tv Fast Money CNBC August 7, 2013 5:00pm-6:01pm EDT
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tesla up almost 13 percent. green mountain is down but mond lay up two percent. that will do it for the "closing bel bell". thanks for being with me. i hope you'll follow me on twitter and google plus. "fast money" begins right now. live from the nasdaq market site in new york city's times square, i'm melissa lee. our traders tonight are tim seymour, dan nathan, joshua brown and guy adami. let's get to our top story today. taking stock of twitter. it's the company taking media and wall street by storm 140 characters at a time. the hottest stocks on twitter and we'll look at how it's changing the landscape and whether the company could be a good investment for you. we have three of the top ranked twitterers on the show tonight.
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josh brown number one best tweet, tim also on that list as well as howard lindzan. josh, let's kick it off with you. how has twitter changed what we do. >> i'm actually switching back to chat roulette. let me say this quickly but i think it's really important. three years ago i started doing these conferences to institutional investors talking about twitter and trading and investing and it was ridiculed. why would i want to do that. then it was curiosity and now it's like, you know how can i get on. without a doubt, it's not going away. it's not a fad. you're starting to see the institutional shops start to incorporate it into their process whether for idea generation or the way i use it which is for sentiment gauging. it's the best tool out there. >> once companies start disseminating information on twitter and the way that josh
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does and a lot of people out there as advisers and certainly there are times i am doing that then i think it will be more adopted. the way i invest it's not by the seat of the pants. twitter news to me is not something i can trade on immediately. it's very good for sentiment. ultimately if i'm judging an fundamental -- first of all the noise out in the twitter sphere, it can be confusing and throw you just as much in the wrong direction as the right direction. i don't think if i'm out there trying to raise money from institutions as a fund manager and i tell them that twitter is my go to source for information i'm going to get a lot of money. >> you should not do that. >> you should not do it. but i do think what is important is the sentiment thing. this is one of the things we think back to the late 90s and the internet stock boom and yahoo! stock and message boards and what happens to some degree, you almost wanted some more
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stylized sort of industry things. so for us who are looking at twitter, there is so much information coming on and so, to me, i think ultimately i think that twitter is going to be broken down into industries because people like us there is just too much noise out there and so to me i like using it as a stylized ticker but i think that's a lot of noise. >> a lot of people have said this, i'm not the first. it's actually the new tape. it's a graet source of information. i don't think you can follow 5,000 people and have twitter something that's usable but if you are selective in the amount of people or the groups that you follow it's tremendous. it's a great way to find trading ideas. >> you control it by virtue of whom you choose to follow and whom you choose to tune out. i understand people saying it's just a fire hose of noise. you have more control of this medium than you do of any other and you have control of who speaks to you and who you don't listen to. >> i also think that people that are putting news out via twitter
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feel like that is correct breeyy faster. if i have a big following it's where people are trying to send some of their best information if they're in that business. that includes advisers and people with blogs. they say i'm the guy with this news. i'm breaking the story and i'm out there on twitter. >> that's important. when you go to google to search for something you're not getting real time information. it had to be posted somewhere else. twitter is the best source on the planet for a real time search. this is going to lead us to a conversation about facebook later on the show. i think twitter is missing from the facebook ecosystem. you will go to twitter and put a search topic in -- >> the reason why facebook is going the way the doe doe bird and twitter is going to be the media world. >> this is a twitter centric show tonight so we're going to take a lot of your tweets and share them through the show as they come real time. let's look at this tweet on the
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broader markets. dan asks is it alarming that the u.s. is the only region without a ten percent correction in almost two years. why are we so high and is it time to fall? >> the move we saw into june down to 1560. his point, it's concerning but we've seen corrections along the way throughout this move. i don't think the move up has pair bolic in the s&p but i think dan will speak to this, we're getting towards levels where things will get interesting quick. i think there is a chance for 1725 but i think we're at levels where you might considering taking money off the table. >> the truth from where i'm sitting is that it's the most crowded trade on the planet. everybody has wanted to be of late in dollar denominated things. we've taken systemic risks off the table. we have had pockets of issues in europe and we know we have them in emerging markets. we've seen a lot of money from all over the planet come into
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the u.s. stock market and now it's a bond rotation. >> i would go further to say -- this is what i do all day long but if you look at the em index against the s&p over this period we're at lows we haven't seen since 2009. in other words, way oversold. the u.s. wallet -- a justifiable trade has yefr done. there is a lot of value around the world that people are missing. >> i also want to talk about this paf laf yan response that's been engendered over the years. we went through to period where every headline out of europe was a reason to sell and now we've been reconditioned to buy the dip. that runs its course. we had a six percent selloff to guy's point from may 22 through the third week in june and everyone said finally i have a chance to get into x, y or z and that's why we have not seen a lasting correction. now when it comes it's going to shock a lot of people who have
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bought blindly every dip. i don't think that anyone can tell you if and when that will happen or what news would be the approximate cause of it. that's why you're seeing the reaction you are now. >> paf loef yan response? >> he raises the bar. >> i try to keep it hood. >> keep it what? >> keep it real. >> let's get back to how you can use twitter. our next guest is at the forefront of the twitter world right now. let's bring in howard lindzan. howard, great to see you. >> thanks for having me. josh, you can't hide. you're from new jersey. >> long island, howard. >> same thing. >> new jersey of the east. >> it's like yahoo! it's somewhere around there. >> howard, let's talk about how you use twitter, how one can use it for ideas because there is a lot of noise out there.
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>> well, the world is full of noise. that's never going to go away. the idea of stock twits and the web today is about curation. curation is back in vogue. voices are back in vogue. twitter started something, linked in is accelerating this as well but the people web. what guy or gee or whatever the guy next to you is called is correct. we are living in the world of tape. wall street hates this. when jpmorgan had it sitting on his desk he was in control of the flow. the idea was that tape going across the bottom of the stream is dumb. it's old. it's machines trading. now we're back to the people web and everybody can create their own ticker whether it's stock twits or twitter or whatever their passion is they can create their own twiker which matches the stock they want to follow, alerts they want to know and the
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people talking about those things. you're in a brand knew world. it's a much leveller playing field but nobody wants to talk about the key issue. >> isn't that the problem though, howard. it's such a level playing field there is no barriers for filtering out this noise. it's exciting and it's difficult to sort through. if you ask a lot of guys if they're trading on this it's a problem. >> i asked a lot of guys and i would disagree with you. it's a great thing. what's wrong with level playing fields, overinformation, tools to cure eight. listen, this stuff is free. as we've learned there is no such thing as a free lunch. facebook is serving us ads. our data is getting sold. that's the tradeoff for free. our pictures eventually are going to be sold back to us. i don't know when or how but that will come. >> i want to get to the issue of you see top trending tickers. today green mountain, solar city, tesla, groupon, they are
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among the top stocks tweeted today. how do you use that information? what does that yield you? >> great question. let's not just talk about the professionals on "fast money" but the regular people who want to check in from their mobile phone. it gives you the ability to show you what is happening right now. they will increase stress for some people and reduce for other people. i was around a hedge fund for years. i want to see what's going on whether i pull my phone out of my pocket. for me it's soothing. i want to travel and enjoy the social web and investments. i don't want to be chained to my desk. that's undundling of data that puts it in your pocket. itunes did it with music. bloomberg, reuters doesn't like this, dow jones industrial average doesn't like it but it's coming. >> i want to know, howard, though, how knowing what the top
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tweeted stocks are will help me as a trader? does that mean these are more volatile or longer term they move this percent? what is it that i'm looking for here? >> i'm looking -- it's my calendar, right? i'm look at that stream personally and know what earnings are coming out that day. if i see tesla and solar city i know there is stuff going on and i can quickly dive in and cure yat with those people and who stocks are of interest. there is no perfect solution. obviously that would be the goal of services like this is to get you where it serves you ideas immediately around the tickers that matter to you but right now we're at the early stages of this and right now trending means what people are talking about. >> howard, it's josh. i want to go back to something that you said, in the early days when you and i found each other in 09 in our core nucleus of people talking about stocks, now corporations are in the mix,
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professionals are in the mix which is great but how does that translate because now it seems like it's noise yer than ever with so many people voicing an opinion. >> of course. again, this is not free. it's free in the sense that you can download the app. where it's not free is you have to invest your time. you can't just have a block berg and have it work. you can't download twitter and stock twits and magic happens. the more you put in, the more you get out. there is no simple solution. you have to use these tools, understand the tools, have the same buyer beware mentality. as guy said this is a new tape. this is a tape that people like me want to carry around in their pocket to be dialed into what is happening in the market. we've invested thousands of hours as traders and investors learning the market. we're in a mentorship where we can give this information to other people. i have a quarter million
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followers. every time i'm at a message i'm at risk of losing them by saying something dumb. the more i invest the more likely it is that it won't do anything to cheat those people because i risk losing them. there is an inherit leverage that gets built as you've done, josh and melissa is doing on twitter and soon will be on stock twits is building this reputation that you don't want to risk having gone. so we're at this whole new reputation layer as well. >> i want to get to your holdings because you do use twitter to generate ideas and confirm ideas. your holdings include yelp, google, semantics. which ones of these are you getting the most twitter information on at this point? >> in terms of twitter information, again i don't do my research on twitter. i do my research on many old
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strategies and obviously stock twits but i see what is happening, right. news breaks on twitter. no matter how many journalists bloomberg deploys twitter is going to win the contest. for me i don't need twitter to tell me to own schwab but i do like to use it to talk about schwab or people other people that have that interest. again, i'm not getting my ideas from these places but i'm using them -- >> it sounds like you're talking about stocks you own out there so people actually start talking about it. that doesn't sound real to me. >> it's real to me. i don't know. >> i'm sure it is. >> howard -- >> that's what makes markets. >> we are going to leave it there. pleasure speaking with you. interesting comment there. let's get to tesla. we're seeing a big move in the after hour session beating on both the top and the bottom line. let's get the analysts take.
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joining us on the fast line is ben cal low. good to have you with us. >> thanks for having me. >> have they said anything yet about goals for gross margins because that's going to be key here? >> we saw a great improvement. 8 percent improvement without any regulatory credits and still targeting 25 percent with the hopes of gaining higher than that next year. >> right now you've got -- what is your price target now? >> 118 but this thing has gone straight up so i'm adjusting as fast as i can. it takes a process there. >> i'm looking at these numbers. do i have this correct? this is an earnings per share gain of 20 cents versus a projected loss of 20 cents and if so, how many more times can they really do that before analysts catch up and then possibly get ahead of what seems to be incredible momentum? >> there is some counting related to the leasing mechanism
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that elan introduced. if we do apples to apples, they did a five cent gain versus the street loss of 19 cents. when you strip out the leasing effect that's where you get to 20 cents you have. >> ben, we have to go to the twitter here for the next question here. brad asks, ben your thoughts on the future hybrid competitors like the cadillac and their impact on model s sales. is that a big impact in your view, ben? >> i don't think so. i think tesla has built a brand and that brand has a loyal following and that loyal following is spreading like wildfire. >> we're going to leave it there. thanks for joining us. before we head to break let's check on some of the after hours movers. fusion io plunging and solar city also down after hours. the company reported a loss of 43 cents a share. after the break we are asking one former twitter player, doug kas, what he thinks about july highs for the market.
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plus, does cast think the twitter sphere is more noise than knowledge and will he get back on? as we head to break look at a few well known billionaires who now tweet. back in two. e precision handling of the lexus performance vehicles, including the gs and all-new is. ♪ this is the pursuit of perfection. ♪ (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. otherworldly things. but there are some things i've never seen before.
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>> welcome back to "fast money." i'm josh lipton. green mountain reports are now falling hard here in the after hours. the numbers, eps of 82 cents. that was a beat but revenue of 967 mlgds. that comes up short. analysts want to see 989.1. blame canada. said total growth was low primarily because of a sales decline in canada. single serve packs up 18 percent. brewers and act scessorieaccess >> we want to go to the victor of last night's street fight. tim seymour because we did green mountain and the bear won. >> as one of the understanders of this stock, the point is at 25 next year's earnings into this numbers you did not want to be long if they missed. they didn't miss. they beat on the bottom line but
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missed on the top line. the problem is that the brewers and essentially the systems are not selling as much and the k packs which were at least outstripping that growth and that dye investigator ens was a positive thing. this is where they are going to be doing more sales. they weren't living up to their sales and stay away until the stock finds a base. it's very expensive. >> if i had had these numbers ahead of time i would have said the stock could have rallied on this quarter. operating margins better, the revenues were a tad light but i could have made an argument that given the other things and given the short interest the stock could rally. >> you're saying you're wrong twice. >> i'm being honest. >> next trade, one of wall street's most vocal hedge fund managers recently jumped off twitter. we're on the fast line to discuss this and the view of the markets. doug, good to speak with you.
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>> hey, mel. i'm fond of howard. i have known him longer than downtown has known him but to ask howard whether he feels that twitter is value added, considering the fact that he owns stock twits is like asking elan musk if he prefers a tesla over the porsche or asking josh brown if he prefers jones beach to the jersey shore, even asking guy whether he prefers pasta to a lovely fillet. >> those are great meta fors. >> twitter has some value to the day trader, has little or no value to the real long term investor. i went off because i felt that the digital feed of twitter empowers a number of mean, weak, angry, misinformed people who hide under the shroud of anonymity. to me life is too short to be a
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punching bag for small people with large egos. >> tim makes a good point, why not block these people so you can enjoy what twitter brings is which you information and maybe insights from other people who aren't mean and bullying. >> haters are capable of unblocking themselves. i've learned that these haters are flawed and sometimes very flawed and often have an alter yor motive. >> let's get back to business, doug. what are your views of the markets right now? are you cautious? are you net short? >> i start with the caveat that the last six weeks has not been fun for the crowd and this is a fraternity i am unfortunately a member of. once again it's been the case that throughout the market that
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the bullish crowd has outsmartd the bears. i'm hopeful that july marked the process of making a near term toond maybe something more significant. >> are you short? are you net short right now? >> i'm net short. i'm concerned about china. we're seeing credit growth rate relative to the gdp growth. it's too rapid. the country's leadership is committed to slowing credit. it raises the risk of a banking crises. the strategy as tim knows better than i is probably going to result in five percent subgdp growth. if, in fact, that's the case, the impact on potential systemic financial risk in china's banking city is there. global economic growth will be impacted and so will the pricing of risk assets.
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i had a good piece in fortune.com today on the issue of japan, china and asia. you know, i'm basically in disagreement with a bunch of stuff that josh said last night with regard to tapering. i think it's profoundly negative. >> doug, let me just button this up here. will you ever consider getting back on twitter? >> no, i won't. >> absolutely not? >> no. i think that twitter can be very hateful. there is far too much noise. ultimately it will mofr into more of a niche product. to me it brings out the worst in people for now and it gives them license to tweet things they would never say in real life. >> doug, can i buy your handle @doug cass. >> sold to you. >> that was an easy deal. do i get a commission? we actually have a unique
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opportunity for somebody to ask you a question. please give us your current outlook for asps. what is it? >> that's a stock that a began discussing on fast, in barrons and on the street in real money pro in 2010. the shares were trading at $12. they're currently about $123 but you add in two spinoffs of residential and management and the stock is trading in excess of $165. they reported blowout earnings this week. cash earnings were almost $1.60. it's going to lead to substantial increase in earnings. i suspect the company earns $6 a share and close to $10, maybe more, considering that aquin is
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revenue slipped 1.1% to $350.3 million. that was a miss. also linda language, chairman and chief executive since 2005 is retiring at the beginning of next year. mondelez a different story. 37 cents versus 34 that analysts thought we would see. revenue a bit light at 8.86 billion dollars but the company saying it's authorized to buy back up to 6 billion of its stock. >> josh, thank you very much. guy, jack in the box, one of the stocks that you watch. >> it's been a monster, made an all-time high i think last week. i can see why people would take profits into this although the selloff is not that precipitous in nature. if you take profits in this name
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that's fine although i think if it trades 37 or 38, you got to buy it again. >> extra chicken, no beans. >> they're not opening less, they're closing -- >> if you stab me, do i not bleed. >> today's top trades focusing on hot stocks mentioned in your tweets. scott koeger says do you think first solar should have clobbered the stocks that are doing better? >> look, first solar was down 46% on sales. ge ended out on a deal that would have given people a belief that this industry has more demand on it. i would listen to ge. china's issue is there is way too much supply, not enough demand. europe has cut back the sib sid yaers to use solar.
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after a nice run, they have had a very big run off the bottom, pulled back in the last couple of days. wait for your spot here. solar is not going anywhere but the numbers by first solar did take people down. >> news that a deal could be close for amgen to acquire onyx form suit kals. do i buy or sell? >> when that news came out it was unconfirmed. they said amgen may have a deal for them. onyx sold out. that speaks to not buying here. >> this one is for guy. >> go. >> west port farmer would thoughts on cbi. >> chicago bridge and iron, a name we've talked about forever. the quarter that just reported was very good. people were concerned about margins which were not as good as the same quarter last year. the stock had trouble at 64,
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tried it again, failed. feels like it's got to hold 58. the valuation is a little rich. >> finally, lulu lemon, should i wait for a pull back, josh? >> i own the stock. i wear the clothes -- >> whoa. >> that's way too much information. >> that's a tough visual. >> go on. >> quickly, so you really have to look at the long term chart. basically they're consolidating a massive gain going back to march of 2012, it's been stuck in this range. every time they miss the stock comes back because the growth continues. they have barely scratched the surface overseas. i think you would be long the name if you are a growth investor and can tolerate volatility. >> is that like a un tarred? >> spandex? >> too much. >> it's like a sausage. >> after the break mark mahaney
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weighs in on everything from argue upon to twitter. plus the tesla conference call officially out of the way and we'll have the latest fresh from that call. teed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. [ male announcer ] it's time.
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welcome back to fast. we are live at the nasdaq market site in new york city's times square. groupon, quite a move in the after hours session. stronger than expected earnings. let's bring in mark mahaney. we're looking at an 18 percent pop in the after hours session. what didn't you gauge? does this change your view of the stock and your price target? >> we'll have to work through that. clearly a couple of surprises here. the u.s. business is accelerating. they gave you a break out of their international business and showed you how much they're making in europe. it begs the question whether they can move some losses. they announced a share back back authorization and they have got
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a ceo. there is a lot of good news in that. the stock should be up. >> he's been in charge of the day-to-day basis since the ceo left. was that a surprise or is this good news in your view? >> this person has been with the company since the beginning. he was on the board. he decided to step down in a way and become ceo. he obviously is seeing something that makes him confident as putting his name as the ceo. it's positive news. >> tomorrow what do you do? >> we'll have to figure it out tonight. >> the third quarter guidance wasn't great. revenue guidance wasn't great. there's not a huge support interest in this name. it doesn't make sense that the stock is up as much -- to me. not that i'm looking to pile onto groupon but at a certain point the thing is a flat out sell. >> we know who the winners are in goods. that's amazon. we know the winner in travel,
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probably expedia. in the local business, the deals business and as they get away from e-mail, towards a marketplace business that's upside for that part of the business. i'm giving you a -- >> wishy washy. >> 50 percent of the sales came from mobile, up 30 percent from a year ago. you think, boy, this is going to the moon, this is exactly what they needed, this is the evolution going on throughout the entire sector. can it go higher and is this the reason people are as juiced up. >> the biggest trend is mobile. the companies that get it right, the zillows of the world, this company pandora is a name i really like, those companies, the stocks and the fundamentals have worked really well. almost all of the e commerce companies don't have a problem. this is a good play off of mobile so far. >> we want to go to twitter to get the next question.
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what would it take for mark mahaney to raise his target on facebook. >> we have a $40 price point. is that not enough? >> when did you have that target? >> we upgraded the stock at 20. we've moved up since then. look, you've got two or three new things to watch out for. this company is now introducing video ads in the back half of this year. that's a new revenue stream. you've got more international expansion. i'm missing one. this sometimes happen when you do a lot of stocks. you've got this company with a mobile ramp. it's 40% of the revenue going to 50%. the one od advantage they have, facebook never did a good job with desktop so mobile was never that much of a challenge to them. that kind of growth that you are seeing, 50% growth probably continues. >> the cfo said it on the call, he said we're going to run up
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against difficult comps in the next few quarters. so me it's interesting. the stock is working around 38, there's a lot of overhang. it had massive run. it just gained $30 billion dollars in market cap. don't you want to use that increased market cap and go buy twitter, right? >> dan, thanks for reminding me. instagram. that's the unmonetized asset. there are two on the internet today, google maps and instagram. they're monetize that the way they're doing it. it's open, free money. i'll stick with our $40 price target. it's a small buy. there are more interesting stocks in the space. price line is one. netflix, amazon. nonetheless, there is open field running opportunity for a name like facebook when you have had an inflection point and half the market has caught onto this. you know there are a lot of people that aren't going to
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touch the stock because they got burned by the ipo. if the stock is higher, i bet they will. >> thanks for stopping buy. let's get the options action on facebook. heavy call volume. >> mahaney talked about the $40 price target. some options traders think it can get north of $40 here. we saw a lot of activity on the september 38 calls and were bought throughout the day, the biggest trade about 1400 and they paid $2.38. they're expecting facebook to trade north or trade higher immediately. some of these options prices are a little expensive for my liking. i'd like to see more fear come out of this stock here, especially for stock trading at highs. i hedged myself. i started selling and hedging. i'd like to see a pull back. option makers say this stock is north of $40. >> twitter's end game.
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we're talking where are the current valuations being thrown around. we're keeping an eye on shares of tesla after its blowout quarter. much more from the call right after this break. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ little things anyone can do. it steals your memories. your independence. ensures support, a breakthrough. and sooner than you'd like. sooner than you'd think. you die from alzheimer's disease.
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jack dorsi held the first brain storming session about his idea in a san francisco playground. that was seven years ago. today twitter plays a role in sophisticated political campaigns, even vatican pronouncements. we spoke with him about the culture inside. >> reporter: even as it matures into a considers media company, twitter has kept its youthful energy and cheeky sense of humor. >> a lot of people around america may watch this and say that's not like my office. >> not everyone has one of these? >> no. >> life sized tomb raider statues. >> this is twitter's ceo. he works long days and hits the company gym whenever he can.
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in social media, it's survival of the fittest. >> the average age of the company is probably 25 years old. i'd fall over in 4:00 if i wasn't in shape to keep up with everyone. >> reporter: twitter's rise in just seven years has been swift and strong. >> i tweeted! >> reporter: attracting more than 200 million active users in the world. >> that can documentary, the twitter revolution premiere tonight on cnbc. saw a screening of it yesterday, fantastic work, probably one of the finest docks that we've produced. for more, let's bring in dan primac. he joins us on the fast line. good to see you. >> good evening. >> what are the lowest and the highest estimates in terms of valuations for this things? >> right now it's obviously a
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private company valuation. they control their stock pretty hard but we're really talking about a hair under $10 billion. that's where it's mostly been trading, limited stock sales. there is something called gsv which is like an etf for these companies. its most recent valuation put it at $9.8 billion. >> dan, how is this ipo going to differ in terms of who is going to be allowed to get involved in it? do you think they're going to go the democrat route that facebook and others did in the past or are they going to want to be more traditional? >> they're make sure the computer systems -- >> that's a good start. >> my guess is they might go that facebook groupon -- not groupon, google route. i could see them doing that although i don't think those decisions have been made yet. i've read people suggest that this could be a 2013 ipo.
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i don't see it. i kind of take dick at his word when he said they're not really that far down the road. >> getting back to the monization, we're now seeing neilson making a twitter reference ratings guide ultimately the linkage between tweeting and tv audience viewing has been made. it's exciting if you are twitter. it's saying advertisers may be buy passing mobile. >> when people decide to buy into the ipo that's what they're buying. thinking about what you said about the tie in to tv, twitter doesn't have to tiz to get users. television shows are advertising for twitter plus paying twitter for various promotions. it's a remarkable thing and something that even a company like google never got from a big established media like television. >> john asks whether a twitter ipo have a major influence on
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facebook's price action? what do you think? >> i don't believe so necessarily. they're really competitors to be honest. facebook continues to try to -- can't beat twitter join them. i don't think it will have an impact although i would suggest that facebook's valuation could have an impact on twitter's in terms of how they're valuing. >> great to speak with you. we are trading the biggest trades and looking ahead. much more "fast money." a twitter identifyic show coming up next. and the better i am at , the more i enjoy them. tdd#: 1-800-345-2550 so i'm always looking to take them up a notch or two. tdd#: 1-800-345-2550 and schwab really helps me step up my trading. tdd#: 1-800-345-2550 they've now put their most powerful platform, tdd#: 1-800-345-2550 streetsmart edge, in the cloud. tdd#: 1-800-345-2550 so i can use it on the web, where i trade from tdd#: 1-800-345-2550 most of the time. tdd#: 1-800-345-2550 which means i get schwab's most advanced tools tdd#: 1-800-345-2550 on whatever computer i'm on. tdd#: 1-800-345-2550 it's really taken my trading to the next level. tdd#: 1-800-345-2550
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time to hit our brand new executive edge segment for this evening, a rapid fire breakout of the best moments. take a listen. >> lowered about $20 billion every other meeting and that gets them to stop the qe by the middle of next year what was sort of what bernanke said. >> i'm seeing across the tape as we seek that you are making an acquisition this morning. >> today we are announcing a
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deal with adapt tv which will make us the number two video player in the marketplace and essential double aols space. >> president obama has cancelled his one on one meeting with putin. the ap citing retribution over russia's decision to grant edward snowden asylum. >> i think we're executing really well against the strategy of becoming a mobile company and really investing in our mobile advertising products. you're seeing the results really come from that execution. >> tesla is on the move here, six percent higher, josh, what can you tell us? >> maria, just reported and moving sharply here in the after hours. getting the numbers. epx, 20 cents. analysts were thinking you were going to see a loss here of 17 cents. on the top also a beat, 405
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million dollar. the street thought you would see 383 million. that stock up more than 70 percent, up more than 300 percent year-to-date. >> obama, putin, tim, is this a big deal? >> yes. probably bigger for russia. obama had to do it. >> let's look ahead to tomorrow. price line on the dock ket? >> options is looking for a six percent move. it's one and a half percent from all-time highs. the stock was down 27.5 percent. you want to be careful here. you do not establish new positions right here. >> first move tomorrow when we come right back. stay tuned. oh, he's a fighter alright. since aflac is helping with his expenses while he can't work, he can focus on his recovery. he doesn't have to worry so much about his mortgage,
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>> guy? >> we said back in june that oracle withhold. it did. it's bouncing now. it looks like it wants to take a shot to the upside. >> i'm melissa lee. thank you for watching. thank you for sending in your tweets. keep 5:00. "mad money" starts right now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. >> hey, i'm cramer. other people want to make friends, i'm just trying to make you some money. why don't you call me. in recent years, i have to tell you, i think stocks have become the most hated commodity in existence. they're certainly hated, well,
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