"fast money" is coming up in a few seconds, melissa lee, will you get details from microsoft and apple in the calls. >> we are trading the details. also we got a big move in herbal life shares today. one trade is from $60 a share. we will get an update on how he is managing that. a lot of other people are on the boat at this point. >> i hope he is doing fine. >> "fast money" starts right now. i'm melissa lee. apple's conference call, the company beating still, shipping numbers for iphones and ipads, our own josh lipton spoke with him before apple's call, josh will join us coming up, microso forth earnings fell short of expectations while revenue beat. that call at 5:30. will they give details on the job cuts? we will bring you the headlines as they come in, our traders tonight, let's check it off here with apple. >> listen, i don't think it was

too unexpected here. i think the call is going to give us a sense for how they feel about this. the trade has been trading off profit cycle sent im. if you have been in this for wearables, all that other stuff, it doesn't matter, it matters about these two iphones coming out. they beat on gross margins, that is the one thing that has stock unchanged. i don't think anyone was going to sell it on this quarter. that probably makes sense when you think about how complicated these two new iphones are going to be. this is new for them. they will do two sizes in one period. that usually puts pressure on mar jens and to enter a few category like an iwatch or something leak that. i think if you are long the stock here, you should be happy about it. it sets the stage for the stock to move higher into these products. >> we think the gross mar jens will be lower as they try to draw down inventory. the fact that they are in a line could be a good thing. >> you look at three of the four aspects of this, max ipads,

iphones, average selling price is not good across the board. tear margins were better. the product mix is improving, i guess, i think the quarter is very good. we will give them that. i think this stock the trend continues. >> listen, the quarter is good if you have. it's good enough for this stock. they have a few product coming up if they didn't have that, you'd look at the internals and say, there is a problem here. their ipad sales are down, they have a few product. they better get it right. . >> why are you getting mad? >> first of all, i was very late to the game with apple. you have a bigger phone coming out. there is a lot more stuff going into that beggar phone hypothetically, right? markets should get squeezed a little more, wouldn't you agree? >> i don't know. >> i think it should. take two. just sit, but i have been wrong

for $100 presplit. to dan's point, i think are you at a trading range here, 85 to par, you are almost smack there. so i have a half position on, i'm waiting for it to break one or the other. i think it will be drawing the par first. >> i think the margin is frempbdless, gross margins are down 5% since september, 2012 when the iphone 5 came out. to me, if you see a margin that settles in, remember, these are very commoditized products. margins will be lower. you have to think about a stock trading on a five-year basis on really a performism basis at the highs in the last five years. . >> nobody cares about. because they buy the stock because of a few product. they think it will sell. nobody cared about the metrics. >> will they hold the stock based on that? >> the point is it's approaching

the highs, right, seven or whatever, people are made whole? >> these holders, these top ten holders, these guys are thick in the game. people will sell apple last when each individual stock, two-thirds of the overall market trades with the index, right? people seem to hold on to apple, white knuckle. that's the last thing they sell. >> we have to go back to 2012, it was getting killed. let pe zell tell you something, it was a sentiment trade. >> fourth quarter this year will be the time to sell. >> there is enough in this quarter for bears to spell they haven't done it yet. >> josh lipton just spoke with apple ceo tim cook. so, josh, what did he say about the quarter? >> reporter: let's get right to the numbers. 128 on $37.4 billion. that eps growth rate, by the way, 20% year over year, that's

the high effort growth rate in about two years. i did speak to ceo tim cook. he said it was the best excukes of any quarter since he's been at apple, just walking through the product categories, apple sold 35.2 million iphones. cook is saying the real growth there, brazil, russia, india, china where iphones are up 48%. developed mark not as strong, cook said he chalked that up to consumers delaying purchase because they expect the new devices to hit this fall him in terms of ipads, 13.3 million. they were slightly less than the street was looking for, cook said china is up 50% if developed markets not as strong, he told me he is comfort wabl that bifurcation, that usage was offer the charts, they are excited, he said, about the products lined up for this category, max 4.4 million. software and services itunes and app store that revenue up 12%.

finally that closely watched gross margin, 39.4%, better tan expected. cook chalked that up to execution and costs. he said that was a blowout number for them, find the guidance, q4 refer few guide the street was looking for 40.6 million. >> thank you, josh lipton. let's now bring in piper manning, great to have you with us. >> hello. >> hi, i want to first go to the par gins in terms of the big margin beat for the quarter reported and how do you interpret that? >> well, i mean, you have already talked about it. that's real take away. there is two take aways. one is the margin, iphone is 57 to 52%. it doesn't sounds like a huge difference, but that's where they really drive that margin. go back then months ago as we are entering the september quarter, investors were petrified apple's gross margin

was going to perpetually decline. i think that's the strength. it will be give investors some confidence. you talk about the gross par gin guidance, one thing to keep in mind, a lot of the substance of the new products will hit in the december quarter. we could see sloppy par gin guidance if december. the other big take away, they are reiterating, this extremely high bar they have as far as products and services the year, so if are you an investor and you are holding it for the products cycle, it seems like there is still clear sailing until we see the substance of those product announcements. >> in terms of what they said if terms of the product launches, there have been reports they would be delayed until later. are you getting indications as to what they are saying as to whether or not that's true? >> i think that's exactly what will happen. if you boil down to it, for every week the $2 billion difference in the guidance, that's a week of iphone sales, i think what you are looking at is

probably an iphone 6 launch the last friday in september and previously post-people had thought that it was going to be the sec to last. so we're splitting hairs. it doesn't change the story. that's water going on with the gains. >> looking out to the emerging market, china, josh point out it was a bright spot, up 50%. half the price of what the iphone 6 approximately would be. it says they are launching a fitness for xiaomi's new aumpblgs. are we expected to believe this trajectory in china growth will actually continue? >> i i think it will continue. it's extremely small unit numbers, if you look at cone mobile, 230 g subs, we are still scratching the surface. so they've always had a very hotly competitive market there. i think there is some easy room

for them to grow because of coin mobile. >> all right, thanks a lot for your time. i appreciate it. >> thank you. >> i will ask you to venture a guess if terms of how apple fares for the rest of the ar hours? >> i think it should trend higher from here, fewped to share it. we seen it before. it's not happening now, which leads me to believe the longer we stay at these levels, the more it will go higher. i think it rallies from here. >> microsoft shares slightly lower after missing an eps, gearing up to start the call in just a few minutes. we will bring you all the headlines as they come in. investors are not buying bill ackman's herballife speech. we have the latest on this battleground stock coming up. with state farm, buo saved 760 bucks. love this guy. so sorry. okay, does it bother anybody else that the mime is talking? frrreeeeaky! [ male announcer ] savings worth talking about. state farm.

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. shares of microsoft reporting better than expected saeshlgs let's bring in the manager director on the "fast" line, he has a buy rating on the stock. what did you like about this quarter? >> this is definitely a step in the right direction.

it was a balance beat. i think the pc around renaissance demand cycle benefit microsoft and cloud is a pillar of strength. that where the dow will put its vision around. nokia is a battle. i think investors are seeing through that and looking at a pretty healthy microsoft into 2015. >> was this all the price going into the stock ahead of the quarter? >> you can definitely see a pause given the cost cuts the last week ahead, i think as investors digest this, you look out to fiscal 15, i think more and more you feel like they're hanging in the right direction. can you see more investors buy into the stock. i wouldn't be surprised to see it with a 5 in front of it with this sort of mobile and cloud strategy playing out. >> dan, a five in front of it. i'll preface this by saying we thought for a while now microsoft was up to 45. we thought last quarter was unbelievable, the best quarter if probably 20 years.

this quarter was okay, not great. now it's close to 16 times forward earnings. how does it get to a five handle from here? >> i think it's all about gross. can nadella turn around the nokia business? it's 3 to 8%. that's one thing. it's really about a cloud centric strategy. i think it all gets weeded out with windows 9 which comes out in early 2015. as investors view maybe a new microso forth. are you looking at a new to high single grower. margins start to improve. once we get to the folkia piece. and you finally have a general weeding the troops in the right direction after a decade of pain with steve baum mer. >> hey, you talked about the pc cycle. some resurgence there, certainly something talked about for a while. what innings are we in now, the seventh or the eighth?

it seems to me this is played out. >> i think we're in the 6th inning. it's a critical period for microsoft. it's giving them a smoke screen in terms of the renaissance, he has to show some tal lons and numbers. as we head into 2015, it comes down to cloud. if nadella is not able to do that, to that point i think it will be tough for the stock to move much higher. when you look in the clouds, you see that shadow, it's nokia, if nadella is up at night. he's thinking of the nokia business. that's the key to turning this around. >> he talks about a five handle. he is looking at a 17 tiles calendar year 15 multiple him dan, you think we see a five handle? sample not any time soon it was my honeymoon as well as his was. this has been amazing. >> i don't know if that's more of a judgment on your honeymoon or his. >> all of a sudden the stock is

up 20% in the last whatever, i mean, all the stuff, nokia, they shouldn't be there. you know the cloud stuff, he was leading the cloud. >> he was ahead of the cloud. so i don't really understand all of a sudden why we will place the highest multiple on this stock. >> we have a lot more latitude to continue the space. >> probably a held of a lot better margins going forward. >> it's a family show, grasso. >> you put up the honeymoon stuff, look at this stock, up 19% year-to-date. ibm is up 3% year-to-date. people have been giving them the pass, yes, to dan's point, i think with the cloud, if they continue to move the shift towards cloud, better margins. >> he just sold microsoft. >> i wait until the low 40s. i saw it last week, everything we see now is last week's fuse, you sell your pumpkins futures before halloween. >> i always forget that. thank you. >> we get an earnings alert with dom chu.

>> so pell lisa, if you look at two insurgical, the company is reporting intuitive surgical is having da vinci tell in earnings dekrein tmpl company did earn $2.70 cents a share. it's interesting, we don't know, there is a question whether that's comparable to analysts stills. the revenue fell 11%. it was still higher than they were expecting in terms of sales, intuitive surgical shares are up about 12% in the after market. remember, they're da vin can i robot products did see declining sales. that might be one reason for the pop, guys, over to you. >> dom chuchl, thank you for that. >> i was looking at the short interest. >> this stock is, this is talking about a roller coaster ride, this is it. if you are fortunate enough to have captured this move, the quarter was i don't think good if you have to represent a 12%

gain. i feel bad for mrs. nathan who i know is watching right now. >> it's a verifies honeymoon, it wasn't 20% nice. >> i am going to save your hyde and go to break. >> i'm just saying. >> don't talk anymore. >> coming up next, not just apple or microsoft, other teches are out with earnings the late effort on all the after hours movers after this break. later when bill ackman speaks, herballife stocks soar. and whether our own dana than is sticking out his bearish stocks. stay tuned. . . are out with earnings the late

. .

. another big recall in the auto space. phil lebeau has the details. >> melissa, this is ignition switch related. it is not general motors this time. it is chrysler, chrysler says it is recall 7 into,000 cheap models, the 2007 and 2006 jeep commander and '05 to '57 ig physician switch. it's not saying these are defective switches. they are saying they believe there is the possibility the driver's knee could bump them moving them from the on position that would cut the electronics, the airbags, power steering, similar to what we have been seeing with general motors. there have been 100 complaints, one case an accident has been reported fought. injuries. what is interesting, the interesting thing to note is the

ignition switch is not made by delphi in this case. this brings up a lot of questions of whether or not eventually there will be a movement to get rid of these ignition and go to push starts. you don't have the knee bumping into the switch. >> phil lebeau, tanks for. that that was the gm recall, he had heavy key chains, they would put it in. >> that was a part of the recall. anyway, not to make light or discount the recalls, they're serious business, but investors don't seem to care anymore. >> we talked about the last time, we said, watch what's going to happen, you have other auto makers come out, have to do exactly the same. if there is a hint of a problem, they can't be behind the curve on this. with that said, gm, to your point, gm is the most interesting, still the best way to play, boring warner, bwa. >> all these companies are

hypersensitive at this time. i think it's not a bad time to look at these companies, they will get everything out, kitchen sink it. get it clean, the stocks can go higher from there. >> we have a slew of earnings after the bell. in our earnings trade ware, second quarter, guy. >> good enough. here's a stock going sideways along with dmc him they did that interview, a long time, three years, seems to be braking out. vm ware is expensive on valuation. to back that up, you have a huge shortage, if you made me pick from a beta trade, it's bmw. >> do you buy on perhaps they will spin it out or do something that might be bought or whatever? >> i think the headlines will be on my opinion, bullish backs it up. low bmw. >> tomorrow we should know on favourite mon "fast money". we will ask them to spin that company out.

all right, the company saying it will focus on broad band connectivity, stan. >> that's the big fuse the stock about a month-and-a-half ago got a big pop to multi-year highs, it's a low profitability for broad.c broadcom. stocks had a nice big run, it's a good company, they are doing restructuring things. i don't think you want to chase stories at this stage of the cycle. you want them to come to you. >> they have intel, invideo, qualcomm ahead of its earnings. >> i have been in the name. i made about 35% in the name. it's held the level where i sold it. this is a name that with all those wearables, that they're

going to be everywhere. i think there will be wind at their back. they will make a run at low 90s, maybe par. >> lastly, juniper stock. >> it hovered around 24 for the last couple months, obviously in competition with cisco, they have done better. these guys have not. if it's getting down to 22, that's where you want to watch this. if you get a bauns offer 22 b.k., start looking at it. >> there have been times when we thought juniper was eating the launch. perhaps the lump u launch has been reversed. >> it's funny. juniper used to be small and move on a dime, nimble. >> that's the word i was trying to search for. >> i try to help. >> i think cisco is much more enstant right here. >> coming up, the apple

conference call officially halfway through tmpl late effort when we come back. chipotle soars past the street's estimate, speaking burrito sales, mcdonald's slowing sales. how can you play the food space? we are trading all the big names a little later on. but what if ye of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running.

gotten a number of tweets, pbyi is the ticker. it's up 183% in the after market right now. it was a $1.8 billion biotech. it will triple in value. it has already traded $885,000 shares in the after market. that's triple than what it traded in the regular session. the reason why is it had an

investigational breast cancer treatment and it showed a 33% improvement if survival rates in a certain study. so again a breast cancer drug showing promising results, based on the study results, the company plans to file for regulatory approval of this treatment for the first half of next year and the study again showed a 33% improvement if disease-free survival compared with those receiving a placebo. the bottom line is biotechs got a perhaps promising breast cancer drug that's shown positive test results. that's the reason why the stock in essence tripled in heavier than average volume. >> as dom mentioned, a big company in this enormous pop. the binary nature, if you pick the right, you are golden. if you pick a loser, you are out of luck. >> yes, we shouldn't be racing into puma biotech. you have to mention janet

yellin's off the market cuff, whatever she was thinking, totally inappropriate on space not stretched for valuation at all. i think they put out a letter the next day. this pace is not exaggerated and the companies that are the retically bioteches that trade like big cat pharma, celgene being one. there are solid companies here that got call in the malstrom of what she said. shouldn't have said it. i like the space, still in there josh has been listening in on the conference call, what itself the latest? >> reporter: the apple conference call here, ceo tim cook talking about the quarter the company's execution in the quarter. here's what he's telling an a lists. take a listen. >> we had earnings per share up 20% year over year, our high effort growth rate in seven quarters.

we sold over 35 million iphones setting a few third quarter record. we 16 rated healthy growth in our entry price, mid-tier and lead icategory him i'm especially happy about our progress in the brick country. >> reporter: yeah, brick iphone sales up about 55%. also talking about ipads. the sale is there. here's cook talking act ipads for the an will lian analysts. >> reporter: our sales were gated, in part, by a reduction in channel inventory and in part by market softness in certain parts of the world. >> reporter: now, cook saying he wasn't worried about that, that customers are using their ipads heavily and pushing harder with ipad, business apps for apple's mobile devices.

>> josh lipton, thanks for that. as the street awaits the release of the newest iphone, exceptor samsung taking a swipe at the company with a new ad. >> oh, i think you need a bigger screen. >> that hasn't happened yet? >> woe. >> you foe that thing you have been waiting on two years and how it's supposed to be awesome and blow your mind? well, it's been here this whole time. but maybe you just like waiting. >> you must be happy. >> yeah. >> but more reaction to apple's earnings release, let's bring in analyst amit daryanani. those are the products you just heard, at least, you didn't see the ad. you heard the ad for the samsung. are you anticipating this iphone release will be the last week of september as our previous analysts had stated? >> yes, our expectation will happen sometime in the back of

september. it will be hard to pin down. two things to heil, one the september quarter guide implies sales up 3 percent sequentially. this is different on the historical practice flat almost down sometimes. that may suggest a modestly ahead of plans iphone launch or product launch. it's a positive, secondly, they talked about transition costs on the september gross par gins, ahead of what they called a busy fall some that again suggests sometime if september is when you should get this new iphone out. >> your price stock is $100 bucks. the stock is not that far from here tip. so what's your anticipation if terms of how this plays out? that's not a lot of upside considering two new product launches, probably e possibly three in the back half of the year? >> absolutely. we obviously haven't factored in some of the new products, iwatch exclusively in our margins, the dynamics, should they sustain

could take eps numbers much higher and could lead the stock to higher levels than 95 bucks at $100 we have. >> you just mentioned iwatch, this will be a refer new company this year. any introduction of a we'rable, a totally new device for all intents and purposes. how much can it move the feedle in the next year or so? assuming that apple gets it right. they'll be the ones that get it right as they've done in other categories, where they've entered after somebody else has already done it? >> yeah, if the iwatch is what we all imagine it to be, which is essentially a companion and accessory to your iphone, the numbers you will talk about is $8 to $10 billion. it's good. it doesn't change the story. now, the watch could be something that works independent of the iphone ecosystem. that product could be a much better 8 to 10 billion ref few

stream. is it a stand alone or accessory? >> it's a stand alone, that would imply cannibalization. >> professionally, yes is there that will be a problem. you gain on the iphone sales but lose on the iphone sales. >> yeah, again, the product is not out. so it's tour to imagine what this is going to be. listen, if it's on as separational brand. you could have a whole new bunch of examiners that would like to buy an apple product but couldn't afford an iphone. >> it's not a stand alone. . >> why? >> because they won't be coming out with a bigger phone. for the one wants to look at this. >> how about a child, a teenager? >> a little watch like that? i'm going to put radiation on my kid's arm? >> they already have an iphone. >> they're putting it down occasionally. they're not wearing it constantly. are you holder your iphone?

the answer is. i will start answering for you. i like the answers when i give them to you. you are not going to be stand alone. it's going to be in conjunction with the phone. it won't cannibalize anything. >> sam, what do you think? >> i thooik like thes astration like a sta -- i like the aspiration like the starter. i think it's the discretionary product that exists if retail right now. i think retailers are speaking. they don't really need this thing. >> once it gets lighter and keeper, you don't need an iphone. >> i'm with dan, if they didn't have new products coming out, this would be a tour quarter. >> they said channel problems? >> channel brobs and robust growth. this is a kane that would charter fedex planes to get

stuff overnight. why don't they do that? sounds like poppycock. >> dan has already insulted his wife. >> i know. >> mentioned starter drugs, in the next block, he's going to talk about nuns and the sisters of the poor. we look forward to that, folks. >> stay tuned. time for stocks and drops, big movers, harley-davidson down 5%. >> they're a great american company. the stock got hit today. they missed on earnings, slightly on sales, here's the thing the stockings had a huge returns it's down 15% to the all time highs. a couple months ago, if you get it at 60, that itself the level. >> grasso. >> kchl b. holmes, long this one, look for the recovery in this stock. forget about housing, look for the recovery in this stock, sooner rather than later. >> aetna up 1%. >> appellate court news for the entire space. py favorite in the space continues to be humana hum. >> hot for cit up 11%.

>> i like dan's honeymoon, this is a great day, not only great earnings, they also bought a company here. i think if you own it, take the pull back. >> paulsen was saying it's a nice win tore don paulsen. a good dropper. dan. >> droerp environmental mishaps, kim kardashian's new videogame "hollywood" is a surprise hit with the epa's office of water. on pond, someone using the official twitter count said i never seen a celebrity if kim kardashian "hollywood. "it was tweeted 28 times, now the epa said an agency employee triggered an auto generated tweet. >> poppycock. that's terrible is there that's the word. >> used again, poppycock. hashtag poppycock. microsoft's earnings under way him we get to the latest details right after this break. plus a mixed back for food stocks, we are breaking down the names investors are gobbling up.

the ones they are throwing in the trash. more "favourite" straight ahead. and thank you for your bravery. thank you colonel. .

until every kid has built those life-long eating habits, we'll keep working. let's get another earnings with dom, this time on irobot in

the after hours. >> irobot shares the company is reporting weaker tan expected second quarter profit and sales. it gave third quarter guidance below some wall street forecasts. you can see the shares down about 5%. i should say, though, 21,000. shares traded in the after hours. we did trade 1.2 million. a thinner trade, back over to you guys. this is a stock typically very volatile in the after hours. guy, you look like your employee. >> the cat video on the vacuum, don't we have that? >> the rumba. >> it's ready to go? >> every day of the week it's ready to go, daen. >> the stock gave back what it gained today. i think if you want to trade this stock, can you buy it tomorrow. >> what was that? >> actually a pick of dan's honeymoon. >> that looks pretty at this time exciting. >> is that a chicken?

>> no. >> is that a pigeon? what is that? >> a duck. it's a duck. >> fantastic. >> you learn your animals. >> keeping out of trouble, stan. >> really. >> let's talk, trouble? >> taking center stage, a slew of big earnings reports, mcdonald's missing the top and bottom lean the shares of the golden arches sliding into the session. coca-cola demand remained weak. chipotle flew past second quarter estimates. the outlook saw shares soar in this session. dan, what's your theory? are they connected at all? >> chipotle is doing things right. i would throw domino's in there, if you look attium, it's down 10%. domino's is taking sales from pizza hut. chipotle's is having a field day despite before. contract. 's best efforts. you know. >> so, you know, i think that you probably, it's hard to make

two secular of an argument. i think it's one on one competition. chipotle is one of these ones, you pick a top, good luck. >> i would think mcdonald's is a good story. neg tiver comparable guest traffic amid ongoing broad based challenges. >> this is not the, if we have seen that. the stock seems to be in trouble. you know, we've bounced it 1013 we've gotten up there, failed. you will hear people talking double tops, maybe the business is declining. this is a stock, if it doesn't behave itself, it's a 90 billion stock. >> dan talked about domino's. that was that next leg up. it's up roughly 10% year-to-date. you can make some money in domino's still. i would definitely be a buyer on this gift. >> really? >> you will see financial engineering coming. >> how much more financial

engineering? they will buy back a lot of stuff? >> a cash cow. can you see the stock going. >> i think mcdonald's is in trouble. they have an awful lot of competition. you have five guys, burgers and fries, your smash burgers. they're a huge transition. >> i think so. >> we found a passion. >> by the way a nice call by you on jack on the back -- go get a room already, geeze. >> grasso, are you just jealous. what's your call now? >> going higher. >> i don't want to giver away the goefrt. we do a thing called final trade. yeah. >> all right. wow. all right, despite today's divergence, traders are betting chipotle and mcdonald stocks could go higher. meek with more on this. >> both of these saw unusual activity. chipotle traded just under five pounds the most active options this. the weekly 680 calls trading

over 2 bucks. it made some sense that they would buy those. i thought the more interesting trade would have been mcdonald's. it traded almost six times the average daily volume. the most active options were the september 105 calls. the highlights were a purchase of 17,000 of those. the reason this is interesting, people long mcdonald's, this is a stock that doesn't move around a whole lot. it looks like an institutioned a been a buy right on this thing, long the stock, teleselling calls, they used this, the pull back and the decline to buy those calls back. i think there is a good lesson in there for investors. we will be loaning stocks that might be bouncing around. they go up a bit. if they fall back, that itself your opportunity to cover is there thank you for that. hit more options every friday. check out on our website optionsaction.cnbc.com.

bill ackman said he was supposed to driver another nail in herballife's coffin. shares actually spiked. what did microsoft ceo say on the conference call? we got the late effort headlines right after this. [bell rings] . you do a lot of things great.

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gut, it's always the bark is worse than the bite. it's similar to premier events that he's had. everything is agood afternoon ka until it's not a gotcha anymore. he has done some, made some outrageous statements. >> dan nathan has been in a bearish trade in april. the stock was 67. the stock, be i the way, a four-month high, not an all time high. >> my trade is an options trade. it had little to do with what mr. ackman is claiming. i believe he's right. i will tell you this. this is an adult swim/trade. you have to think about who is playing. when they reported their q1 earning, they issued a convertible bond to boy back shares. at higher levels only to squeeze ackman. i don't like it. this is a scuzzy company. i'm not telling you.

it has nothing to do with what ackman said. i read a ton of what he wrote on his website. given he is around for it and could expire before the ftc or attorneys general will come after him. i don't know. that's why it's an adult swim. >> they are pressing this, because his options expire. >> he said today that he's got a lot of over the counter options that are not listed. if you look, you will not see him on any exchange. he is a large bulk of the january 2015, open interest in the puts. >> quickly, let's play adult swim. tomorrow. >> i lover adult swim. >> tomorrow, after the speak. what happens? >> he is begging for herballife to sue him. that itself game plan. >> we come right back. stay tuned. . . wgg

final trade time. dan. >> microsoft, i don't chase, be a buyer, 42, though. >> k.b. homes, buyer, i'm still in it. >> b.k. >> the world has thrown everything at gold. it can't go higher. sell it >> we're like rushing. >> i don't know. >> it's a fun show, it was a

very informative. >> educational and entertaining. >> it was entertaining. i enjoyed tonight. >> jack in the box. >> i'm melissa lee, thank you so much for watching. see you foerm tomorrow for more "fast." don't go anywhere, "mad money" with jim cramer begins right now. my mission is simple -- to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm trying to make you a little money. my job isn't just to entertain but to educate and teach. call me at 1-800-743-cnbc. or tweet me @jim cramer. let me give you my impression of the peak right