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tv   Fast Money  CNBC  February 25, 2014 5:00pm-6:01pm EST

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the brouhaha, the implosion of bitcoin. we have the guy who's been out since valentine's day protesting. he is still there and he is going to phone into the show. you will not believe what he says about bitcoin now. >> all right. >> oh, by the way, kelly, did you know that it's the reformed broker's birthday today. >> it's your birthday? >> it is. >> it's karen finerman's birthday. >> tonight we have a very special surprise. a series of surprises, actually. >> i can't believe you didn't tell me. i'm not wishing you happy birthday. your present was hanging out with all of us. over to you, melissa. >> thanks, kel. we're playing all of karen's favorite songs throughout the hour. "fast money" starts right now. in new york city's times square. we have tim see more, steve bros so he, karen finerman.
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someone who uses tesla's, the used ones are selling for more than new ones. 30 different companies in the s&p 500 hit all time highs from a variety of sectors. netflix, google, gilead, delta, tyson. has the market typed out. brousseau, is this a good sign? >> we'll have karen's songs. romantics, what i like about you. >> actually, my wedding song. >> what a setup. >> back to the markets, brosseau. what do you make of it? all these new highs? >> i definitely think you should be taking some profits here. i was fooled. i thought we were going to trade down a at the 1700 mark. we didn't do it. we have to test that. i was fooled. >> if one were a bull though you'd point to the highs. you'd say these highs are all
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from very different sectors. tim, why can't the market make new highs from here? >> i was breaking down the 33 highs and the 52 in the s&p are pretty well disbursed. communications and telco are the places. even consumer confidence, if you break down the numbers, the job listings, the plentiful job measures, the labor market is better, confidence is better, people are spending. if you look at household debt surveys, you're seeing people spend more. maybe that should be worrying you. the consumer is in a better place. i think this is great. i have not been preaching gloom and doom. >> energy prices are higher. nat gas prices have spiked tremendously. there's a lot less discretionary spending. you're nodding. i see you're in disbelief.
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>> the consumer, a lot of people lock in rates in advance ahead of the winter. they lock in rates. they don't feel it here. >> no, i think you're over estimating the prices of the lock in rates on nat gas prices. >> let's say the consumer may be strained by this cold weather. this is temporary. it will warm up eventually. news flash, guys. by the way, corporations have a lot of carbon their balance sheets. >> corporate balance sheets have never looked better. everything timmy said is better. you look at that, it's been the have and the have notes in the retail sector. we've talked about that. karen talks about macy's. they seem to do it better than everyone else. if you look at the russell, i'm not a big etf guy. they made a high back in january, 118 or so. we pushed up towards that today. seemingly failed. that's something i looked at to psy if the russell starts to roll over, then my prediction, we trade down to the 1750 level and the s&p comes true. >> karen, you're a value
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investor. what do you make of the market? >> starting to get somewhat frothy. there are the super frothy names that we don't normally traffic in. even for the value oriented names, it gets harder. let's say you do that with google, sell 1200. north of 1200, what do you do with the balance? i'm not sure. i don't know. >> i like that you interviewed yourself. >> let's take it to tesla. shares up 14%. new high after morgan stanley doubled its price target to 320. the stock is up 630% over the past 14 months alone. let's bring in senior vp of tech, craig person. some people are saying the announcement could happen in the next couple of days. what's your anticipation? >> it's supposed to happen this week. it will be a big announcement. this is the future of the company. this is what will allow them to
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cut the cost of their battery in half. that will allow us to see half million, million cars on the road over the next couple of years. it's a big deal. >> in terms of the battery factory, how do you view it? this is your competitors. morgan stanley said you know what if the base case volumes are capped it's up side in terms of the battery. how do you view the battery factory. will it enable tesla to sell more cars or sell cars at a lower cost? >> it will affect the trajectory, a number of things. we've taken a cautious approach given the battery history from north america. there are different scenarios that could allow pretty significant up side. >> craig, one of the other things though and i think other people are saying, i've been one of the people that have totally missed the disruptor factor in the technology and utilities side. they could be constructing a trillion dollar utility. energy storage. they're going to be in a periphery that people aren't even beginning to factor into the stock price. do you agree with that?
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>> i would be a lot more conservative. there are a bunch of demonstration projects in the last 10 or 15 years. if this was real, they could do this. need to be below 15 cents a watt hour. by this time the battery packs will be selling for less than half that. it will make more sense to go use an old worn out ev pack by your house instead of buying a natural gas gen set. keep your lights on for several days. why would you want to buy something more expensive at that time. there's multiple different avenues of this market that are going to evolve. i think we need to be careful in how we discount the future on the utilities side. could it happen? yes. >> craig, i find myself in the camp that's been wrong about the stock for a while as well. let's just get that there. if your projection is right, their 60 times forward multiple, they'll grow into in leaps and bounds and your 320 price target, which i think is what
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you have now, will actually be really low in relation to where the stock could be trading if that half a million is correct, right? >> i haven't projected beyond 2017. my target is 225. i still expect the stock to work. i'm still constructive. we're still out perform rated. so, yes, if you want to look out to the horizon, 50, 60 bucks in earnings is doable if the trajectory continues. you could be talking a $500 stock if you want to get up there. >> do you have a buyer on the stock? >> absolutely. >> do you say investors today with a 13% pop to buy the stock? >> the 13% pop took the balance out of the announcement. >> the battery announcement? >> yeah. there are two scenarios specifically where we would be super bullish coming out of this announcement even with this rally today. >> there's two scenarios which you would be super bullish out of the battery announcement? >> yes. >> okay. quickly. >> one is an electrolyte free
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manufacturing process. cuts the capital cost by 80% on the cell side. that is a big deal. that cuts overall cell cost by 50%. the second thing would be if they were to actually announce that they're using a silicon anode from pan na sonic. that takes 40% of the costs out. >> craig irwin. >> let's trade this. you've been in and out of tesla. at this point, what would you do? >> i guess it was about a week ago when it was trading slightly below 200 it was a buy. it still has -- i have to assume that a lot of people k06rd, but it still has an above 30% interest in it. i think it has room to go higher. people are slapping a lot of price targets on this. i think you have to take some profits off the table with this incredible move that we've seen from 200 in a short period of time. >> you read the morgan stanley note. what did you make of it when it started talking about it being some type of utility or playing
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the periphery. it seemed a little pie in the sky. >> it's the only thing that can explain the valuation from me. i think it's phenomenally interesting. tesla is phenomenal technology. elon musk is arguably one of the greatest innovators of our time. if you want to believe that this company is going to be able to revolutionize storage on electricity, which is part of what i think you have to feel, then it's great. that's way out in the future. this is a company that's argued there's no competition. >> i know you wouldn't get in. >> i wouldn't get in. with that flow, with that 30 something percent, i definitely wouldn't short it either. >> buy or sell? >> sometimes you're so wrong on something which i've been, you have to step away. >> step away from the vehicle? >> step away from the vehicle. >> earnings alert with sema mody. >> that's right, melissa. first alert shares tanking after hours missing expectations due to weaker sales. they fell 68% after what seems to be a tough quarter for the
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solar pants worker. earnings guidance short of expectations. you can see shares down better than 12% after hours. melis melissa. >> seema. one stock that did really well is the other elan musk stock which is solar city. >> yeah, we talked about that. >> you called it. >> i just think that these guys are bringing down the costs for retail solar. that's part of the fascination. in first solar's case, they missed on numbers. the stocks have rallied. if you look at first solar's history, on earnings day the average price move is 12 to 13%. there's no sense in playing it into those numbers. this is what you have. >> comeback kid. shares are jumping today for blackberry. plus, bitcoin bust. we have the man who once held $300,000 worth of bit koins. now the exchange has gone radio silent. he's flown to tokyo to find out why. he'll join us live to tell us why coming up.
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>> quick. >> i don't know. >> nice. >> all right. >> satellites. >> let's hit today's top trade, shall we? first up, linked-in launched a chinese version of its site. it expands into the largest internet market. >> guy adami. >> yes. huge news. >> there's a question at the end of it. you said my name. >> let's trade it, guy. >> of course we have to give a lot of kudos to the i.t.g. guys. be cautious here. that was under trade at 220. it traded all the way do you know to 180. you have lower lows, higher highs. how do you trade it? i have to wait. i'd rather buy on a breakout above 220 rather than here. the last four or five months has been a false one. >> next up, blackberry seeing huge gains after announcing a new duo of smart phones at the conference in barcelona. they're making comments on the
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stock price. take a listen. >> i think it's a reflection of investors starting to take notice that we have a plan. i mean, i still have to execute it. we're moving relatively quickly. i'm pleased with what we have done beyond just the words that we use, but have a long ways to go. i mean, this is, you know, as i said last time with you, this is a four to six quarters turn around. we have good milestone about cash flow breaking even, profitable. so stay tuned. i mean, we're doing our job to get the company back on financial strength. >> he also, by the way, said reportedly that they would be willing to consider selling the blackberry messenger, qnx. >> with 85 million users, you start to look at the deal facebook did with whatsapp and people say this could be a big number. someone is saying $3.5 billion with a $5.5 billion market cap, there's a lot of value there.
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back to offering smart phones less than $200 forasia, this is very smart. blackberry has significant cache into the world especially in india where penetration is low. if they're running cash flow neutral, this is a company that i do think can execute. i think at these levels, some of the parts, you look at the patents, the blackberry messenger -- >> they're under fire at this point in your view? >> yes, i do. >> you would buy it. >> i would say it's interesting. i like what i'm hearing. >> let's take a look at macy's. while locking in gains at 5% on the day even after the retailer's january sales came in below expectations, the key is they reaffirmed their full year. they didn't use weather to lower the bar. >> no, they didn't and they probably could have. >> should they have? >> i think they shouldn't have. i think they can make these numbers with some cushion. so i think this was -- i mean, macy's, what i think is so great about the story, they are such
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great executors and yet they act with such an urgency as if they're in second place or third place and yet they're in first place. they're the single best operator in their space, and they're just killing it. they do a great job. even with this run up today, the stock is not expensive at 13 times earnings. >> keeping with retail here, take a look at fifth and pacific. soon to be kate spate. tomorrow it hit a new 52 week high. the company seeing its fourth quarter sales jump driven by the performance. kate spate brand taking place today and the ticker symbol place will take place tomorrow on the new york stock exchange. i got the chance to speak to the ceo of kate spate, craig levity today in a cnbc exclusive. here's what he said about the hand bag business. >> if you're a brand that is born and has great roots in the obviously hand bag and small leather good area, so that's always going to be the anchor of
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our business. as a penetration of the total, it is going to slowly decline because we are adding new categories to round out our lifestyle presentation. that's always going to be the anchor of our business. >> but 70% of volume is in handbags and small accessories. the other 30% in 11 other areas of business, etc., etc. karen, you are in fnp. >> we are. it wasn't a big enough position. by god, what a home run it has been. kate spate, what they have left there, is a great growth story. it is a mini koors. i'd be interested to hear the iew. of your interview. >> question, these guys are trying to diversify out of handbags which has been the bread and butter. doesn't that concern you? look at coach. they became lost in becoming lifestyle brands. >> i think they're doing it incrementally. >> yeah, and also the fact that they're going after all sorts of price points between the lower end of the shoulder pricing, the entry level to the core to the
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ultra luxury high end which will compete on price point with the likes of a burberry and michael koors. i asked if he's trying to be too much. >> tune in. >> exactly. and of course we'll have that interview at 1. >> what a loflly red shawl. i like that. >> you would. >> was that a kate spade bag. >> i like koors. look what they did today. another all-time high, 102. to karen's point, they should hope to be a mini koors because that stock's been on fire. coming up next, mount gosk. it's disappeared. is this the end of the virtual currency as we know it? we'll hear from one bitcoin investor. he's been protesting since february 14th. he joins us after the break. [ bagpipes play ]
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♪ >> that's cool. >> very '80s. >> all right. imagine trying to withdraw an investment which at one time was worth $300,000 only to be told that you were unable to access your funds. that's exactly what happened to our next guest. bitcoin, mtgox halted all withdrawals. today the website for mtgox went offline with the company offering little explanation. our next guest has been protesting outside tokyo headquarters since february 14th. colin is joining us on the fast line. colin, great to have you with us. >> hi. >> have you lost faith at all in bitcoin at this point? >> i haven't lost faith in bitcoin itself.
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i do feel the exchanges have been more regulated. i'm definitely worried about using other exchanges that are operating in a safe manner. >> you've been outside that office for quite some time, kolin. have you noticed some activity. there aren't employees there. lights are going on and off. what has it been like? so many people are demanding an explanation at this point. >> okay. well, today or yesterday which is tuesday doesn't seem to be any activity that we could tell for the office. we went back tuesday. before that there were always quite a few people there. they have a parent company and there seems to be a distinction between the employees.
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all through the day on tuesday there are people here. we haven't seen any. >> what's your game plan at this point? i mean, the website is dark. there's nobody coming or going from the office. the investment has gone down from its peak price so what do you do now? obviously like many other investors, if you've lost money in mtgox, the chances of you retrieving it at this point are pretty slim. >> yes, i imagine they are pretty slim so i think the first thing i'll do is speak to a lawyer. i also plan to speak to the banking regulator here to see if there's anything we can do. maybe there's nothing they can do about the situation. otherwise, i'll just try and hopefully find out more news on what's happened to the money, then i can figure out what to do. however, i don't expect the company itself to make any
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announce zblmts kolin, thank you for calling in. we appreciate it. kolin burges has been outside the mtgox offices for two weeks. we'll bring in brian kelly of brian kelly capital. are you using this pull back to buy? >> am i? >> well, i have my core position. at this point i think it's a great opportunity to buy, but i think the important thing, unfortunately for kolin, you have to understand keeping your money in any online wallet is like keeping in any company like bear stearns or lehman brothers except there's no protection. anything can happen. >> brian, when we were speaking about e-mails, you said what happens to mtgox shows the strength of this krip tow
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currency. why is that? just because it's still standing. because it's 500 something a bitcoin it's still an okay investment? >> look at it this way. let's compare it to lehman brothers, okay? when lehman brothers collapsed, basically the world financial system collapsed. if it wasn't for what the central banks have done we could have gone into something worse than the great depression. the largest bitcoin exchange in the world has collapsed yet the payment system goes on. you've had a price decrease and that hurts. the payment system, the technology still works, the financial system behind bitcoin works. to me it shows the striength in bitcoin is its strong nature. so an episode like this certainly shows some weaknesses but it also shows that decentralized value transfer is the way of the future. >> hey, brian, but it tells me that the exchanges need to be
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regulated. it does need to be centralization of power. you just defined almost the antithesis of what you're trying to do out there. >> you're right, but here's the thing, i think the exchanges are a 20th century technology on top of a 21st century technology. you don't need an exchange anymore. you don't need to have that centralized area. i can transfer bitcoins to you tomorrow. i could do it in six minutes if i wanted to. >> please don't. please don't. >> i don't need the exchange. so i don't think you need exchanges at all. it makes it easier for people to buy the bitcoin, but ultimately you do not need an exchange with bitcoin. >> all right. great to hear from you. thanks for calling in. brian kelly, "fast money" trader. >> he makes a good point. i'm no bitcoin expert. remember the furry animals we interviewed out there, they were. it shows this should have been catastrophic and it wasn't. >> we don't know that it's not. >> fair enough.
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>> the price has held up, right? isn't that telling? >> let me ask you something. did they steal the money or were they over leafered? >> there was a security hatch. >> the money is gone. >> they may have lost 750,000 bitcoins over a few years is what's being alleged. >> over a few years. >> gets into cyber security. >> the thing about this is this will cause regulators to go in. that's probably what this space needed. expect that to be the next layer i would imagine in the bitcoin story. still ahead, why buying a used tesla can be more than buying a brand new one. taking your pictures and checking your messages with the galaxy 2 smart watch. i don't want to think about the alternative. i don't even know how to answer that. i mean, no one knows how long their money is going to last. i try not to worry, but you worry. what happens when your paychecks stop?
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♪ ♪ >> one of my favorites, too. >> again, we are stuck in the '80s. >> it's on karen's account. >> i don't know what happened. >> all right. >> it was a special time for you. she listened to music. welcome back to "fast money." we're live at the nasdaq market
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site. not only are the tesla stocks rising, but so are the used vehicles. the cars were often worth more used than new. jared roe is the president ever kelley blue book. thanks for joining us. >> thank you. it's great to be here. >> is there anybody out there flipping teslas at this point? >> yeah, we are seeing a little bit of that. we're seeing less than 1% of tesla's 1% have reached the secondary market. we actually currently see about 40 of them in the marketplace with one of our sister companies, autotrader.com which is the largest used car marketplace in the u.s. what we see is 28 of those being dealers and 12 of them being private parties. we are seeing some secondary market activity but not a lot. >> in terms of where used teslas are worth the most, is there some sort of geographic location that -- where teslas are harder to get? where the waiting list is longer where used ones might pick up more money? >> yeah, we're seeing that in
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california, texas, florida not surprising. warm weather states seem to have more teslas, used teslas on the market than cold weather states. >> how much longer do you think this is going to keep up where a used car is going to see the value of a used car? and have you seen this before? >> we have. this isn't uncommon in the car industry. toyota with the fj cruiser, that's not electric, of course. how long this is going to last is dependent on how quickly tesla can ramp supply. we think this is a matter of supply not meeting demand. also, there are new entrants coming into this particular segment. you have the cadillac elr. while it's a two door versus four door, they're clearly targeting this particular niche. then you have the bmwi-8 coming as well. it's going to be interesting to see the market dynamics and how they play out over time because ultimately what you have is you have a group of consumers who
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are a new niche which are willing to forego to get a vehicle and pay a premium for it. when alternatives enter the market, they're starting to enter, it will be interesting to see how loyal they are. >> jared, thanks for joining us. appreciate it. jared row, president of kelley blue book. some investors are betting big money that shares will go higher. >> tesla had some extraordinary options activity today. it was the most active of all single stock options in the market today. that's versus about 8.7 million contracts in all the other single stocks combined. we're talking about approximately 6 or 7% of the options in the market was all tesla. the top most active markets were all open in call buyers and mostly we were seeing the weekly 260 calls being purchased for $3.60 so these are people betting that the stock could be
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above $2.60, $3.60 by the end of this week. pretty extraordinary stock. pretty extraordinary activity. still seeing some pretty extraordinary bullish activity. >> "options action" every friday 5:30 p.m. eastern time. check out the website. time now for pops and drops. big movers of the day. pop for 2r5b8g9or supply. up 4%. tim? >> they have no one close to what they do. a retail farm chain store. they've been growing 17 quarters straight. growing year over year. stay in this name. >> pop or wide livenation. karen? >> this story is starting to work and it's starting to gain more attention. the whole business is not just about having people at a concert, it's the ticket business where they make great margins. the sponsorship, digital business. this story is not just beginning but it's early still. >> drop here for 10 tenet healthcare. >> this stock is vacillating
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between 40 and 49. a few times it's on its way back to 40. i think within a couple days you can own the stock at 41.5 with a really tight stop. it makes a lot of severance there if it gets there. >> a drop in nat gas. >> we mentioned back in the summer that in october it's run about 80%. since then it's backed off. probably hangs around the $5 level but i probably wouldn't be a buyer at these levels. >> and a pop for panda puppies. >> come on. >> this adorable litter of panda-like purpose takes the cake for cuteness. their black and white panda markings makes them popular in china. their fur was originally gray and white but has turned darker with with age. you thought i was going to say spray paint. >> those are not cute puppies. it looks like he hasn't slept in days. >> kind of ugly. >> i'm a panda lover. >> you flipped that puppy in vegas. >> i wish.
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i would have done better. >> yeah. all right. it's a race against the clock. samsung unveiling its newest line of wearable tech ahead of google. will it take off? plus, we have a big surprise, and i mean big for karen finerman's money. lots more "fast money" straight ahead. [ 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. ♪ from td ameritrade. a 401(k) is the most sound way to go. let's talk asset allocation. sure. you seem knowledgeable, professional. would you trust me as your financial advisor? i would. i would indeed.
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♪ ♪ '70s. >> that's my first album. >> oh, really? >> yeah. >> "stranger." housing and focusing and home depot expecting better than expected earnings. the housing market is continuing to rebound. there may be trouble down the road. the s&p case schiller home price index showing a dip in home prices for the second straight month. guy, home depot, you've been on this trade for a while. >> yeah. >> although i get the whole trex thing, it's not a home depot. there could be a read through. people still continue to pour money into their homes. this quarter wasn't as good as i
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thought it would be. the stocks rallied. we'll want to get through the 82 level. they have trouble. make the next push to 90. valuations still somewhat reasonable. their balance sheet is great. >> let's hit another earnings alert. checking in with seema mody. checking in on dream works animation. >> lower on 20 cents missing street estimates of 32 cents. there's a lot of 12 cents per share related to its "turbo" film. revenue missed expectations, $204 million versus $223 million. shares are down 7.8% after hours. back to you. >> sharp dropoff. seema mody, thanks for that. samsung unveiling its latest in barcelona. it is the latest attempt by the company to break into the wearables category. it comes ahead of a rumored smart watch from google as well as apple.
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i spoke to the ceo from pebble. here's what he said. >> there's competitors and there's other people in the market. one interesting thing, we actually launched on kick starter, our website for crowd ing, a year ago. you'd think in a year and a half some competitors would jump up. we raised $10 million in 30 days. in september samsung launched their watch and since then they've been pumping money into marketing around their watch and i'd say it's probably helped us more than it's helped them. >> so the thinking is is that more -- other companies will be spending more in marketing and therefore people will have more awareness of these things which we have on set. this is the gear fit. this is the new one, which is pretty cool. it's smaller than a lot that's on the market already. here's the other one that samsung has unveiled. >> cool. >> that will compete with nike fuel and fit bit. you have a stand alone where you
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have this watch but as a phone, you know, to me we were talking about it on the commercial break. you went from everyone wanting bigger screens to going smaller. i think this is more of an athletic thing. >> so i should probably be talking about it. sorry, steve. >> you keep running your mouth, big guy. >> no, but what's interesting, where apple i think was the torch bearer in setting the bar in the technology and the smartphone space, and samsung copied everything, samsung has the bar. the s-5 sets the bar. we don't know what the new pricing for the price is coming out of bargs is he lone na. they're far and away the best things out there. >> apple may be late to the party but they've been doing that. they let other people enter, say, music. then they entered with the ipod and they dominated the category. it didn't matter that they weren't first. who has a walk man anymore. >> guy does.
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>> got me. >> how's that laser disc player? >> the point being, apple doesn't have to be the first to own it. >> who was first, wearable tech, everybody put them off for dead is garmin. they dominate the whole wearable tech space. i think that's the winner here right now. >> is this supposed to be used in conjunction with your cell phone? >> yes. it's not instead of. >> let's say you have this and you put it in your pocket. >> this is on blue tooth. >> my phone is ringing. i don't want to take my phone out of my pocket. so it tells me who is calling me and i can decide whether or not i want to dig for it. >> if it's in your pocket, i get it. i would rather have it be a stand alone and make the choice whether they want the small screen or big screen. to have the redundancy, it seems hectic. >> when guys like me are in the gym, you're not, sometimes i would prefer to know whether to stop or not and look down.
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>> that is so boogey. >> happy birthday, karen. >> if you have questions for our traders, coming up, we are trading your top tweets of the day. as you know, it's karen finerman's birthday. we're celebrating "fast money" way with a very, very big surprise after the break. tdd#: 1-888-648-6021 out there, tdd#: 1-888-648-6021 there are stocks on the move. tdd#: 1-888-648-6021 in here, streetsmart edge has tdd#: 1-888-648-6021 chart pattern recognition tdd#: 1-888-648-6021 which shows you which ones are bullish or bearish. tdd#: 1-888-648-6021 now, earn 300 commission-free online trades. tdd#: 1-888-648-6021 call 1-888-648-6021 tdd#: 1-888-648-6021 or go to schwab.com/trading to learn how. tdd#: 1-888-648-6021 our trading specialists can tdd#: 1-888-648-6021 help you set up your platform. tdd#: 1-888-648-6021 because when your tools look the way you want tdd#: 1-888-648-6021 and work the way you think, you can trade at your best. tdd#: 1-888-648-6021 get it all with no trade minimum. tdd#: 1-888-648-6021 and only $8.95 a trade. tdd#: 1-888-648-6021 open an account and earn 300 commission-free online trades.
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all right. hear the music. it's karen finerman's birthday. she's celebrating. we thought we would bring you a special gift. something we know you will like. take a look at this because we have -- >> i love that. >> -- party favors. everybody has to wear one. >> everybody gets one. >> and, of course, you know, karen, we know you love jamie dimon, jpmorgan, so we put him on the cake. actually, this is not the only surprise that we have. >> sorry. >> karen, this is not the only surprise. we have somebody very special on the phone for you as well. >> yes. >> karen, it's jamie dimon, i'm here to say happy birthday. >> thank you, jamie. this is the second jamie dimon
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cake i've gotten. you are my favorite on the "fast money" gang. >> thank you. you are my favorite as well, as you well know, jamie. now that the restraining order is just about over, i'm looking forward to seeing you soon. >> for a big martini. have a great celebration. >> thanks, jamie. good job today. >> thank you. >> jamie, thanks so much for phoning in. we know you're kind of busy. >> thanks. bye-bye. >> jamie dimon, chairman and ceo of jpmorgan. >> she's blushing. >> i love that. >> i am going to watch this, te tivo. >> the you're my favorite part. >> that's going to be on my answering machine. everything. ♪ ♪ >> that's great. >> what's that face? >> actually, we also have plates and they're heart shaped because we're all princesses here.
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we're going to start cutting the cake and we'll start celebrating. >> that was exwlent. >> you have to keep your tiarra on. >> if you don't blow them out on the first time, that may imply that you and jamie have -- >> that's it? i'm done. >> it usually means you're having more kids. >> don't screw it up. >> really? >> yeah! >> oh, i love my jamie cake. thank you. >> fantastic. >> amazing. >> it's chocolate because this is the one day -- >> it is the one day of the year you will have chocolate. >> that's right. >> it is chocolate. let's get to some tweets here. >> love this. >> while we carve up some cake. these are the best tweets. if you made it through? tim, thoughts on amc networks and their first earnings reports. >> people were waiting for the numbers. that gives you a chance to draw from. the stock was somewhat sideways to higher. i don't think you need to stay in the name here. >> karen, what's going on with gamestop? >> you know what, gamestop, as
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much as i'm surprised by it, is a cash cow. i thought it would be a melting ice cube. doing buy backs. we are long some. >> guy, smith and wesson, should i give it a shot? ha ha. good one, shawn davidson. yeah. i didn't mean that for real. >> for you, i never know. we've loved smith and wesson for a while. the stock is way too volatile. you have to trade it a little bit. here at $12.50, i think it's good. there's a whole security thing on the back end of the name. it's somewhat interesting. it makes me believe it could get squeezed up to 14.5 or 15. >> when a guy is wearing a tiara is talking about guns. >> look who's talking. >> do you check your -- you're not man enough to wear a tiara? >> not even close to being man enough. >> that's a -- >> she wants you to wear a tiara. >> who are you to say no to her. >> jamie dimon called in for
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goodness sake. >> do it for karen, man. >> another earnings alert here. this time on boston beer. san the ticker. seema. >> hey, melissa, boston beer earnings are out and $1.33 for the fourth quarter. that is below street estimates of $1.51. fourth quarter revenue though beat the street $205 million versus $193 million. guidance though is short of consensus so overall a mixed report for boston beer. you can see shares down better than 5% after hours, melissa. >> thanks so much. seema mody. what is the beer trade? i know you go to latin american beer. >> i'll tell you what, first of all, at 35 or 47 times current numbers, this stock also going into these numbers -- i'm trying to take myself seriously. stop this. this is not the trade. go to budweiser at 12 times and
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guys giving you 22% earnings growth. bud is your best value play and it is run by the brazilians, yes. >> it is hard to take anybody seriously wearing tiaras. >> you just can't look. >> it's kind of hard to look at it and not laugh. let's take a look at first solar once again. the guide dance, terrible. the consensus eps was 84 cents. the band was 33% or so, less than that. we're seeing a steep decline, down 12%. could be a rough day for the solar stocks. >> we saw pressure in solar names today but, again, if you look at what's been going on for the last couple of months, this is not a terrible surprise. part of the theme of our show is coming into where the s&p is and they're at 52 week highs. first solar is not the place that i want to be. i think solar city is a very interesting play and i think some of the chinese solars where you're seeing much higher installed demand that's happening in that part of the world, stay there.
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>> would you ever go solar, grasso? >> i don't like the solar space. if you overlay solar city on top of tesla, they're the exact same charles. if you believe tesla is going higher, that is as well. >> that seems crazy. >> please. it's err birthday. >> do you understand how perfect this do is? >> come on, it's not that perfect. >> hello. >> tell her that stocks are being shot up as you say that. coming up on the next hour on "mad money", can you have your donuts and eat it too? can the company put some extra cheese in your portfolio? cramer is trying a slice with the ceo. don't move, all of that and much more coming up at the top of the hour on "mad." . we come right back. stay tuned. we come right back. stay tuned. wgg
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>> announcer: final trade is sponsored by interactive brokers.
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time now for the final trade as i try to carve up the jamie dimon cake. i don't want to ruin his face. final trade time. >> risk reward at 35, very, very good in this stock. north american cost savings in 2015. europe, the up side. you're not buying a stock at 52 week high. >> it's going to be more and more wearable technology. the true way to play this is qualcomm. instead of picking a winner, pick what's going into the wear ashl technologies. >> nice hat. >> karen? >> my final trade is apple. i'm not quite sure why it's trading not so well recently. i think there is some part of it that people are bored, not following icahn now. this, following him on ebay which is ridiculous. apple my final trade. >> guy. >> jamie, he's a stud for calling. >> i carved his face off the cake. >> i love jamie dimon.
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>> that's your piece. >> wow. >> that's a little troubling. >> weatherford -- >> back for the restraining order. >> given the quarter, it wasn't great. the fact that it was unchanged on a lousy tape, i think i think it goes high. wasn't that scott nation mentioned yesterday? >> yes. >> i'm melissa lee. happy birthday, karen. "mad money" starts right now. >> thank you. 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. i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. the other people want to make friend, i'm trying to save you some money. not my job is not to only to entertain you, but to teach you. so call me at 1-800-743-cnbc. maybe i just dislike not knowing things. things for example like why the market kept going up and up and up on nothing.

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