JWN) for clients
Edwards owns (MCD) for clients
Edwards owns (SBUX) for clients
Edwards owns (WFMI) for clients

For Brian Stutland
Stutland owns (BAC), short calls
Stutland owns (CBOE)
Stutland owns (GS) bonds
Stutland owns (MCD), short calls
Stutland owns (SBUX), short calls


For Paul Ashworth
***No Disclosures***

For Mike Ryan
***No Disclosures***

For Carter Worth|
***No Disclosures***

For Joe Lavorgna
***No Disclosures***

For Whitney Tilson
Funds managed by Tilson own Berkshire Hathaway
Funds managed by Tilson are short (OPEN)