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Pops & Drops: Omnicare, Priceline...

Following are moves you might have missed. Find out why shares of Omnicare and Priceline popped while Salix Pharmaceuticals and Newmont Mining dropped.

POPS (stocks that jumped higher)

Omnicare (OCR) popped 7%. Although the company posted a loss, higher prescription volumes helped the firm generate fourth-quarter net sales of $1.6 billion, a 1 percent increase from the year-ago quarter. - Also, they have a new CEO, adds Karen Finerman.

Priceline (PCLN) popped 8%.The company posted a larger-than-expected quarterly profit and forecast stronger growth in the first quarter. - This is a stock I would not short, says Guy Adami.

Micron (MU) popped 3%. Lazard raised the stock to “Buy” from “Hold” - I think it could go even higher, speculates Brian Kelly.

DROPS (stocks that slid lower)

Salix Pharmaceuticals (SLXP) dropped 23%. Citing a phone call with the FDA, the company said it expects regulators will not approve one of its drugs in its current form, but will instead ask for further tests. - No good, says Joe Terranova.

Newmont Mining (NEM) dropped 8%. The company warned that gold and copper production will fall this year because of problems at mines in Australia and Indonesia. - This stock is down sharply despite gold doing well, muses Tim Seymour.





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Trader disclosure: On Feb 24, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour owns (AAPL); Seymour owns (BAC); Seymour owns (F); Seymour owns (FCX); Seymour owns (GE); Seymour's firm owns (GM); Seymour's firm owns (PBR); Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Adami's wife works for (MRK); Finerman's Firm Is Short (IWM); Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (MDY); Finerman's firm is short (XRT); Finerman's firm is short (IJR); Finerman's Firm Is Long S&P Puts; Finerman's Firm Is Long Russell 2000 Puts; Finerman's Firm And Finerman Own (AAPL); Finerman's firm owns (AVP); Finerman's Firm Owns (BAC) Leap, Finerman Owns (BAC); Finerman's Firm Owns (BBY); Finerman's Firm And Finerman Own (BP); Finerman owns (DECK); Finerman's firm owns (FCX) puts; Finerman Owns (GOOG); Finerman's Firm And Finerman Own (HPQ); Finerman's Firm Owns (IBM); Finerman's Firm Owns (JPM), (JPM) Leap; Finerman Owns (JPM); Finerman's Firm Owns (M); Finerman's Firm And Finerman Own (MSFT); Finerman's Firm Owns (WMT); Terranova Owns (VRTS); Terranova Owns (C); Terranova Owns (UPL); Terranova Owns (ABT); Terranova Owns (MS); Terranova owns (TEVA); Terranova Owns (BAX); Terranova Owns (CVI); Terranova Owns (RSX); Terranova Owns (SU); Terranova Owns (CNQ)


For Joe Terranova
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of (CCG)
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (LPHI)
Virtus Investment Partners Owns More Than 1% Of (NRCI)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLF)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (SUBK)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of (DPUKF)

For Brian Kelly
Accounts Managed By Kanundrum Capital Own (AGO)
Accounts Managed By Kanundrum Capital Own (ATW)
Accounts Managed By Kanundrum Capital Own (EBAY)
Accounts Managed By Kanundrum Capital Own (FRO)
Accounts Managed By Kanundrum Capital Own (MCP)
Accounts Managed By Kanundrum Capital Own (QLGC)
Accounts Managed By Kanundrum Capital Own (RDC)
Accounts Managed By Kanundrum Capital Own (SLV)
Accounts Managed By Kanundrum Capital Own (IAU)
Accounts Managed By Kanundrum Capital Own (TLT)
Accounts Managed By Kanundrum Capital Own T-Bond Futures
Accounts Managed By Kanundrum Capital Are Long the Euro
Accounts Managed By Kanundrum Capital Are Long the British Pound
Accounts Managed By Kanundrum Capital Are Long Corn
Accounts Managed By Kanundrum Capital Are Long Soybeans
Accounts Managed By Kanundrum Capital Are Short the U.S. Dollar
Accounts Managed By Kanundrum Capital Are Short the Australian Dollar
Accounts Managed By Kanundrum Capital Are Short the Yen

For Joe LaVorgna
LaVorgna has no disclosures

Reggie Middleton
Middleton owns (GOOG)

For Amerlia Bourdeau
Bourdeau has no disclosures

Fast Fire SOT
Seymour's firm owned (TTM) on 2/18/2011

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