thank you so much for being here. enjoy the rest of your evening. "fast money" is coming up in a few seconds. melissa lee has the analyst who downgraded apple. >> we read a lot of research notes. this stood out because this was a quote from the research note. i will once and for all speak my mind, even if it ends up destroying my business that i love and that i worked 15 years to build. he mentions taking sleeping pills. he mentions pope francis. this should be a good interview. >> kudos to him. this is an op-ed in the making. "fast money" starts right now. live from the nasdaq markets in new york city's times square, i'm melissa lee. jetblue's chief operating officer will join us in a few minutes. the airline cancels hundreds of flights because of the weather. find out what he has to say. and wireless wars. at&t is trying to lure tmobile's customers with cold, hard cash. we have the ceo from at&t mobility, live. and targeted by blackberry.

a start-up by ryan seacrest is at the start of a new lawsuit. we'll talk about how he plans to fight back against blackberry. team seymour, brian kelly, josh brown. let's get to our top story. it is the third day of trading in january. and stocks are closing in the red for the third-straight day. is this painting a picture. it started in china, tim? >> china ism for nonmanufacturing. their service business is not usually what we're looking at for clues from china. people when they're looking to push china down, they will use any data points. this is not the data points you worry about. people are concerned about they're trying to root out shadow banking. there's headlines on that today. you should be worried about that. you should be worried about the credit issues and the rates going higher in 2014. they will. look at the impart and the export numbers tomorrow night. those are the clues. those are the numbers i want to see. if you're looking at global

growth, we're not counting on china north of 7%. but the rest of the world being stronger. >> that got me concerned today. the rest of the world weakened a little bit. when you look at some of the pmis in italy and in france, most particularly, both of those showed contraction. we came over to the u.s. and saw services pmi, very good. but less than expected. it's on the radar. you need to be concerned about it. services are a massive part of the u.s. economy. >> and you pair that with earnings season. and the highest percentage of warnings when they started tracking the data, happening for this quarter. the fourth-quarter reporting period. >> i think this is the most important earnings period we've had in a few years now. i think the market has separated. they rewarded good reports. they punished bad. you're going to see that in spades this quarter. if you come in line or lower, you're going to be obliterated this quarter. i do think to tim's point about

china b.k., there's some trades that set up. caterpillar sticks out to me. it has been a great market. it's off the 81 level. i think you sell it here. >> josh? >> i think the thing about the data, which is notable. but the market has gotten used to this concept of beat earnings and lower expectations. and i wouldn't be surprised if we see it in q1. everyone's got used to giving very low benchmark to jump over. then, they exceed it and the stock rallies more than it would if they had stuck to their guidance. the start of trading for this year, it's the worst start since 2005. a lot of weird things going on. correlations that don't make any sense. noncorrelations that make you scratch your head. the dollar rallying with precious metals. i don't think we should make much of it. it's very early. >> going back to the january --

first five sessions. >> ominous. >> important historically in terms of setting the tone. >> the first month the very important. >> the first five in the month. >> the earning season -- >> i think the market -- it's looked past earnings, in my opinion, for the last three years. i think the market had the belief that stocks go higher regardless. and you've seen some awful reports that stocks have been rewarded by. but this is finally the time, now that the fed seems to be out of the picture, where stocks have to prove themselves. that's why it's an important quarter coming up. let's get to how the weather is impacting travel. jetblue suspended about 300 flights today. it's being referred to as a polar vortex creating another round of serious travel issues. jetblue shares are down 4% on the session. joining us with the latest, rob maruster, the chief operating officer of jetblue. thank you for updating us here

on "fast." rob, are you there? >> i'm here from our command center, yes. >> great. the goal here is to be 100% operational by 3:00 p.m. tomorrow afternoon. are you still on track for that? >> we're tracking well to it. we're going to resume operations in the northeast at about 10:00 in the morning with resumption of full operations by 3:00. that's our plan. >> as you can imagine, the twittersphere is full of angry travelers out there. is it a jetblue problem? or is it an industry problem and jetblue happens to have more leverage in this part of the country? >> i think it's been an industry problem since new year's day, with peak holiday travel, a huge storm working its way from the midwest, all the way up into the northeast. and that massive nor'easter we saw thursday into friday. honestly, for the industry and jetblue, it's fragile infrastructure here in new york, relative to the airports. and we've had several unplanned closures of the airports that really set us back several times over the last three or four

days. and i think as we look forward to tonight and the potential in what will be a flash-freeze event for new york, out of an abundance of caution, and wanting to give our customers a schedule they can count on that we're going to operate, we chose to make our decision this evening into tomorrow. and we know there's a lot of upset customers in a lot of places that are waiting to get home from the holiday. we're adding a lot of extra sessions, tomorrow afternoon and into wednesday. but we're trying to get as many people moving as quickly as possible after this weather abates a little bit. >> are you laying some of the blame on new york city, then? >> it's not so much blame. i think from our standpoint, it's just -- in preparation mode going into the weather from last week, there were a lot of unforeseen events that were outside of our control that were impacting our ability to operate correctly. as we woke up friday morning, jfk airport was closed from 6:00 a.m. to 10:00 a.m. and we're not set up to wait four hours to operate both

coming inbound and getting outbound flights. anything that touches jfk has a system ripple for us. and we've been struggling with the affects of that ripple. >> far-117, a new regulation that dictates flight crew rest. did that new rule make this worse? and will it make future travel disruptions because of weather worse? >> you know, melissa, i would not call it far-117 the new pilot flight and duty rest rules, not a driver of what occurred to us over the last several days. but it's certainly a variable. it amplifies the risk to any carrier. it's the biggest work rule change in our lifetime. relative to crews operating aircraft. it was a variable that complicated things over the course of massive weather and delays. >> do you have any sense of how many passengers are sticking with jetblue through this? or how much business you've lost because of this? >> that's going to take us a couple days to figure out how many customers are going to

stick with us and how many customers are going to find their own way. our primary focus is on international cities and island countries. things like dominican republic, puerto rico, getting people home from there because there are no other options. we're very, very hyperfocused on getting lift to those regions of the world. and we think the rest is going to take care of itself. >> rob, thank you for joining us. appreciate your time. >> thanks, guys. happy new year. >> rob maruster of jetblue. the stock was down 4%. do you think it was worth down 4%. we don't have a grasp as to how this is going to impact it? >> the analyst we had last week, he was not a big jetblue fan. it traded north of $9 today and sold off. the price action wasn't great. we saw the levels fell. i think you buy it here. the momentum is on the stock for the long side. understanding some of the warts we pointed out last week. but in terms of short interest, about 20%.

in terms of the risk/reward, jetblue is interesting here. >> if you look at the peer group, first of all, united is the place where there's real value. you look at united, they're traiting 15% cheaper than they appear. if you're trading on storm events, you're insane. this is not what the industry has been trading on. this is a structural turnaround in the industry that is increasing capacity. that's how you trade it. ual is the value play, relative to delta, which i'm long. but i think you stay in both these names. >> this happens every year. if you want to look at a calendar. next year in december and january, it's going to be cold. flights are going to be canceled. do not trade the stock because there was a weather event. it has to hold 25. i wait until 7.50. downgrading apple. forget fundamentals and technicals. we have the analyst who invoked

the pope when he downgraded apple for moral reasons. he'll join us live. and at&t's wore with, th t-mobile. that's next on "fast."

we know we're not the center of your life, but we'll do our best to help you connect to what is.

♪ today's top trades. bitcoin bounces back. zynga says it is testing bitcoin for in-game payments. it's now up 29% in just the past week. once again, in a bitcoin, bull market. >> you know, b.k. loves some bitcoin. it was a bull market. and an intraday about a bear market. it's a little volatile here. but getting to zynga, actually. this is a name i've been wrong around. virtual pigs. virtual farms. i thought it was a joke. they have a ton of cash. the stock had done well. and at 4 bucks, it's not a bad buy technically. >> and the fact it's accepting bitcoin. it seems like a match made in --

logical, right? >> we talked about it. brian kelly is the best bitcoin trader right now. it's not a joke. in the world. >> i've reached my peak. >> trade school. >> next up, twitter takedown morgan stanley downgrading the stock. citing competition for online and dollars. twitter is down about 4% today. >> i just want to make a general comment about the upgrades and downgrades of twitter. >> you do that. >> they have yet to report a single earnings quarter. you have firms that have gone from buy, to neutral, to buy. what are you talking about? let the company report one quarter. this is a clown grade. i don't understand it. companies with buy rex. we have a guy on the show. >> overvalued. >> it's a buy -- >> it's overvalued. >> but the stock price is $20 higher than what they would buy it. i don't know what these people are talking about.

>> the downgrade were based on things -- the same thing, the video and the online and the targeting. the advertisers targeting the consumers was an upgrade item two weeks ago. >> they're taking tweezers and combing through nonexistent data to figure out if the stock is a buy. we like it at the $36 billion -- it makes no sense. i'm not trading on any of this stuff. >> clown list. >> that was hot. i just got that on twitter. >> i just invented that. >> that was amazing. >> clown grade. >> a little t.m. after that. >> many occasions to use that, for sure. and our biotechs, are the best days behind them? goldman sachs downgrading. citi, also in on the action. downgraded biotech companies. including acorda and area. >> you know, my love for goldman

sachs is documented. but in the biotech space they've been grim death. they've ratcheted through two or three analysts. they've been wrong every time. they have been neutral on it forever. it had an effect on the stock today. we'll see. i'll bet you, a dollar to a doughnut -- what's the expression? somebody comes out this week, week and a half, and says buy grading celgene. best balance sheet in the space. they have the best -- what do they call that thing? i couldn't think of the word. and you know what? their cash flow is fantastic. the stock is cheap on any metric you want to look at. >> is that a clown grade? >> did somebody say doughnuts? >> something about doughnuts. >> mm. >> i put on a few pounds. >> i got doughnuts. >> we weren't going to mention that, guy. >> jerk.

>> we noticed. annual consumer electronics show kicks off tomorrow in las vegas where it's a balmy 50 degrees. we go to las vegas, with rob de la vega, president and ceo of at&t mobility. >> i'll jump right in. thank you for being with us. want to hit this t-mobile announcement right off the top. you're offering 450 bucks for t-mobile users to switch. turn is pretty low, according to your earnings report. average revenue per user for the 19th-consecutive quarter. was t-mobile starting to eat in that? why go after them like this? >> we wanted to give t-mobile a chance to sample the nation's fastest, most reliable 4g lte network. to get the best customer service and retail experience. and get access to the best devices in the industry, including the fact we announced today, an exclusive release from

asis. we wanted them to feel that in a competitive market. >> you like everybody's customers. >> we take from everybody. >> you targeted t-mobile with this. why? >> they need to experience the network we have with a great value offer. this is a value triggered to them. we have a competitive industry. and a lot of promotional offerers are of this nature to see how they work. we think it's a great offer. it's a great deal. they're going to enjoy the network and the services we provide. you're right. we're experiencing record levels of low turn. we continue to grow. and we're excited about the new growth businesses that we're getting into, like the connected car, digital life. and an announcement that we now have sponsor data as an option to offer our customers. >> we expect t-mobile to make an announcement, perhaps tomorrow. similar coming after other people's customers. so, looks like we might have a little bit of a war going on there. but smartphones. there's a little saturation, particularly in develop markets.

a lot of saturation, sponsored data allows companies like united health care or facebook to decide, we're going to make our content free for people on the data site. tell me, what's the benefit for at&t? i imagine they're getting a wholesale rate on the back end. does it stabilize revenues for you? >> i think it's a great offer for consumers, businesses and for at&t. united health care is a perfect example, where they do something they've never done before, brought about the data capabilities. they're going after expectant mothers and show them videos to have a healthy pregnancy and healthy babies. they're willing to offer to pay for the data use to watch the videos. this is a great product being offered by united health care. but enabled by the sponsored data offering. the customers use the video without charging their data buck. and they get great advice to lead a healthier life. >> it's a good customer decision and a good business decision if they encourage just enough of

the right demographic to take care of their health. for companies like google, facebook, that have figured out how to monetize mobile. they might jump into this, too, to accelerate growth, right? >> those companies, the companies that make movies. wouldn't you want to watch a trailer to the latest movie free, off data charges? and if you like it -- >> free data. >> there you go. this is a breakthrough. we're the first in the industry to roll it out. and we already have three customers on the stage today that are going to try it. and we feel like it's an exciting future for us. >> melissa lee has a question. back to nasdaq? >> i thought we were wrapping. thanks for the interview. we'll see you later on here. later, we will hear from john with the ceo of motorola mobility. how are they faring in the face of apple? from first to worst. why one of the most hated trades in 2013 might bring you big profits. plus, why a major smartphone

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four, three, two, one, zero. we have leftoff of the falcon 9. >> this was the scene in florida just moments ago. elon musk's spacex launch. it will make launches for missions and nasa's science satellites. >> i thought -- that's not a tesla. >> i thought that was lance bass on the space shuttle.

>> oh. >> lance -- what does that mean? >> lance bass. he was going up in the space shuttle, wasn't he, at one point? >> he was one of the beastie boys? >> he wishes 'n sync. >> backstreet. >> it was one of the host hated trades. barrick goldcorp. look at the gold miners. the reversal here especially when you look since december lows. the last week of december. it's up 9%. >> well, if you look at what's going on, barrick is a company estimated to make $1.90 a share. it was making $4 a share. they are focusing on low-cost mines. and capital efficiency. and you go after the best balance sheets here. gold, i believe, is going lower.

spot gold is going lower in 2014. i think 1100 at best. it might test prefed levels around 350, where the gold was before the fed got into the game. but barrick and a few of the boys can play through this as you get to a place where gold is starting to bottom. >> you look at barrick, it's up 37%. it's seen that turnaround that you're expecting from the gold miners at large? >> maybe. in our business, it's usually wrong. he was early and right on the miners. i think they have a little bit of room. i think the momentum's there. the silver miners is interesting. it feels as if it wants to break through a downtrend we've been in since march. needs to get above 22. but we're looking there, as well. >> the key to the gold miner trade, and i've been bearish for years pip was talking about newmont the other day. you have to pick the ones with good balance sheets, they might benefit from the others folding.

you don't want to play a fallen knife trade like this with really sharp, really nasty fallen no fallen knives. i agree. this is worth a shot. most of the stocks have been wiped out. most of them trading one-third of the valuations of a year or two years ago. >> let's talk gold. metal prices abruptly plunging around 10:00 a.m. eastern time. despite this drop, gold climbed back and ended the day nearly on a flat line. the next guest says the recent upswing dould be the beginning of a bull run for gold. let's bring in dennis garvin. happy new year to you. >> to you, too, mel. >> are you in the gold trade long at this point? >> everybody knows that for a long period of time. i'm about to get long of gold in euro terms at the same time. and i think the time to be short of gold is passed. it's not time to be bullish of gold in dollar terms.

but it's getting closer than it has been. gold has taken a lot of ill news. it's fallen a long way. the merchants are all long. and the last time they got long was at gold's bottom. it's certainly -- it's pastime to be short. i'm not certain it's time to be long yet. but it's past being short. >> dennis, it's b.k. i'm short gold in dollars terms. i'm with you on that. but what do i look for to tell me it's time to cover that short position and go long? what are you looking for? >> actually, i'm looking at a couple of things. watching the trend line in euros, which got right up to a major trend line, a downward sloping trend line. it backed away today. but if it goes through there, i'll be impressed. if gold can get through 140,000 yen per ounce, which it hasn't been able to get through for a while, i'll be more impressed. it's going to be a chart pattern. what's impressive is what you had on tv a minute ago, where

the stocks have been the real weight on this, when they start to turnaround, when they start breaking down trend lines, you have to be impressed. they're trying. they're all looking to do it. it's a little early yet. and please remember, if you missed the first $20 in gold, that's not much of a -- you won't be missing much. so, you've got to break trend lines. they haven't done it yet. but they're putting the trend lines to test from underneath. that's important. >> dennis, great to see you. >> one last thing. josh brown, what a great line. a clown grade. i give that a josh brown upgrade to a buy for the long run. great line. >> i thank you, sir. >> dennis, good to see you. dennis gartman of the gartman letter. it's trending on twitter, by the way. #clowngrade. back to the gold trade. >> i need the word clown attached to my name. hi, mom. >> the way i look at gold here is hopefully, figure out a place where i can play gold but don't have the risk spiking up.

i would be long platinum against gold. this was at 0.55, gold to platinum. get out of that trade. get long platinum. find out what caused one analyst to reach his boiling point this morning and put apple and amazon on his blacklist. so i c an reach ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally.

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the senate just now beginning to vote on the fate of janet yellen, president obama's nominee for federal reserve chairman. let's go to amman. >> the chamber not packed here. that's typical for the beginning of these votes. and this is not a suspensible vote. we expect janet yellen will be confirmed as the federal reserve chair. we expect there could be a large number of no votes. as many as 30. that's the high water mark for no votes for a fed chair nominee. we think that janet yellen might

get 30, possibly more no votes here today. nonetheless, it won't be enough to stop her. we expect that she will go through here. you have to keep an eye on these things. it's the senate. >> we do. thanks for that. not packed like that senate chamber is empty. josh, you're gearing up for this vote for some time. >> i am. >> you're all decked out. >> i would like to point out any janet yellen tie, made by vineyard vines. it's a gift. and it's got janet riding a dove. and there's a magic wand, creating money out of thin air. along with the donkey and the elephant battling it out. it sums up the market view. thank you for this beautiful tie. >> thanks. apple downgrade -- >> anybody else any other shameless plugs? b.k., you got a bitcoin deal?

this is fantastic. >> are you getting paid? >> why am i supposed to say. >> you just have a tie on. >> it's a red tie. >> any publicity, we're giving them more and more. >> just asking. >> maybe b.k. had something. >> good guys doing it all the time. >> and gals. and gals. >> a team. >> guys and gals. >> let's move on. >> let's dwell on this. >> move on. all right. moving on. an apple downgrade might not sound like earth-shattering news. but our next guest got a sell rating on the stock and adding it to its blacklist on moral and ethical grounds. this is an interesting note. and the reason why it stood out to us, this analyst, screens a lot of companies. and this is a computer-base model he runs. all of a sudden, he's downgrading apple for moral reasons. >> there's a lot of reasons to downgrade apple. i don't think that's one of them. tim talked about it. and technically, in my opinion, for the first time in a while, it looks interesting on the long

side again. we talked about it a couple weeks ago. said, needed to get through the 575, 580 level. i think with the risk/reward, it sets up nicely here. >> we'll have the analyst, who mentions in the research note, pope francis and sleeping bills. we'll join us on the other side of the break. [ male announcer ] start the engine... and shift through all eight speeds of a transmission connected to more standard horsepower than its german competitors. and that is the moment that driving the lexus gs

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the battle of the smartphones heat up. google is going for your wallet with a lower price point on its motox phone. let's go to john with the ceo of motorola mobility. john, take it away. >> thanks, melissa. dennis woodside. a couple ways to look at it. you're coming after the others. or the moto x didn't live up to sales expectations. what happened there? it didn't take over the smartphone market. i don't know how much ground you gained. what are you going to do to push moto x? or is the focus on moto g? >> you have to think back to what we've done in the last five

months. we launched two new franchises. and those phones are doing incredibly well. 30 reviewers have rated them in the top smartphones for 2013. we're getting great momentum app the $399 price point. we had fantastic days in december for moto x and moto g. and we're excited about where 2014 is going to go. >> we talked about it before. this reminds me of the p.c. market 10, 15 years ago. apple couldn't gain headway because people were locked into other platforms. is that the situation you're facing going up against apple and samsung? are you having to play the price point game here? >> if you look at what apple and samsung has done. they've been in the market with global franchises that have been around for four and seven years. moto x, moto g, been around five months. we're seeing momentum. six of motorola's top sales days ever, happened this december. >> where do you go from here? tablets? more customization?

what? >> couple of things. first of all, we believe that the mobile internet is something that everybody should have. we're going to keep driving affordable devices. high-quality affordable devices over our portfolio for 2014. and customization is taking over for consumers. i have a bamboo moto x. we're going to give choices in materials. >> tell me about the factory that you've got in texas, i believe. how are the operations going? are you hitting the targets there? are you kind of reaching the full employment levels that you projected if you were at full capacity? >> the reason we built the factory in texas is to deliver the customized moto x to consumers in the u.s. in less than four days. we're able to do that with a factory. we would not be able to do that if we were manufacturing overseas. as we introduce new concepts, there's something we're going called project aura, which allows you to snap a phone together like a lego set.

>> you're long-term committed to it. we'll see how staffing goes up. interesting on moto x. we'll see if the price point has an effect. interesting about the strong days of sales in december. dennis, thanks for being with us. back to you guys. >> thank you so much. john fort out in los angeles. semiconductor sales were up more than 6.5% from the year prior. not everyone is betting big on the space. mike has the action from austin, texas. hi, mike. >> hi. there was quite a lot of options activity in a number of different semiconductor stocks today. amd traded about four-times its daily volume. marvel traited two-times. and taiwan semi six-times. we're seeing mixed activity. but of these three was taiwan semi. not only did it trade a lot of options. but almost no calls. 67 calls and nearly 15,000 traded. of those, it puts the traded

most, were the july 15th posts. that included institutional buyers. that's interesting also. we have earnings in taiwan semi coming up next week. but this is a bearish bet that the stock could get around the $14.20 level or lower. and that's a price it hasn't seen since 2012. check out the website. now, to the man who downgraded apple today for moral reasons. joining us from miami, ronnie mose. thank you for joining us. >> thank you for having me. >> your firm is a computer-driven model. why switch to moral reasons? there's no analysts on the street, i would venture to guess that would cite morality as a reason to downgrade a stock. >> i've been on wall street for ten years. i've put out recommendations on hundreds of stocks.

i've written hundreds of reports. everybody on wall street is looking at how much the companies are making at the end of every quarter. and no one's asking how they're making the money. and what happens in a society that's driven on profits is you have pressure to act in immoral and unethical ways. it starts with the tobacco industry that's responsible for 10 million deaths a year. and they will kill 1 billion, with a "b", 1 billion people in this century if the product remains legal. and it continues with companies like apple, whose management would be thrown in jail if they treated their american employees the way they're treating their employees in asia right now. they're sitting on $150 billion in cash. the activists are pressuring them to pay a dividend to their sharehold shareholders. and i want to know when someone is going to pressure them to pay

a dividend to their employees in asia, who are working for $2 an hour. >> i want to get to some of the stats that you have in your research note. i know people out there were privileged enough to have access to your report. i pulled out excerpts which i thought were very interesting. you don't often hear some of these terms used in research notes. the first one is about sleeping pills. you mentioned that you took lunesta sleeping pill, and been up every night for the past five years. i take a sleeping pill before i go to bed. it's 1:00 a.m. and i can't sleep. then, you talk about the pope. i really hope pope francis continues to be relentless on the same issues i'll be speaking about below. and then you talk about minimum wage. my dream is to see all of the people paid minimum wage go on strike for a few months and paralyze this country. ronnie, with all due respect, it sounds like you're having some kind of nervous breakdown. it sounds like a departure from the research notes you put out in the past.

>> you're taking something out of context. i did not have a nervous breakdown. >> i didn't say you did. >> i'm disgusted -- let me speak. i'm disgusted with the way the employees are being treated. you have ceos making 1,000-times what their lowest paid workers are being paid. and nobody's talking about it. there's hundreds of millions of people in this world living like animals. and the ceos are driving $200,000 cars, living in $10 million mansions and driving $3 million boats. i did not have a nervous breakdown. i am very clear-headed. and i'm sure that what i'm saying is going to be a topic of conversation going forward. the pope is bringing attention to this. obama, this was the central theme of his campaign in 2008, that the wealthy people in the united states and around the world are not doing enough to wipe out the problem that we have with poverty. and it should be wiped out. >> certainly, ronnie, a lot of people are concerned about these very issues.

i don't mean to belittle your concern about these issues, which are global issues. >> okay. so, don't -- excuse me. don't take a line out of context from a 40-page report and insinuate that i had a nervous breakdown. i'm disgusted that we have a company sitting on $150 million and they're treating their employees like animals and nobody's talking about it. >> i want to talk about it right now. and pulling a stat from your research note. $2 an hour. i want to know where you get that. fox con actually pledged $700 a month for employees as a base salary by the end of 2013. and by my math, if they made $2 -- that would be working 11 hours a day for 30 days a month to reach that $2 an hour figure. where did you get that? because foxconn seems to be paying more. their base salary is higher than the minimum wage mandated by

shenzhen. >> it's hard to get accurate information on the internet. there are website es and articles where you see prices as low to $1 and $2 an hour. some say $5 to $6 an hour. the bottom line is these people are treated like animals. they're committing suicide. and if i'm not mistadis mistake is moving some of their operations from china to vietnam because it will be even less money for them over there to pay their employees than what they're paying now in china, where there is pressure on wages because of what happened a couple of years ago with the suicides. they're basically getting away with murder. and nobody is talking about this as much as they should be. they're putting apple and amazon and all these companies on a pedestal. and only looking at the bottom line. and no one's looking at how the employees are being treated. and it's disgraceful. >> we literally have one minute,

ronnie. have you lost many clients because of the stand that you're taking? and are you willing to lose clients at this point? >> i'm willing to drive my business into the ground, as long as i see some minds changed and people's thinking changed. i lost one account. the guy was paying me $48,000 a year for seven years. and i've been very vocal lately. he cut me off on the 1st of january. and i don't have a problem with that. the lives of the workers that have being abused is a lot more important to me than my own comfort. i will land on my feet regardless of whether i stay in this business or not. >> ronnie, it was great speaking with you. thank you for your time. we appreciate it. >> you're welcome. >> ronnie moas. >> that's great marketing. he has pickup lines, too. >> going quantitative research. everything he said, human issues and societal issues that we're struggling around the world. i think it's admirable he's doing what he's doing. getting back to the stock, if

you look at where apple has been and a market that a lot of people want to believe is a great place for apple to grow, the stock has more than taken back all of that move. as guy said, if you look at this chart and where people are looking at apple for 2014 after eps decline last year, a lot of people see 4% to 6%. 525 is where you stop yourself on the stock. risk/reward, you can buy that here. >> i want to point out, as well, in case people don't realize, there's a site that apple has to be transparent on the laper issues. a lot of people think i'm an apple hater. but on this point, apple has been fairly transparent and pretty active on the audit trail. they did 393 audits of their suppliers and the suppliers of suppliers. >> there's two other quick things that should be mentioned. they're not their employees. they're contracted out employees. as a result, they are getting away with things they wouldn't be able to get away with in the united states.

so, on that standpoint, ronnie is 100% correct. but apple is building mac brook pros in austin, texas. they're trying to change things as best they can. people would argue they can try harder. it's not black and white. >> it's an interesting conversation at the very least to have and to think about. coming up next, blackberry taking aim at ryan seacrest. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade.

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not even the first day of c.e.s. and already drama in vegas. blackberry is targeting typo, as it launches an attachable keyboard case to make your iphone like a blackberry. laurence hallier is here. thanks for joining us. >> thanks, melissa. >> it's a patent infringement suit. and part of the suit is that your product looks like blackberry's signature keyboard. what do you say to this lawsuit? >> i mean, listen. we've been working on this product for two years.

we're proud to launch it here at c.e.s. we're going to defend this lawsuit fig rousely. we don't think we've violated patents. do you have the reserves? what does ryan seacrest say about this whole thing? >> ryan is loving the product. we both built this product for ourselves. we started two years ago developing this. and we developed it from the ground-up. for something, it's something we needed in our lives. we need to be able to type on the iphone. and you know, the lawsuit is the lawsuit. we'll deal with it as we have to deal with it. >> how many have you sold so far? >> we don't disclose numbers. we only have taken preorders. we haven't shipped the product yet. we're going to ship at the end of january. we've been successful with preorders. >> what does your trajectory look like -- do you see yourself being private? do you see yourself being a takeout target in the future? >> no.

listen. we did this because ryan and i wanted physical cease on an iphone. and for us, for me, i've had this on my phone for the last year. and it's completely changed my life with the iphone. so, i think it's a great product. i think there's a market for it. the people that -- you know, we have a couple hundred people who have been testing these for us. and they love it. you know, don't you have a blackberry and an iphone, as well? >> i had a blackberry. and i ditched it. i have an iphone now. but i'm okay with typing on it. >> have you tried -- have you tried the typo? >> i have not. but we'll give it a whirl. i'll give it a whirl, laurence. thanks for joining us. laurence hallier, ceo of typo. >> i'm surprised somebody hasn't thought of this before. it's everything that anybody ever wanted in an iphone. >> exactly. >> seems like a great product. >> guy, like this. >> it's not even funny. i'm like a wizard on this thing that. >> he uses dialing.

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threshold of janet yellen's confirmation as federal reserve chair. she's well on her way to confirmation. the no votes stand at 26. we're going to watch this vote which is ongoing, to see if she got more than 30 no my mission is simple, to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere, and i promise 0 to help you find it. "mad money" starts now. >> hey, i'm cramer. welcome to "mad money." welcome to cramerica. my job is to teach you. call me at 1-800-743-cnbc. when you know what you want ahead of time, when you figured out what you will do if we get a corr