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Pops & Drops: Molycorp, Graham Packaging...

Following are moves you might have missed. Find out why shares of Pfizer and Graham Packaging popped while Molycorp and Fairchild Semiconductor dropped.

POPS (stocks that jumped higher)

Graham Packaging (GHM) popped 3%. The company said it received an unsolicited offer of $25 a share in cash, or $1.6 billion beating an April offer from Silgan Holdings. - On a chart the company looks terrible, says Steve Grasso.

Pfizer (PFE) popped 2% - Published reports suggested Viagra would go to court to try and extend its exclusive right to sell Viagra. - Ian Reed is doing a great job restructuring the company, says Joe Terranova.

Timberland (TBL) popped 43%. VF Corp inked a deal to buy Timberland for $2 billion, a 43% premium to Friday’s close.

DROPS (stocks that slid lower)

Molycorp (MCP) dropped 5%. The selling may again be related to a recent announcement that the company is planning to sell 10 million shares of common stock. - I'm out, says Brian Kelly.

Fairchild Semiconductor (FCS) dropped 7%. Baird cut the stock to “neutral” from “outperform” and said it expects a decline in semiconductor orders this quarter. - It feels like the stock is getting cheap but I think it's got more downside, says Guy Adami.

AutoNation (AN) dropped 6%. With shares trading in the upper end of their 52-week range, the move may be profit taking.






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Trader disclosure: On June 13, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Grasso Owns (AKS); Grasso Owns (AMD); Grasso Owns (ASTM); Grasso Owns (BA); Grasso Owns (BAC); Grasso Owns (C); Grasso Owns (D); Grasso Owns (HOV); Grasso Owns (JPM); Grasso Owns (LIT); Grasso Owns (LPX); Grasso Owns (MHY); Grasso Owns (NDAQ); Grasso Owns (PFE); Grasso Owns (PRST); Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Finerman's Firm Is Short (IWM); Finerman's Firm Is Short (MDY); Finerman's Firm Is Short (SPY); Finerman's Firm Is Long S&P 500 Puts; Finerman's Firm Is Long Russell 2000 Puts; Finerman's Firm And Finerman Own (AAPL); Finerman's Firm And Finerman Own (MSFT); Finerman Owns (UNG); Finerman Owns (USO); Finerman's Firm Owns (HPQ), (HPQ) Puts; Finerman's Firm Owns (YUM); Terranova Owns (VRTS); Terranova Owns (IBM); Terranova Owns (AAPL); Terranova Owns (CAT); Terranova Owns (BX); Terranova Owns (HPQ); Terranova Owns (MA); Terranova Owns (PEP); Terranova Owns (MCD); Terranova Owns (TM); Terranova Owns (DAR); Terranova Owns (BJ); Terranova Owns (XOM); Terranova Is Short (DELL); Nathan Owns (LNKD) Put Spreads; Nathan Owns (GOOG) Put Spreads; Nathan Owns (AAPL) Put Spreads; Nathan Owns (BBY) Puts

For Steve Grasso
Stuart Frankel & Its Partners Own (ABX)
Stuart Frankel & Its Partners Own (CSCO)
Stuart Frankel & Its Partners Own (CUBA)
Stuart Frankel & Its Partners Own (FDX)
Stuart Frankel & Its Partners Own (GERN)
Stuart Frankel & Its Partners Own (HPQ)
Stuart Frankel & Its Partners Own (HSPO)
Stuart Frankel & Its Partners Own (MU)
Stuart Frankel & Its Partners Own (MSFT)
Stuart Frankel & Its Partners Own (NYX)
Stuart Frankel & Its Partners Own (PFE)
Stuart Frankel & Its Partners Own (PRST)
Stuart Frankel & Its Partners Own (RDC)
Stuart Frankel & Its Partners Own (SDS)
Stuart Frankel & Its Partners Own (UAL)
Stuart Frankel & Its Partners Own (XRX)
Stuart Frankel & Its Partners Are Short (QQQQ)
Stuart Frankel & Its Partners Are Short (AAPL)

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 (LHO)
Virtus Investment Partners Owns More Than 1% Of (NRCI)
Virtus Investment Partners Owns More Than 1% Of Sun Pharmaceutical Industries Ltd.
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 DOMINO'S PIZZA UK & URL PLC

For Brian Kelly
Accounts Managed By Brian Kelly Capital Are Long U.S. Dollar
Accounts Managed By Brian Kelly Capital Are Long New Zealand Dollar
Accounts Managed By Brian Kelly Capital Are Long (USO) Puts
Accounts Managed By Brian Kelly Capital Are Long (MON)
Accounts Managed By Brian Kelly Capital Are Long (DBA)
Accounts Managed By Brian Kelly Capital Are Long (IWM) Puts
Accounts Managed By Brian Kelly Capital Are Long Hong Kong Dollar
Accounts Managed By Brian Kelly Capital Are Long (MUB) Puts
Accounts Managed By Brian Kelly Capital Are Short Australian Dollar
Accounts Managed By Brian Kelly Capital Are Short Euro
Accounts Managed By Brian Kelly Capital Are Short (JJC)
Accounts Managed By Brian Kelly Capital Own Hong Kong Stock Exchange

For Gina Sanchez
***No Disclosures

For Dennis Gartman
Funds Managed By Dennis Gartman Own Canadian Dollars, Australian Dollars, Swiss Franc
Funds Managed By Dennis Gartman Own Gold
Funds Managed By Dennis Gartman Own Wheat
Funds Managed By Dennis Gartman Own Corn
Funds Managed By Dennis Gartman Own Soybeans
Funds Managed By Dennis Gartman Own Crude Oil
Funds Managed By Dennis Gartman Are Short Yen
Funds Managed By Dennis Gartman Are Short Euro
Funds Managed By Dennis Gartman Are Short British Pound Sterling
Funds Managed By Dennis Gartman Are Short Natural Gas

For Andy McOrmond
***No Disclosures

For Doug Kass
***No Dislcosures

For Amelia Bourdeau
***No Disclosures

Fast Fire SOT: Joe Terranova 5/9/11
***No Disclosures

Comcast Is The Parent Company Of NBCUniversal
Comcast Is The Parent Company Of CNBC
GE Owns 49% Of NBCUniversal
GE Owns 49% CNBC