"fast money" is coming up in a few seconds. melissa lee, what is on tap? >> we're going to be talking to the ceo of a bio tech company with a prostate cancer treatment that costs, get this, $100,000. the company has been a laggard compared to the big run the biotechs have had. but it is launching this drug in europe. we'll see if this is the catalyst that will turn this stock around. >> wonder if it will be covered under obamacare. "fast money" starts right now. live from the nasdaq market site in new york city's times square. our traders are tim seymour, brian kelly, karen finerman and steve grasso. we have actress-turned stock picker, rachel fox. a 17-year-old trader who has been on shows like "desperate housewives" and "melissa & joey." >> that's the way b.k.'s photo looks. >> very nice. >> first to the top story here. we're on the brink of a historic moment in china. a solar company is facing the

first corporate bond default because it cannot make an interest payment due friday. let's bring in michelle from the newsroom. what could the implications be, michelle? >> it's not that chinese corporations were such stellar performers. but the government used to step in or forced the underwriters to do the bailout. but after decades, it's led to a national case of national moral hazard. if this company is allowed to default, chaori solar, is allowed to default, it would enforce the motion that investors are going to get paid. when chinese investors learn that corporate bonds aren't 100% safe, are they going to run from them? one analyst believes yes. this could be china's bear stearns moment. an event that leads to a lehman-like panic. and the shadow banking sector

froze here. he wonders if it could happen there, as well. why? there's a lot of bad loans out there in china. everyone knows it. so far, no one's ever had to pick or choose or really worry about it. we're not going to have a real answer on friday. probably not next week, either. but over time, we're going to see more failures in the $1.4 trillion bond market in mainland, china. whether it spooks people there. >> the real fear is if they do not. if they let out all of the bonds default. if they allow selective default. anytime they can go in and bail out a bond. not a problem. >> the size of the situation, the size of the problem. this is a very interesting story. i think the headlines are incredible. the next bear stearns moment. but this is a lot of fearmongering. we all know that the chinese debt market is about to surpass the u.s. market. this, to me, is a country that's addressing it, michelle.

i think you're getting too orderly defaults and that's what people want to see. and that's the message i think is more powerful than the one is we're not going to back everybody up. >> i think the point is that ending moral hazard would be a good thing for china. they have to do it at some point. getting from here to there, could be painful. you talk about fearmongering, systemic risk across china. and hence we have a global financial crisis. the chinese financial system flows to the rest of the world. it's not clear that it would be systemic. and china has a lot of money to pay for the problems. >> agree with all that. >> representing different credits already? or do they all trade with -- >> this one's rated aa. yes. they're rated -- they are rated. but again -- >> do they trade with that rating? do they trade as if there is a government put behind them? >> you're talking about the pricing? >> yes. >> i've seen pricing on this one had supposedly moved lower. but the stock hadn't gone to

zero. it had dropped markedly. so, they trade much higher than they would if they were trading in equivalent situation in the united states. >> michelle, we're going to let you go. thanks for bringing this report. michelle, joining us from the newsroom here. i want to go back to the notion of fear manamongerfearmongering. you look at how cds traded. and it's telling us a different story. >> we know that china had a massive credit bubble. and everyone's saying it's going to pop. it's a somewhat insulated economy. you have to look at places where it could leak out. that's why i've been mentioning copper. i'm short copper. that's the way to play this. and it's also your warning sign that this is going to be something more than systemic. one company defaults. it really may not matter. but if the shadow banking system that's based on copper starts to unfold, you'll start to see the weakness there and that could

spread to other parts of the world. >> copper didn't do anything. >> yeah. >> and nickel hit a nine-month high. >> brazil a derivative on china command. here's the other side of it. if you play china from the short side, you're in a lot of trouble if you play chinese consumption, which doesn't exist. chinese aims are at all-time highs. luxury, all of this stuff to me continues to be a place you should trade. and we have the national people's congress started today in china. this is a time when all of this news comes out. this is a time when theoretical and thematic stuff is put out there for the masses. >> that trumped this story about the possible bond default on friday. setting the rate at 7% when some thought the rate would be put was a big sigh of relief. >> and all of the things they're going to do to the economy in the next decade. i think it's positive. >> i find that people have been focused on other things. we used to only talk about on

this desk was the s&p and china was the driving force of the s&p. now, we have the fed. emerging markets. we've had taper. ukraine. i think this is almost an afterthought. this could be a sneaky trade. i'm not sure -- >> higher or lower? >> higher. >> i would think that people want to bet against it. but i think the trade right now is being bullish on china versus bearish. >> let's look at gm right now. that's on the rise after recording a 20% seams gain in china for the month of february. there were concerns that, perhaps, it wouldn't have enough clarity here. >> and jpmorgan had an analyst meeting last night. this is their largest market. global motors. remember when they did the ipo, global motors. it's their largest market. and the margins are getting better. north america and china are supporting this. we know europe is an albatross that they're trying to turn around. how you trade this thing, at 35.

you have good support for the name. the move got you back through the 200 day. i think you begin to challenge the 40 level. then, you probably trade this thing. i don't think the news is a one-way ticket higher, after the comps have become difficult for this company. >> the recall, too. 1.6 million vehicles. the recall is still going on. that had been dogging this stock for a little bit. >> a couple things have been dogging the stock also. i think that the day tamped on expectations when mary barrett came in. i was long the stock. long from lower. long from higher. i'm going to stay long. i like the story. i think it's going to be a little bit. >> i think it was yesterday, the day before, mike jackson was on this network. and he talked about how the sales had stagnated over the last several months. and we may not hit the 16 million rate that everybody's looking at. does that concern either of you? i know there's weather effects. >> it sounds like it concerns you. the bearish case for gm right now? >> yeah. the guy who sells the cars are

telling you things are slow, seems to me i don't want to buy gm. >> i would be concerned it would knock gm down to the levels we saw three weeks ago because people felt they would have to insent vise or give incentives out of this. i don't think that's going to happen. if i look at the construction market. we show this about ford. gm is benefiting from this. their most lucrative vehicles and the highest margin vehicles are the pickup trucks. >> they're going to have to engage in incentives in the month of march. >> i think they're going to have to hold on here. and they showed good discipline to this point. places like brazil, where they had 11% sales growth and a slower growth story when we wanted it to be. some of the stuff is going to start to come back for these guys. it's not just u.s. >> it's like a zero gain. you look at gm, ford, toyota. ford and gm were bouncing around. they were at the same performance. you would guess that ford was an outperformer. now, gm is down on the year, about 8%. ford is roughly flat.

toyota is down about 7% on the year. but seems like guys are rotating back out of those names into gm. out of toyota, out of ford, back into gm. >> in favor right now. >> i think it is. because of the underperformance. and you're getting more clarity. working through your issue with the recall. from phone a friend, guess who is admitting that apple is, quote, cool? that's next. plus, the ceo of a company behind a vaccine for prostate cancer. why are analysts calling dendre dendreon's plan madness? how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. [phones rings]

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means she has to go no further than the kitchen table to do her homework. now, more than one million americans have been connected at home. it makes it so much better to do homework, when you're at home. welcome to what's next. comcastnbcuniversal. ♪ welcome back to "fast money." now, our chart of the day. and grasso's looking at an interesting divergence between financials. >> i was waiting to see some sell-offs. irresponsible sell-offs on the russian headline on monday. and i think i got it out of xlf. let's look at xle on that chart, as well. xle run up. xlf sell off.

people were worried that it would be a longer-lived event. it was overdone, specifically in bank of america. i doubled up in bank of america that day. i didn't expect it to be a one-day event. i didn't expect it to be overin one day. but it was. now, you see xle sell right back off. what's interesting about that is that the big companies, big funds, don't want to own energy companies for anything longer than headline risk. and we have another chart, as well. forecasting out much lower oil prices out five years or so. >> okay. you don't like energy. >> not only do i not like energy. i think the major investment companies don't want to buy it. >> that favor in the investment community. >> exactly. >> going back to bank of america and your doubling on the position, it had a really nice day today. are you keeping that position? >> that's a long-term position for me. i might trade around. as i said, i doubled up on it. i might trade around that other half that i added to it. but i think that if you look at

the passive outperformance that bank of america has had over jpmorgan, over citi, over goldman sachs, there's something to that. so, for me, i think there's a lot that people are missing. >> where did the wti forecast come from? if the forecast is that it's going to move lower -- >> that's the outdated months. >> i see. >> if you forecast out to december 2022, where do you think the crude level is going to be? guys are betting that it's going to be sub $80. so, if you think that it's going to be sub $80, you don't want to buy large oil companies. >> the other side to that argument, and some big oil hedge funds are betting that out in 2015, out in 2020, oil's going to be much higher because of decline rates in the bachen and all of the shale wells. most of the wells are useless. >> they're tapped out. >> they're tapped out. >> the guys that are forecasting

this are talking about demand destruction through efficiencies in motors and engines. even though -- karen and i were talking. it's not a gdp question. it's about efficiencies going forward. >> and a switch of different energies. >> right. >> time for today's top trades. sticking with energy. look at exxon. finishing the day lower after hosting its investor day. the big oil company says it expects to see less spending and more projects on the horizon for 2014. a concern about possible ukraine impact is there. >> i think you boil that into a stock that had a good run. and really, is quite fairly priced at these levels. around $95, it's come back. the ukraine story, it's not ukraine. it's russia. we put sanctions on russia, exxon will lose their projects up in a place they've been forever. i say no way. much worse times in the relationship with russia. exxon has been there. rex tillerson -- exxon is

coveted by russia. they will never get thrown out of russia. if that's why you're selling the stock, that's not the right reason. if you're selling because the stock is fairly priced, good move. i love exxon at 84. i don't love it at 95. >> next up, pop mania, seeing step losses. the geography is unfortunate. >> it closed the low of its moving averages. i would let hovnanian. k.b. homes was unfairly hold off the back of hov. they don't share the same risks. i saw guys buying versus selling. >> next up, steve balmer making an appearance at the university of oxford. listen to what he had to say about his former company and apple. >> empowering technology for

all, that ought to be a brand proposition, if we run the company correctly, can last 20, 30, 50, years or more. i had a bunch of guys at microsoft, we were going through angst five or six years ago. what do we want our brand to stand for? apple's had a good run recently. and apple's, quote, cool, unquote. unquote, quote, your choice. >> if the company were run properly, those are also key words in that sentence. >> coming from the guy that ran the company. that's the problem with microsoft. they've had a tremendous amount of products. they had skype, who even uses skype anymore? apple, with facetime, has taken that over. they've eaten their lunch. that's the problem with the execution. in terms of the stock on microsoft, you can get a dividend out of it. you're not going to get hurt in it. and for apple, maybe it's the kiss of death having ballmer saying it's cool.

>> to have they had a nice run recently. this is more than a nice run recently. a decade of building the most profitable, the most expensive company in the world. that's a nice run. >> microsoft has been sideways. there's no question it was an outperformer. if you look at it going forward, apple, this is a question. i'm not saying this is where apple is. but this is a question that people have been asking about apple. are they at the microsoft moment? we know it's a profitable company. i think they're an innovator. and the existing product base is something that will refresh over and over again. >> is that a microsoft moment, where it's at a turning point in the stock performance and the course of the company? >> no. there's different cultures there. that's the difference between apple. they have a culture of innovation. if they start to lose that, i'll change my answer. up next, our teen trader week rages on. we'll hear from one 17-year-old superstar who went from the

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♪ it's confessions of a teenage trader week. we have another flashback for you. the traders weren't trading in high school. grasso, nice. >> look at karen, cut my eyebrows with that tennis racket. >> this brings us to today's

teen trader. she has had roles on "desperate housewives" and "michelle & joey." it's great to see you again. >> great to see you, too. >> i think i first interviewed you about a year and a half ago. you were 15 at the time. >> i was actually 16. that was just a year ago. >> see? at that age -- that age, a year matters to the upside. let's talk about what you're trading these days. the social media stocks. what philosophy you have about the stocks. is it because you use them a lot because you see the value? >> good question. i love social media stoblgs. facebook, twitter and linkedin. everyone is talking about them. i remember a year ago, i said i typically don't like trading stocks that people talk about because it's news-effected. trader sentiment is so important. and trader psychology a lot of times and what the majority says about a stock is really important. so, the stocks that are constantly talked about, the

social media stocks, i'm loving trading them because you can play off of the trader psychology. but i don't really trade specific ones based on how much i use them or don't use them. but just on technicals. whatever technical indicators i see, that's what i buy off of. >> it's tim. congr congrats on all you're doing. i'm curious how you adopted your own style. talking about companies are a high-growth companies. and have trades that are interesting on some level. do you care about value? do you care about growth? and who taught you all this stuff? where did you sharpen your skills and cut your teeth? >> i do care about value. and care about growth. one thing i developed on my site, that the mygen index. and those are on hype. what is hyped up at the moment with my generation. we're the a.d.d. generation. we have different interests all

the time. that list is constantly changing. i guess somewhat focused on growth. but focused on what is hyped up at the moment. >> makes sense. >> and how i got started in all of this, just my parents, you know, they introduced me to it. and then, my mom always read me investing books as i was really young. when i was 15, she mentioned day trading. and i thought it was the coolest thing. i said i'm going to try it. i'm going to open up a virtual account. i'm going to read everything i can about it and i'm going to do it. >> last question, rachel, when is your app starting? >> my app is going to come out in august for android and i phone. to sign up and get updates on it. you can go to stoxapp.com. and it's like game learning. they're going to go through quizzes and games to understand the superbasic stock market concepts. what is a stock. what is it traded on? all those different things. >> rachel, great to see you.

best of luck to you. rachel fox. >> fast teens you've had on so far. >> i love that, early on, having that desire and wanting to learn. >> her mother recommended it. >> i love that. >> i think the game simulation is really important. in other words, this is the stuff i did in my training program coming out of business school. they give you simulations. and this is stuff that people can do on cell phones. >> the one thing you can do that we couldn't do, is the virtual accounts that rachel talked about. the paper trading online. it's close to trading real money as you can get. coming up, we'll sit down with the ceo of a company with a new treatment for prostate cancer, one of the most common cancers in american men. and elon musk, on why we can't rely on russia and when it means for the next frontier. power consumption in china,hn impact wool exports from new zealand,

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♪ welcome back to "fast money." we're live at the nasdaq market site in times square.

shares of dendreon soaring on monday, after the company announced plans to launch provenge in europe. john johnson is the ceo of dendreon. great to have you with us. let's talk about the launch in europe. a lot of analysts are concerned about this launch. when the is first patient going to receive the first dose? >> we expect the first patient will receive the dose in the early part of the fourth quarter. we made a decision to go it alone in europe to get the product available. we know there's more men in europe suffering from prostate cancer than in the united states. probably about 1 1/2-times as many. it's a real opportunity for us. but when the company did a clinical trial initially, european investigators were not included in that. we felt it was important to go through a two-step process. first, allow the leaders to get experienced with the product. and bring it out to the broader population. we bring the manufacturing systems online. >> going to read you excerpts

from analysts who are concerned about this european launch particularly because you are not partnering with a large pharma company. it appears to be low margin with little or no impact until the automated process is vol dated. with the possibility of losing money on every sale of provenge, we see the expansion into europe as madness. why would you go it alone when the reaction is so sharp? >> there's a couple of things important to keep in mind. first of all, we have a contract manufacturing organization in europe. in the states, we build our own manufacturing facilities, took a lot of capital. we went with a contract manufacturing organization. second, there's market demand in europe for the product. we heard that from key opinion leaders. it's important to recognize that the european regulators had more data when they evaluated the provenge dla. when they looked at that, in our label is more data about patients who could benefit. a stronger label than we have in

the u.s. based upon that, we've taken that to health technology assessment committees in europe. and what they've done is looked at it. in fact, we believe we have strong reimbursement in europe. we believe that demand will be strong. >> stronger than the united states? right now, a course of treatment is $100,000 in the u.s.? which is largely, i would imagine, not covered here by insurance companies? >> actually, the united states, the vast majority of patients, medicare and private. there's great reimbursement in the united states. >> more so in europe? >> we believe in europe we're going to get a very good price. prices in europe, run 25% lower for these products. we have a strong package. it helps point physicians to which patients may benefit. and the country's reimbursement systems like that. >> in the united states, analysts are saying the competition you're seeing from others is pretty fierce. >> you're going to see that in europe. competition in the cancer space is good for patients.

they have more therapeutic options. what we saw at the g.u. conference this year is that they're not looking at it as either/or. they're looking at how do we use the drugs together? how do you use it to boost the body's immune system. >> not that a doctor is going to say, not provenge. it can be both? >> right. and the feeling that the conference is that doctors should use all of the arrows in their quiver. >> let's talk about the balance sheet of the company. you have a debt. you have a cash burn. you have a maturity coming up soon. this must be a little stressful. the balance street is somewhat stressed here. how are you going to address that? >> $200 million in cash at the end of the last calendar year. you have $580 million in outstanding debt. and your cash burn is $30 million to $40 million. what do you have to do a capital raise? >> a couple of things on that question. our debt is closer to $650 million.

the company got ahead of itself when it billed out because of promise of immunotherapy is so great. we had to pull that back. we sold a manufacturing facility to novartis for $43 million. we have cut our burden weight quite dramatically. we had to eliminate about 60% of the positions decide the company. we've done a good job of trimming that back. wa what we have done is met with our advisers. the board has looked at this closely, as you would guess. and we believe that we progress quite a bit in our thinking. we haven't, you know, said at this point in time, how we're going to handle that. but in fact, we are well-advised. we'll be giving you an update. >> capital raise is not off the table? >> we're going to keep all of our options open. and look at what the best moves for the company is as we move ahead. >> john, thanks for coming in. let's trade this stock. it's a stock that has lagged the biotech index over the last 12 months. over the last month, it has picked up a bit. >> in my -- the way i trade

biotech stocks is you have to have defined risk. they are so volatile. you can get up 50% days or down 50% days. if you do it via options or make sure you have a smaller physician. you will get whipped around in these things. >> dr. werner was on. >> the city analyst. >> he gave us clovis. i bought it. but to brian's point, you get whipped around. now, it was up 32%, down 27%. now back up 42%. >> are you still in it? >> still in it. time for pops and drops. big movers of the day. prop for navstar. >> disappointment on the earnings and the pace of the turnaround. i'm not sure what to make of it. but you have a big market. you have a big icon pushing the other. about 35%. >> pop for smith & wesson. up 16%. >> it beat a raise. that's a recipe for an

escalating stock price. i would rather bet on swhc. >> big pop for fireeye. >> we had the fbr analyst on last night. if there was a reason to stay glued to your screen, it was this. >> and he raised his price target today. >> the other thing i said last night, with the way the stock has traded, if you get a nice profit, you need to take it. i would in this case. >> pop for game stock, up 4%. >> a company that had a difficult january because of more tepid software sales. higher dividend rates and buybacks coming. this is a stock you have to watch at these levels. a huge run. up almost 60% year-to-year. with that move, hang out, watch these guys. wait for software to recover. >> and a pop for air pnp. >> what is that? >> nature calling. no bathroom in site. there's an app for that. air pnp helps you to locate a

bathroom in a pinch. >> it's twisted. our producers have put a song on here by coldplay called "yellow." >> nice. >> i didn't do it. >> good observation. >> i love coldplay. >> go go shares. nearly 12% as the connectivity company has better than expected earnings. mike khouw is at the smart board. >> there's hype around that. and william blare making remarks, suggesting that the stock is appropriately priced. and the options traded about three-times its daily volume and three-times the open interest of the may 20 calls, which traded for about $5.35. i think that's kind of interesting. the may 20 calls. this is about $20.

that's actually in the money. it's unusual to see that activity. what we need to see is that the stock has to be above the strike plus the price it was paid. the $5.35. that's going to take it up to about 25.35. up a dollar. why would they have traded the maze and traded them in the money. here's part of the explanation. the stock is bouncing around and the options are expensive. this is the price of options in awe implied volatility terms. the may options are less expensive than the ones that are near dated. and cap would mansion to capture, if the april earnings are going to be coming up. one way to mitigate the expense of the ongss. the lower implied volatility when people are expecting big moves, like they seem to be right now. >> thanks, mike. and catch options action, friday 5:30 eastern time. the nasdaq is launching a new way to help or get ahead of

the next big ipo. the chairman of nasdaq's private market joins us next. and beakcy is bullish on the radar play. ♪ ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum. [ male announcer ] stick it to the market before you get stuck. get the most extensive charting wherever you are with the mobile trader app from td ameritrade. wherever you are with the mobile trader app so our business can be on at&t's network for $175 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential?

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♪ loves the beastie boys. and you have to groove to them. here i am. >> one of our traders is under the radar commodity play, that is outperforming gold, silver and copper. what are you watching? >> it's palladium. it's somewhat obscure. it's gone up so much because we've had a deficit in the market. you've had strikes in south africa. but russia is also the largest supplier of palladium, with 41% of the market. people are concerned that you're going to have at least some economic sanctions against russia. and you may not be able to get all of the palladium out. >> is most of the climb in the

past few days? >> it was climbing before that. the past few days were fairly steep, though. >> and cars, really? >> the converters and what not. >> it's to play the bining, swc. it's a u.s. company. they contract out the palladium. but there is palladium in the u.s. if you look at it's had a great move. but stillwater mining. it looks like -- >> you're bearish gm. there's enough of a shortage here that that offsets. >> right. it's not like gm is going to go out of business. >> how can they do that? >> exactly. >> all right. we broadcast here out of the nasdaq market site. and today, nasdaq announced a new effort focusing on private companies. the private market is designed to help private companies to connect with buyers. joining us is bruce oust, the chairman of the board for private market. this was announced today. and people out there might be

familiar with second market and some others that really game to pop -- i don't want to say popularity. but came to the public's eye because of facebook and twitter. what's the demand for a service like this? >> we feel like we are going to solve a problem. we've been watching the space for the last couple of years. we think nasdaq private marketing can play a integral role. who is going to buy the shares? what information will they have for investors to buy the shares. and when they will provide the liquidity programs. we put control back in their hands. >> what information will be available to investors? >> that's the difference in the private market. you're dealing with a different investor base. they will have access to individual investors. it's really up to the company. certain investors will acquire

more date da than others. >> is this a way to make sure that the pipeline is full? >> it is extremely full. it is extremely full. but nasdaq pioneered electronic trading 40 years ago. we helped companies raise capital for 40 years. to help private companies raise capital. companies are staying private longer. the average company is private for nine years before they go public. we want to provide solutions for them. >> is the hope that you have the companies trade on the private market and when they go public, they will choose the nasdaq over the nyse. is this going to move the needle? >> we think it will be a major initiative that will allow private companies to control their destiny. and that's what this is all about. and this is an untapped revenue source for nasdaq. today, no revenues coming from the private sector. this is new revenues for nasdaq. >> will it move the needle for

the company? >> what size deals will this will be? clearly, there's a lot of capital-chasing. not a lot of deals. >> i think it's going to vary by size. initially, we start the program, you look at a company that wants to provide liquidity to employs. so they can buy houses, finance college educations. we're going to provide that program. eventually, there could be larger capital rises that would be deals in the future. >> bruce, thanks for coming by. >> thank you. >> chairman of private market. would you invest on these sort of secondary markets? >> i would, if i felt there was sufficient discount, which there usually is. i probably would be a stickler, wanting more details. >> how about liquidity? i would think for you and me, it's a big deal. and a lot of the companies may be doing this because of pre-ipo. but do you care about liquidity? >> i do care. but the more developed the markets become -- >> that could go with it, too. elon musk heads to the hill

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♪ probably note here, be sure to catch the nike ceo, mark parker, on "squawk on the street" tomorrow at 10:00 eastern time. what would you ask him if you could ask him a question? >> i guess, how they've been able to push their cost structure through. these guys are squeezing their suppliers. where are they seeing margins at a time when some of the costs to their products are going higher. we're seeing commodities go higher. i care a lot about what they're seeing globally. this is a global company. this is the classic to me, consumer meets luxury goods. i think trading this stock actively in the last ten months is something you do. this valuation is interesting. >> you've been in foot locker.

what would you ask mark parker to get information on your position? >> always future sales is that's important. i am in foot locker. friday, they report. so, i'm long. optimistic. let's talk spacex. and tesla ceo elon musk. he was on the hill with one mission in mind, space programs. >> launch vehicles actually made in america. we design and manufacture the rockets in california and texas. with key suppliers around the country. the russia main engine and the frame is manufactured over seas. in light of russia's annexation of ukraine's region, and military ties, the atlas 5 cannot be prescribed as providing assured access to space for our nation. >> does spacex have an advantage

over the competition? and he appeared with some of the ceos of the other companies in aerospace. >> anything elon musk has attached himself people are thinking of as cutting-edge. he deserves it. i would not be assuming that this is going to follow through. i think the events in russia, though, these, again, make great headlines. but it does not worry me about spacex. >> tesla? grasso? >> you want me to go the rocket car coming up. everything that he touches, to tim's point, seems sexier. i can say that in a fully male version there. i think that everything he touches makes a whole lot of sense. and the more he's out in front of the camera, i said this months ago, the more he's out marketing himself and his companies, the better those companies are. >> he's like a steve jobs. >> definitely. >> let's hit tweets here. we love getting tweets. you tweet it, we try to trade it. these are the best ones.

this is for karen. does bank of america have more room to go higher? >> yes. i believe it does. i wouldn't be surprised to see the stock at 20. that's what i'm looking for. i hope by the end of this year. that's what i think. >> tim? >> yes. >> zynga, good growth over the past few days. will it keep going up? is it a buy? >> zynga to me, on valuation, is not something i would touch. zynga is one of the companies i think in a show-me state. i think it has had a decent run. it's not something i would be chasing into. and i would care a lot about their ability to report the same kind of numbers over the next quarter because i think they had a great quarter. >> b.k., first solar. >> i say buy it. >> what's a longer run in the world of b.k.? >> a couple of years. >> like a lifetime. >> typically the solar names will trade with oiler.

oiler goes higher. with oil flat over the last several years, everybody's starting to install solar. enough bankruptcies to clear out some of the dead wood. here, you have a company that i think has a long way to go. >> tim, on solar, where do you stand? >> i'm very bullish. >> still? >> brian talks about the supply/demand evening off. but the install capacity going on in that part of the world. very big project that they're going to guarantee a lot of the supply goes through. >> does the default factor into the sector in china? >> on some level, again. let's root out the bad players. most of the bankruptcy. and solar went bankrupt last july. a lot of the solar names in china, their low point for the balance sheet was 18 months ago. a lot of the guys that are functioning and are doing well, had gotten to a place where they

have decent balance sheets. >> this is for grasso. is dreamworks going to take off from here or go lower? >> it must hold the october lows. it's bouncing along that level. it needs to hold that level. you have to give it a couple of days confirm. i'd rather buy it above 30, versus trying to catch it here. a diversified play, you want to be in the same arena, disney. >> lionsgate, big day ahead of the divergent premiere. presale tickets were great. >> lionsgate have been on a tear. for me, i would buy lions gate right here. netflix, again, has their own content at this point in time. that's another place to look. >> tim? >> disney, for example, is a place where you're paying a premium for content and they will continue to earn that premium. this is a part of the space i like. and i this i you have a new paradigm for multiples. we come right back, stay tuned.

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this is something that caught my eye today. shares of maxwell technologies went up that tesla showed interest in the company. we received a statement from maxwell. we called the company. they said our products are complementary to batteries and electric vehicles. we do not have a business relationship with tesla at this time. we don't have anything further to announce. this stock, under the market, that we normally talk about, 400 million or so. it was worthwhile since it had to do with tesla and saw a pop. no relationship with tesla. let's get to the final trade. around the horn. >> go to brazil. czz. a good level on the stock. seeing increased ethanol demand from the u.s. >> brian? >> i like t.k. that one. >> karen? >> we talked about foot locker. long fl. >> grasso? >> talked about at the beginning of the show. bank of america, is up 10% on the year. jpmorgan is flat on the year. goldman sachs down 3%.

citigroup is down 5%. bank of america is telling you something. the chart is telling you something. i think it breaks out from here much higher. >> i'm melissa lee. thanks for watching. see you back here at 5:00 for more "fast money." don't go my mission is simple, to make you money. i'm here to level the playing field for all investors. there is always homework in summer and i promise to help you find it. mad money starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. call me 1800-743-cnbc. the froth police were out big time today telling us how this market feels totally like