"fast money" is coming up. >> we are fist pumping. the pre-sew ritual on "fast money" is to fist pump. the only question is whether or not you explode it or you just call it. >> you got to explode it. >> we explode i. that's how we roll. we were just doing that, in fact, before you came to us. in all seriousness, we talking about el poyo loco indicator. >> over to you guys. >> thanks. fast.starts right now. out to fork city's time's square, the traders are tim seymour, guy adami, tonight's top story the china breakout. the u.s. markets today are somewhat calm, there is lots of action if asia, the fx closing up more than 2%, the shanghai getting a seven-month high overnight. >> let's appreciate the cone growth him we came if before doing anything else, a big

breakout last night on big buy. one fight, a big deal. when you think about water going on in china over the last six months. i would say the macrodata is fantastic. i would say we have stealth stimulus. that lending, the currency, targeting certain parts of the credit cycle. so what do you do here? ultimately, the investment into coin has been very difficult. the fxi is break out. the big laggards hat a time when they're breaking out, people need to own the cheapest names. the dynamics and the shanghai comp, hong kong basically and the mainland are going to be able to trade each other's markets. that will open up an enormous amount of foreign capital and give people exposure to the economy. the bottom line here is china has been quietly outperforming. it is the cheapest major emerging market. you are far from missing it.

>> in terms of investing if major markets. the key is there has been trades on shanghai and hong kong and in theory, we can close that gap? >> yeah, it's a general idea. when you look at hong kong, that's typically representative of non-chinese residents being bullish on china and the region in general because anyone can trade them. the sxi tim mention reasonable doubt the largest companies that are chinese or hong kong based but trade on the londonp when you see the shanghai composite bottom, which a lot of technicians say are in the process of happening now, that tells you a much more exciting story. because that's local money. that's people's republic of coin investors in country believeing in their own marketplace and that is the type of thing that once it gets rolling, there could be explosive upside. the market has been depressed for almost a full four years now, has under performed just about anything can you think

only on a valuation basis screaming cheap. >> if you think about real estate and the real estate market in china, maybe so many people don't want to put so much concerns about it. >> that money has and can be going into the sparkt. >> let's talk about how the people here play, you don't play the home game. you play kwhoin u.s.-based stocks. a fame we have been talking about for a while. alcoa is probably the largest producer of alluminum for china, granted, alcoa is universal, china is one component. but this stock has been on fire since this time last year. we've talked about it. it pushes up to 18, in my opinion, morgan stanley upgraded the stock. there will be a react sell racing, i think it plays in the hands hoff alcoa. >> we talked earlier about the industrial metals. >> that area has been on fire, you look at cliffs natural, and a lot of the different names, tim mentioned a lot of the names, you look at the last couple of weeks, they have been performing.

this has not been talked about a lot. you see that performance. you look over at the chinese internets. this is not a chinese story or a two-woke story, up 17%. when you look at vips, these various names in the chinese internet world other than i believe there is one that has been faltering, tim, of like, yoko i believe it is, other than that these have been on fire as you see the company education stock pummelled. i think you have to be careful. a lot are reporting. e-house is another name. i think this is a great place to play the real estate market online services, et cetera. i think you have to be careful with the individual stocks, which is why the etf i bring up is k-web. it's up about 7% the last five trading days. there with is a massive happening for the index this product is based on. this is a much more facile way

rather than sus out yoko having a good quarter. is 10 cent going to be a hit or miss. for k-web, it's easier to get yourself in. those stocks are not selling at the extreme valuations. >> let's talk chicken. investor appetite for fire-grilled chicken. shares of el pollo loco, this is after 60%. our next guest says excessive el pollo loco could be a sign for the marks. dennis gartman, what does the el pollo indicator tell you about the markets? >> it remind me so much of what happens in the late '90s and early part of this century. you had goofy names. they make a great product. they price their ipo at a great price so that the public could make some money in it.

let give them some congratulations. but a lot of the market depends upon psychology and this just reminds me so much of the furor, the frenzy, the excitement that prevailed in the late 1990s in the early part of this century. be careful. you are up 60% in the course of a couple of days. it is reminiscent of the heyday of the early part of the century, i would as warren christopher utesed to say as the secretary of state, i urge caution. >> yet, dennis, to your point, i think the timing was unbelievable. it came on the heels of chipotle's quarter. >> that stock is making all time highs now, it seems like i can't speak to the valuation of loco. >> it's loco. >> it's crazy, but it seems like the space works. >> you talk about jack in the box for a long time. cmg is on fire him maybe is space makes sense, maybe it's not as far fetched as you might think. >> well, if you will look at chicken, look at the poo people who produced chechen. there you will see the people,

the tyson's, et al., they have their corn crops are plungeing, their profit margins will go aggressively higher. if you want to look at chicken. if you have to be involved in the chicken market. go look at the tyson's rather than crazy chicken and, guy, topping for mentioning alcoa again. i have been on the alcoa beat sense last october. people used to laugh at it. i think it is the simplest and easiest way to recognize global growth. it plays into alcoa. it's been one ofpy favorites. i've owned it. now my calls are in the money. i got to roll them up again. i'm happy to do that. i think that stock goes higher. >> agreed. i think 18 is the level it topped out at. probably two-and-a-half, longer than that. that's the level it trades up to, we'll see what happens when it gets there. >> i will push back. you can't speak to the valuation. i can. it's not as grievous as you might think as its traded.

we flagged this one on friday as a good buy. if you get any dip, i think it is, this is still a company that's got 400 stores. they have 11 same quarter same sales store growth. the market is willing to pay up habitually as it has been for chipotle for a decade notice. i don't see any reason why, if it delivers quarter after quarter as they have been as a private company, this thing can't keep a pretty good bit under feat it. >> go ahead. >> i think this is a challenge. this is trying to grow and expand rapidly t. jury is still out whether they can grow at this rate. the points that were made, i tried to compare this to some of the fast food nails, it deserves a higher multiple. ultimately i don't think you can let all things go out the window. >> this is a market conversation, we ended up talking alcoa in more specification than el pollo loco. are you neutral, more skeptical of being future tral at this

point because of el pollo loco? >> i am comfort annual being future tral of stocks. i like being bullish generally. i am back to being neutral of them. there is only one way can you be in a bull market either two ways, really long, reasonably long or neutral this is a bull market. you can't consider being short. listening to mark faber makes absolutely for the sense. he has been calling for that several years. it's still a bull market. you err on the side of being really long, reasonably long or future tral and given the euphoria over the ipos in the last several week, i think neutrality seems to be the place. i could be wrong. >> dennis gartman of the gartman letter, let's get a news alert and check in with bertha coombs. >> a change at the top, darden chairman and ceo clarence otis stepping down, relink wishing

the chairmanship to director charles bledsinger. he will stay on for now until a successor is found. he will leave by the end of the year either way, darden says it will nominate nine directors for the 12 available seats, insuring that perhaps at least as many as three of the nominees proposed by starburn value could be elected. starbird and barrington capital have been critical of otis. they pressure for change, they actually criticized the sale of red lobster to golden gate capital. so this is something that they have pushed for and it appears to be coming for past year very quickly following the sale of red lobster, back to you. >> who is the buyer of darden? >> i think there is actually a significant shortage of shock. it's never a good sign when the stock goes up like it does. you probably have a couple days

people case on the back of us. maybe it trades up to $50. yeah, i think you take a shock. >> bill ackman, shares of herbalife falling in after-hours session. the quarterly report next. a new way to invest if airlines. virgin airlines, will the unique silence strategy make it a bbuyr investors? >> high risk, uprisk, downside 20%. >> so this is a company developing for hepatitis b? >> this drug could cure hepatitis b. [ girl ] my mom, she makes underwater fans that are powered by the moon. .

. let's get a market flash on herb allife. >> it's moving not higher, melissa. ackman the other day, i tried to serving this shop, it went the other session, herbalife is missing second earnings, second quarter earnings came if short of estimates. earnings also missed by a penny,

revenue guidance lighter tan expected. the ceo saying it was a strong quarter. back to you. >> steve. >> if you look at the options, the indications going into this actual report tonight they were looking for a $7 move. they are getting about a $7 move. we have to see if it presses past that right now. really, the options were indicating they doubled in the applied volatilitys. expecting a move like this. certainly getting the move expected after the hours. >> family dollar soaring, kicking off the top stradz tonight t. discount retailer up dollar tree for $7.54 a share. pete. >> a 20 billion unit if these discounts. nobody was looking for dollar general to be involved. they're not involved in this whole pos process. the ceo announced he will step down as well. wal-mart, i don't know we have a lot of answers. i don't know you can do the direct comparison to say this is right going after wal-mart.

wal-mart is exploring the idea of going after smaller as well. maybe competes. this is a huge deal, obviously, a monster deal. >> a retail analyst earlier on "street signs" said there was little overlap between commerce and inventory. the costs may be minimized. not as much as people hope for. >> i don't think these guys take on wal-mart. now there is 13,000 deep discount stores. the does give you credibility with your logistics and supply cane. >> you wonder, though, target is a stock that's clearly under performed now for quite some time since the spring of this year. it's a name with the park going straight up, this has effectively gone from 72 to 60. does it put a target on them to do something? i'm not sure. if it holds right here, it is interesting. >> moving on to another deal, this time in the housing space, trulia agreed to be bought by

zillow for $30 3.5 billion. >> there are a lot of moving parts, to me that trade has gone by the wayside, i think the i it's, move, m-o-v-e. stocks had a nice move today t. caveat is they report tomorrow after the bell some i would wait, see, hope it's a disaster. i would try to buy it on a dip. if youp to beta move is the way to play. >> what is your theory? the short interest is not that great. >> you are right t. valuation is excessive. this stock hasn't moved now in years. it's finally starting to breck out. once a trulia zillow deal ends up, they gobble up the move. >> back to the deal, you are right. it has been totally priced in, i don't think analysts know what to do. a lot of guys are looking at it. stifel nicolaus was looking at the priceline to try to impute a form of valuation here t. point

here is there is a significant expectation for these two companies to dominate north of 50%. i think a lot has been priced in. i would be very cautious to coat tail this. >> solar sales of ge technologies, all trading lower. the u.s. commerce department is placing solar panels on cells through china after finding the products were sold too cheaply here in the u.s. >> this is something that's been expressed for a while. what we didn't know is how ownerous these tariffs would be. they are pretty bad. the good fuse is the bolsters solar manufacturers. you saw a really nice rally today and shares of sun power and first solar, which i own, i think that can continue. now you will see this preference on the part of investors to pay up for the u.s. names and skip some of the international effective. >> the gt is interesting. it goes into apple.

if you are a believer as you are in the apple story, does this hold back any sort of buying opportunity in. >> i think it is, i agree with josh. he has been talking about first solar, josh has been right. a lot of people said this stock was dead money. it was going to zero. we have seen this big resp lucian going back, buying more and more of this. that stock continued to move to the upside. it's not that overpriced. josh, right now do people jump into this? i think you have jumped in recently, as a matter of fact? >> here's what i'll say the valuation is what they call in the industry growth at a reasonable price. this is not being valued like a social media stock or a biotech. it's not the cheapest stock in the index, given the projects in the pipeline that, i have more important things that they can do. given the partnership they have. ge owns a stake in first solar. i think this stock is under valued. it should trade a premium to the higher group.

if you ask eme, which one moves up in years, it's first solar. >> it's three times the previous one, so the maturity o. space, sun edison is an acquisition. that's why these names are going up, too. virgin america announces it is ready to go public. what it means for the rest of the airlines. that's next. plus, is twitter dead money? tim seymour thinks so, josh brown is staying bullish. it's a street fight of epic proportions heading your way. we want you to cash your vote. who do you think will win? you can log on to cnbc.com/vote and tell us. you can vote as many times as you want. back in two. . .

you may recognize this airplane safety video. if you've ever flown on a virgin america flight the airliner is planning to launch a u.s. ipo according to a few filing. cnbc's phil lebeau joins us with the details. >> they say strike when the iron is hot. this is the airline industry, you see the return over a year or some here's what's going on with virgin america and for the time on when they start trading or a price. keep in mind, they first posted its first profit last year. that's the first time they posted an annual profit just $10 million. it has to be funding the

expansion of flights and route forget. remember, most of tear flights are in and out of spraens and lax. they plan to do more with the dates they acquired as well as in washington and reagan. itative got nice assets for building up their network around the country. look at the returns over the airline index compared to the s&p 500. if you heard the commentary out of san diego from richard anderson the ceo of delta or jeff schmeiseric, they're bullish on what to get from the third quarter or the industry should get from the third quarter. who owns virgin america? a lot like to say richard branson, that's not the case. cyrus capital. the vir jen group which is richard branson's company, they own 22%. remember, guys, because of the laws in place here in the united states, foreign entities can not own more than 25% of any airline. even after this ipo, richard

branson's virgin group will not own more than 25% of virgin america. a lot of people are looking at this and say this makes sense, this is the time to do it. there is so much enthusiasm. >> in terms of an overlap, phil who is it closest to? >> well, it's hard to say. it is a little of everybody. you are going up in l.a. and san francisco against united and american, they go transcontinental. they will go down to dallas, so there is some competition there with southwest and american, they come in here to chicago and other cities, so they're not a truly national airline in the sense that they're going to as many cities as the legacy carriers, they're going in that direction. they are expanding. >> thank you very much, phil lebeau from chicago. pete, how would you trade it? >> i think when you compare this entity to somebody else, you can only look at southwest or jet blue. they're only 22 u.s. and mexican airports where they fly in and out of right now.

this isn't direct competition, it's something far different and when you look, it's really a certain type of an airplane right now, the single fleet model, when you look at that, that looks a lot like the southwest pod el. there is plenty of room for expansion, obviously, they are striking while the o'ron is hot. i think it's a great opportunity. i'd be interested. we all know about capacities and the ability for pricing power. >> jet blue sold off on the back of. this i think jet blue's head competition, delta, american, that's probably the pain ones. i think jet blue goes higher. it traded north of 11-and-a-half bucks. it sold off today. the short interest makes me think it's to the upside. it's north of 20%. >> water given a lot of the u.s. carriers upside more than the europe ween puns. delta gave the tirk margin guidance, some due to jet fuel, some due to cost energys. higher multiples, especially for the u.s. guys, seeing domestic

prices is very firm feempb the transatlanta stuff is lower. delta, every time it has traded lower, it has been the trade to put back on. some people say $5 bucks in earnings if 2015. >> unless it's an unusual activity here. pete is watching hayaktist. >> really interesting stock the year-to-date production is up over 30%. some are taking the money off the table. they are ruling it out. a huge trade going out, selling the august 11 calls, actually going out, buying the january 12 calls. this is a fame moving to the upside, very much tied to the cellular space. you look at samsung, rfmd tied to the whole space right now. they've crushed it last quarter when they reported on july 24th. you expect to see something going 40 into january with the rollout. 13,000 were bought for 70 cents. i'm in the stock. i bought these options as well.

certainly, a lot of people here today. >> coming up, will the iphone 6 launch push apple shares? that's up next. later one of the top ranked bioanalysts saw big gains ahead for this stock. high risk high reward upside 100 to 20%. downside 20%, that's aroarrowhe. they are creating a drug for hepatitis b. >> we are talking in an exclusive later on. .

at this time tomorrow, we will be listening in on a twitter conference call. we got a street fight over whether twitter could have a blowout. apple closing at its highest levels. we have an analyst that says the stock is going higher. it won't be because of the next catalyst. a biotech stock that could see 200% upside. arrowhead ceo is coming up. twitter is goering up tomorrow fight.

it is time for a good old faxed street fight. josh brown is a bear. you should foe, you can get in on the action. lock on and vote on your pc tablet or phone, kals your vote for who you think is winning live. starting right now, we close the vote at the end of the battle. you can vote as many times as you want. 90 seconds to make the case, josh, kick it off. >> you might as well change the name to el tahitio loco. that won't be the important part. for will valuation which tim is about to drone on and on about. facebook sells at 65 tiles sales, has not stopped the stock from going crazy to the upside. here's what we should focus on, monthly average users, revenues per 1,000 time line views. the goods fuse is both metrics began accelerating in q1 vs. q4.

there are 62ple tweets related to the world cup. that's all engagement driven higher. you have the few cfo, he knows how the play this tweet. >> time for tim. >> josh, ul patly the world cup is one off. let's talk about the fact that the stock has rallied off of oversold conditions. this is a home maus is what we care aboutitative 25% in the first quarter. they will be lower in the second quarter. this is a big deal until they roll out few products. the street right now is punishing companies that are high multiples. we won't talk high valuationsch everybody foes, companies that don't make money and drop donuts on their earnings are stocks to avoid. because this stock has already been beaten up somewhat. this is a stock that is not growing. >> one counterpoint it's a facebook, five quarters to check into gear with the analysts.

once they started, it started rocking. >> the third quarter. >> way too early to figure out how they are monetizeing. >> keep voting. keep voting. by the way, guy. who do you vote for? >> first of all, tim failed twitter on the low, absolutely failed it. bought it at 30 bucks, it was a great trade. much kudos there. >> it sounds like a -- >> no, what concerns me about twitter. the facebook quarter was so strong, i to the they should have rallied on that, it didn't. >> that concerns me smart man loved his outfit. >> really? >> give it to tim. >> you know, it is very difficult to go through this whole thing. i give trb a little credit. he said tim would drone on and on. i think trb beat you as far as the on and on. in terms of the stock, itself, i actually think two can when. apple versus blackberry.

both are winning, apple absolutely crushed them. i actually think twitter is doing a great job. it's not. they are stealing. >> number one. >> the people will speak. we will close it out. >> the hedge there. they didn't tap it out. >> he tapped out. >> it was very tight. josh won with 51%. 51 worse. >> they did a good job. there are good points on both sides of the debate. tomorrow will be a shock to everyone because it's such a few situation. >> the conference call starts at 5:00 eastern. full coverage in the entire hour of "fast." we have breaking news on zillow and trulia. . >> melissa, trulia filing an 8-k and talking merger fees.

among the details if zillow is unable obtain shareholder approval, they would owe trulia $150 million breakup fee saying if they are not able to get regulatory approval for the deal also it would be $150 million. an interesting caveat here if either side enters into a deal with someone else, they pay be required to pay the other nearly $70 million as a brang-up fee. so trulia, if it enters to deal with someone else would be on the hook in this case to zillow. back to you. >> thank you. time for stops and drops, big movers of the day. . >> it was a tough day for the housing sectors. a lot of people are concerned about the nine-month lows. demand may not be there after all. >> pop for tyson foods. up 3rs. >> they crushed on the revenue number. when you look at how well they did with the pork sales, it was

a one part of the business killing it. the stock was rewarded today. i think it goes higher. >> that caterpillar, international demand is weak. u.s. demand is fantastic. they've raised their sales outlook this year. they were somewhat cautious on raising their profit margin expectations. i think that was a smart move by the company. >> a drop for blackberry. >> a last time we were towing, we talked about the potential for the topic. that's come to fruition. you made a great point when the apple-ibm fuse c out. you were spot on. it goes down 9 bucks. >> few reports out today say production of few iphone and ipad pay be delayed until november. investors don't seem too worried. the stock closing at its highest levels. it will push apple even higher, the managing director and analyst, brian marshall. good to see you. what are you modeling right now in terms of the iphone 6?

and what is in your model for apple in the back half of the year? >> sure. obviously, it will come at the end of this quarter late in september. you probably only get a couple days of buying in the quarter. the quarter doesn't matter from a numbers perspective in our view. we currently project in the low $60ple range. that's basically going to be supply constrain. there is so much demand for this phone. we call it the demand of upgrade cycles. you think of iphones world wide. we still about 100 million iphone 5s, ferdz, phones not eligible for the upgrade, everything else, 200ple units, the larger phone. so there is going to be a lot of wood behind this arrow when it comes out. we think that will be a pretty good deal. >> where does it leave it in terms of the iphone space? tell us where you think this is on the par gin visa tree other

margins? because people are hoping they can hold that margin? >> sure. so federal government year, we project a little over 200 million phones, iphones that is. we think the majority of them will be ifine 6. so the split obviously hard to tell between 4.7 and 5.5 inch modem. we think the vast will be iphone 6. we estimate preliminarily obviously the build materials are the bomb, will increase about $20. a beggar screen, maybe some better characteristcs on the screen as well as a beggar battery and silicon content. we think if they bump up the price a little bit on one of those stones, it will be net margin neutral. so we think still think the margins on the o'phone will be in the 40% margin rage in calendar 15. >> brian, from terms of i'm just as excited as the launch of this new phone as you are. you talk about valuation. there is a lot of reasons you have a $105 price tag right now. with all of that cash, what do

you think? mr. icahn has opinions, everybody else has opinions, are there companies to plooi buy in the supply chain? are there companies they need with this cash to beld up the rest of themselves or what should they be doing with all that cash, in your opinion? >> in my opinion, i think they should be continue doing what they are doing i think growing the dividend double digits per year will help. most importantly i think is people. i think the company is only going to be as successful as a company as the employees that work for it. in particular the design talent. the engineers, so i would be looking for assets to buy that have phenomenal teams. so at the end of the day, they buy beats. obviously, they have good guys there. i was a little disappointed to see nets go to goggle. i think getting a tony and the old apple team back at apple, obviously, they fouvened net. i thought to get that team back you know it would have made a

lot of sense. i'd like to see them be more aggressive with respect to the acquisition of talent going forward. >> brian, thank you for having with you us. let's talk about that $105 price target. that not much upside from here. do you think it's too conservative? >> until it hits 107 and they raise it. i think thing to is going higher. i think analysts in general on apple have been following it a bit. they fol follow it on the way down, they got massive pessimism in. now they seem to be following it up. try not to pay too much attention to that stuff. i think the iphone 6 will be massive on the property. i can't see the future. but i don't see a competing product that will give et any trouble from braking that record. the new operating system i have seen. i think it's phenomenal. >> why shouldn't we pay attention to the sentiment if terms of maximum bullishness? is it the same as when we were

going out to 700, right, exactly? >> it doesn't feel that way to pe. it seems like it's sort of calmed down a bit. we have been saying since the split we thought it was going to 100. here we are now. we will see if and when we print a hundred. i have been in that camp. you don't have a lot left. >> shares of biotech from arrowhead research up more than 260% over the last year. coming up, we talk to the ceo and president of arrowhead research. right after this break. more "fast" straight ahead. . ) visit tripadvisor san francisco. (soothing sound of a shower) with millions of reviews, tripadvisor makes any destination better.

bun biotech company may be on the cutting edge for finding the kur for the most common liver infection. hepatitis b. the stock is up more than 260% over the last year. deutsche tech president flagged this for us a few short weeks ago. take a listen. >> high rick, high reward upside, downside only 20%. that arrowhead. there is a company developing a company for hepatitis b. it could cure it. there is for the dated man. when they come third quarter. we could see the stock move a

lot up. >> let's bring in the president and ceo of arrowhead. chris, great to have you with us. >> thanks for having me, it's good to be here. >> a lot of people are looking for data in the therk. specifically in r 520 which is the drug most people are opt mick about the hep-b treechl i want to walk it back and take a look at the study on single chimp. analysts are sy saying people are reacting by r-5 when the. maybe that doesn't necessarily have implications on how they will receive r-5 when the. does that have anything to do with what we should be expecting in the third quarter? >> yeah, it's a great question. so, let's take a look at the biology of hepatitis b first to understand what we're looking at here. hepatitis b like any virus once it arteriovenous malformations its sale, the liver cell causes that cell to create a new virus. it does what any other virus

does, it creates have very large quantity, that keeps the immune system from clearing the virus. it's been the holy grail for hepatitis b research for years to find a way to turn off that protein. we believe we have that way. we have the platform called r interference or rni, we turn off the models. what we found in the chimp was shocking. we found deep and durable reductions of the production of a few virus and deep and durable productions of the protein that the immune foe suppresses the animal. we were not able to continue studies with this animal because we had a sort time with it. for that short period of time we saw a clear knock down of this gene product. we are excited about it.

chimps are huge in hiv vaccines with we hope that's the same for this. >> even though some analysts out there take a look back on that chimp data and say maybe it would not be predictive of what happens in humans, you actually think it would be predictive so you are optimistic if this next phase that should be due out in the third quarter? >> yes, what is due out in the third quarter is some results from our finding study, phase 2a study if patients in hong kong. and we believe there is a high likelihood we will see deep and durable income down of this protein. we have done studies in other animal models. i am showing reliable and safe productions of gene products. so we feel competent that we will be able to reduce expression of this protein. >> clearly, a lot of investors

out there focus on hepatitis treatments and hepatitis cures, thanks to gilead savaldi truck and hep-c and how that franchise ended up being ska e xard to what analysts were expecting. it was two times as big, is that the way we should think about the potential for the truck of yours? >> i think so. i think hepatitis b is, you know, a tremendous unmet medical need. what we have is somewhere between 350 and 400 million, one if 20 people on the planet. there is no cure right now. so i think if a therapeutic is able to enable a cure or a fungal cure, i think it's going to be transformational from a public health standpoint. it will also create a lot of value. we view hepatitis b as the sort of next help tights c as you point out, there are twice as many people with hepatitis b than hepatitis c, but i think

that gilead developing this very powerful drug shows us what a good drug can do against a pretty nasty viral infection. >> last quick question, chris that, is gilead, it has a great stock price now. could it be a possible acquirer of arrowhead? >> so, we have plenty of cash to push this program all way through phase 3. we think we have an awful lot of value here. we are really focused on developing this drug ourselves. we think gilead is a great company. we think there is more value for our shareholders by holding on to this asset and moving towards registration. >> thanks a lot for your time. the ceo of arrowhead research. a volatile stock already in the after hour session. >> with a ten handle. i don't know what the volume is, trading with a 12 handle. they are trading so they can go it alone. we had the analyst on.

it becomes pretty binary. i thought the cell was too much. obviously the market thinks that as well. i think shis a risk rea ward, traders are good on the long side. >> twitter isn't the only company reporting earnings tomorrow. we will tell you where traders are betting the stock will head right after the break. more "fast" straight ahead. 17 my shut down in america. . d what we've executed without having citi side by side with us. their global expertise was critical to our international expansion into asia, into europe and into canada. so today, a customer can walk into our store in singapore, will design a custom bag

and that customer will have that american made bag within a few days in singapore. citi has helped us expand our manufacturing facility; the company has doubled in size since 2007. if it can be done here in san francisco, it can be done anywhere in america. just take a closer look. it works how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement. and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review.

let's get to today's option, a mike co-is taking a look at win, big bets ahead of earnings tomorrow. >> it looks like it traded four times over the daily volume at the end of the day. the most daily action were the september calls, they were making bullish bets the stock could be up over 6% by september exploration. both times it was up 7%. that's reflective options were fairly reasonably priced for anybody looking to make bet one way or the other, looking for a little over $2 a share which would represent a little over a 30% increase in earnings over the same period last year. >> thank you very much. you can catch more options action, check out the website at options action.cnbc.com. tonight on "mad money," with interest rates low, cramer has

blockbuster opportunities, epr properties interview seeing if it could be a buy opportunity. you don't want to miss much more than that on "pad." come right back. . [bell rings] ♪ time and sales data. split-second stats. ♪ its so close to the options floor, you'll bust your brain-box. all on thinkorswim, from td ameritrade. the ca♪illac summer collection is here.

♪ during the cadillac summer's best event, lease this 2014 ats for around $299 a month and make this the summer of style. i'm spending too much time hiring and not enough time in my kitchen. [ female announcer ] need to hire fast? go to ziprecruiter.com and post your job to over 30 of the web's leading job boards with a single click; then simply select the best candidates from one easy to review list. you put up one post and the next day you have all these candidates. makes my job a lot easier. [ female announcer ] over 100,000 businesses have already used zip recruiter and now you can use zip recruiter for free at a special site for tv viewers; go to ziprecruiter.com/offer2.

time for the final trade. tim. >> we talked about coin tonight ehouse ticker ej, real estate service all online, brokerage, listings. this is not a megamultiple stock. take a look at this. this is reasonable growth at a decent price. >> pete. >> i will go for final devices. if you look at the stock, it's scary how much it's gone up. it's feeding into this frenzy about the iphone 6. i think it will go higher tan that. >> i will reiterate first solar. i genuinely believe it's the el pollo loco. it has upside levels.

>> that pronunciation was horrible. >> el pollo loco. >> eastman chemical. eps, revenues were lie. it's trade, 86 nevada. i think it's overdone on the downside. >> i'm melissa lee. see you back here tomorrow at 5:00. meantime, "mad money" with jim cramer starts right now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. 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 teach you. call me at 1-800-743-cnbc. or tweet me @jimcramer. i know. you want to go negative.