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tv   Fast Money  CNBC  December 11, 2014 5:00pm-6:01pm EST

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book, those are near ten-year lows, that's usually a good time to be thinking about adding to the oil, not running from it. >> gentlemen, thanks. "fast money" is coming up in just a few moments, ticking up on this -- which continues after hours. \s. "fast money" starts right now. on you traders tonight are dan nathan, steve grasso, karen finerman and guy adami. we almost had a big rally today, but oil prices weakening again breaking below the $60 a barrel oil for the first time in five years. >> there's a lot of positives to the economy. . the most important thing is having the reverse, and kind of
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reset the clock, so you can take something that's a blessing, lower the price of oil, which one you think of like a tack cut. >> well, if it's a tax cut, why are they rallies even more. >> weakness in the economy, weakness here, global weakness. just think about the way sentiment works. when houses were getting cheaper and cheaper in 2008, '09 and '10. people were spooked. they would much rather seen stabilize, or maybe they get a sense of confidence in the market. to me, this oil -- we talked about it during the half-day call, this oil rally was really kind of pathetic from the get-go. i would rather see it open gap down. take a look at the chart intraday, and it tells the whole story.
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>> it was actually more feeble rally in the equity market, i thought. and then it gave most of it away late in the day, but i think to karen's point, it's indicative of a demand story. >> but you could tell me that the man has nothing to do with it. that coupled with the fact that global interest rates continue to go lower, today the tlt reversed to the up side again, leads me to believe we're in a deflationary environment, and at some point it's going to put pressure on the s&p 500. >> i think it's already putting pressure on the s&p 500. to guy's point, a five-year dollar high, a five-year crude low. the real support in crude, everybody told you it was $80 or $85 was the line in the sand, then it was 75, then 70. now if you look at the long-term chart, it looks like the next real left is $42. >> $42 a barrel. >> $42 to $45 a barrel. i think there will be a bunch of
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speed bumps, and guys that are in specific, that's what they're looking for. low 50s to mid 50s. if the guy that is trade this all day long. that's where thee place the bets and where you'll see oil getting bought. >> how are you positioning for a $45 world? >> i've got to say this from a fat cat ceo, i think it's massively disingenuous to say it's a tax break. for the people it will affect the most, maybe they're just getting you have to speed. that's one point. let's talk about oil crashing here. it's down -- maybe just maybe this is indicative of the fed unwind. people have been talking about this fed balance sheet that's expanded from $500 billion for 4.5 trillion. maybe this was the risk asset that was being inflated the
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whole time. maybe there was just not really the demand, but when you think about all of these dollars that have been put out there trying to simulate demand the world over and now we have the boj, ecb and other guys going in there. maybe as the fed -- time language out of the there and close to raising rates, maybe this is what the unwind looks like. >> if you think we're headed to lower oil, is there a short to be had? oil equities. the problem is they could actually bounce. >> you can have cap ex be cut, you can get some of these sparks and individual names. >> so no? >> i don't think you could have it. but if you spread out, if the dollar looks like it's maxed out, but if you spread out a long-term charge, we're noplace on a historic basis. if that's a headwind for oil, that will continue. >> the smart people is the hyg,
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and it just made 52-week lows. put buyers rolling down. >> well, energy is the biggest component, so if there are problems in the balkan, for instance -- bakken, for instance -- >> if you said to trade one. that stock is basically been cut in half. another 52-week low today. i think the trade is, and i think something will have to happen with trans -- i think close to 16%, it might be north of that. something's got to give. if they cut their it different, i think you buy on the back of that. >> april calls? >> i do, and really, you know, i agree is what guy is saying. it actually has been cut in half and actually down a third, so it's gotten absolutely
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obliterated. i like the calls, because i know exactly what you have at risk. >> i know how much i have. let's bring it -- the global head -- top, grave to have you with us. could we see 45? yeah, we could see 45. we could see 45 this month, but i don't think 45 is a sustainable number. a year or whatever. you know, we're actually seeing much weaker prices. the mentioned the bakken. it's anywhere from 5 to 9 dollars off. we have only cruelty oil blends. so that indicates that we haven't found the bottom yet. >> where have we not seen the impact? we have seen is the shell producers get obliterated.
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their stock is already down significantly. >> well, i don't think the consumer has really seen the impact yet. we are going to get this incredible dividend. the different will range between 75 billion and $110 billion next year. if you're in new england. it's a great place for an out. you will spend $and we will see it -- we'll see that infiltrate, and lower food prices, and diesel prices are actually much higher on the board than what the truckers are paying right now. >> as it works its way to the economics. by a restaurant, let's say. how does that work?
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>> they're not benefitting right now. december and january are always lousy months for refiners, but marketers, people in the retail, if you're in gasoline retailing, it's beaucoup, a renaissance. they're proving it up -- so that will be a real hot commodity. >> just an alert. we are seeing oil trade below $59 a barrel on wti, so even on top of it, we are seeing it in some pressure here. >> so tom, melissa asked you -- we see the upstream name, so one we see cap ex get hit, would it be the pipeline companies? where it hasn't hit or that taken place, that looks like a blue chip name.
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that's the hidden short opportunity on the refiners? >> i like refining. we have other coasts for hydrogen. that will put costal refiners i don't think that will be lifted. >> what is your forecast for the average price of wti? >> i think we're looking somewhere around where we are right now. we could be looking at the dissolution of a cartel. >> a dissolution of opec? okay. >> tom, thank you. in a world where we have oil trading on average low 60s what then becomes your trade for next
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year? next year. >> i think you have to keep the same theme. those are all your shorts. i get you would still buy the alternative, the airlines, because that's still a at a timewinter. retailers will have unity tailwin, because the costs of good are actually -- >> i think all these -- >> and look at spirit airlines. here's a stock with -- on the -- traded down about $54, so this move over the last couple days, we've seen a 50% correction of that range, so right here at $69, give yourself a tight stop. >> now to adobe trading higher. courtney reagan has the details.
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>> that's right, melissa. it happened after hours, moving higher to the photoshop maker posting better than expected fourth quarter results, helped by higher subscription sales, a leading marketplace for royalty-free photos. that's going to cost $800 million in cash. adobe currently trading up t back to you. guy? >> this stock has basically unstoppable now for the last six months. i don't know if tomorrow is the day to go chasing it. i think you'll see a huge volume -- now i think is when you. start peeling off. >> all right. oil is not the only thing trading around $60. gopro now down once again, is it dead money at this point? that's next. major flooding in san francisco. we'll take you there live and tell you which socks are most impacted, coming up on fast.
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ending the day lower by more than 4%, and cautious comments from -- in the space, particularly the ion camera. parent ion has lots of sdrib abu, so where do we go now to go pro everybody setsist pried in, it probably is i think they'll move off to the content. i think they're going to be figure it out. i have to be out there. i want it was right for a while, but long for the last -- >> it sounds like a long-term trade. >> i'm not sure it is -- >> when would you buy it? >> two days ago, as i said, i've been wrong for a while, but i think this story is real.
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>> i think it's a function of supply and demand. short interest was really, really high. there were a lot of people who were skeptical. you had this massive short squeeze. it's coming undone. why? >> they had two secretaries. the float has increased. >> a lot of expiration, september 23rd, 107 million shares are coming unlocked. i think the stock will probably find an equilibrium. i panty lower. i mean -- >> it has to, it could just be a hardware company. garmin doesn't have the sexy look, but it's in a lot of the same areas. go pror, if you're buying it for hardware --
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>> now to jpmorgan everybody kicking off the top trades tonight, this after mike kit in a upgraded the stock, citing the bank's first revenue increase, and lower credit losses. karen? >> i love that mike mayo, he is actually -- he a a hard-core analyst, and he doesn't just listen to whatever management tells. to me, i thought he would have had a price target higher. i would think a ten multiple is a bit on the low side. so if you add -- i would say 77 and 11 multiple does not seem crazy at all. that's a pretty good return for a year, so i like seeing him. he's one of my favorite analysts. we haven't had him on the show for a while. i think that's a good name on
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board for the story. i like jpmorgan. >> but the karen finerman price target is 77? >> i think that's reasonable, and jamie -- it may be nothing. >> good focus. >> a primeius. >> first of all, that's a terrible picture. he watches the show, so he just heard that, he's smiling in his office. >> i would take lloyd over jamie in terms of hotness and c oeismt-ness. >> i'm just saying. >> how about the stock? >> over jpmorgan. would you rather? >> up 12% year to date. >> i would rather go wells fargo. jpmorgan citi roughly struggling with 5%. i think you go a different way, sort of out of everyone as line of sight, and that's where you make the profit. up next, the ceo and cfo both on "closing bell" earlier,
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asked about leadership at the company. >> i sigh here you're one of five women on the operating committee. it sounds like the next move would you a woman to run -- >> i would personally love to see that, and i think that's totally a possibility. >> i think it would be great. >> i look love to see a woman like me -- >> that was a little awkward. >> the whole thing, you know, it was not -- at least that are answer toss what i thought were very good questions. here's a company we just saw with microsoft. there was a lot of things going on here, but they had poor leadership. i think a lot of long-term holders would think that john chambers has held this company back. if chambers was out, he could not be replaced by that woman. i don't know, it could not be an internal candidate. it has to be somebody from outside. >> cisco feels like a stock that's asking for some activist
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investor to go in and demand major change. >> well, because i mean, the quarter -- i didn't think the quarter was great, and guidance clearly to me wasn't great, and it sold off. since then it's rallied to probably about 12% or 13%, but it's been a mover. granted, the market is out, but to your point, maybe there is something more going on here. maybe -- i doubt that activists get involved, but maybe cisco is a company that at this point, maybe it's a sum of the parts story. california is bracing for a high-intensity storm, possibly its worse in more than five years. could this mean bat news for the major shipping companies? plus apple, the tech star that's seen -- bearish take on the stock, but we found one guest who's ready to take on the task. it's a street fight of epic proportions. that's ahead. from record-breaking highs to major market meltdowns, every
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♪ riders othe storm ♪ riders on the storm well, california a bracing for what could be the worst storm in five years. some areas could see up to 9 inches of rain. jay gray is live for us in california, watching the storm and morgan brennan is taking a look at the impact of what this storm could mean for the shippers. hey, jay. >> hey, melissa. just a mess here. we've seen rain since early early this morning. it's been covered in clouds, the surf has been very rough, but it's this rain, it just won't stop falling. over 90,000 people just in the san francisco area alone without
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power, including much of the downtown area. it started early this morning. the traffic lights were out, much of the businesses went dark. it may a wet of the early morning rush. ahead of the storm, schools here in san francisco and oakland closed down, told the students to stay home and they would did i on friday if it would be time to go back. they also have had a lot -- especially in the tech industries staying home, saying, look, work from home, don't get out in this mess. we have flooded roadways, a lot of problem out and about right now in the bay area. when this is all said and done, which may be late tonight, could be early tomorrow morning, some areas could not see 13 inches of rain or more. melissa, it is quite a storm. >> jay, thanks very much for the update. jay gray in san francisco. let's get to louisville, kentucky. morgan? >> hey, melissa, this storm
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hasn't affected is operations here in the global sorting hub. here at the busiest days of the season, you will see as many as almost 7,000 packages process per spect. u.p.s. has invested millions this year to ensuring that all of the packages are delivered on time to avoid a repeat of last christmas when weather was a big sure, but while so far this winter has been relatively benign, despite that storm out west, it's still always a wild card. that's why they companies have meteorologists on staff. here they track the weather 24/7. >> for us it's more important to be prepared for the worst-case scenario so we put out alerts along the along in kansas city. so the people are prepared for that possibility.
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if they see snow or ice, those are some of the biggest threats. within a matter of machines, a call can be made to reroute a shipment, mobilizing reserve aircraft and de-icing crews. this is vital to operations. remember, that wicket winter weather we saw last december really affected the parcel carriers for u.p.s. it helped contribute to an additional $200 million in costs in the fourth quarter, fedex $125 million. right now despite the weathers we are seeing in california, some of the snowstorms we have seen in the northeast, not too much expected by the forecasters here for the next 7 to 10 days. back to you. >> morgan from louisville, thank you. going beyond the shippers, we also want to look for the five days after california's eight most significant -- during the drought this year. pilgrims pride was the best
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performer. both saw mean adreturns of nearly 4%, and a company called calebo growers, whithey mostly w food and get that is feared sources from california as well as part of latin america. in terms of the trade overall, where do we go? >> whenever there's a storm trade, i'm always incollide to go to an insurer. very often it leads to long-term higher rates. >> right? >> guy? >> the we talked about this the wednesday before thanksgiving about it breaking out. it did. i think it's pulled back a bit. u.p.s./fedex interesting. you know, i tend to agree with them. i think you wait for a pullback. >> i agree with you. >> i'm surprised. >> get a room. >> this is really interesting when you think about it. it's at the 352-week, but only
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5% of the year. it's really lagged here and come from almost 52-week lows, so it doesn't have much new, if there are massive disruptions, you could see a guy down, and that's where you would probably want to step if if you're -- they are fairly valued. estimates are going from 8% earns growth to maybe double that next year. to me i think you do want to buy them on a pull back. >> do you like it just because guy used to work there? >> i mean, like at that gams. >> that's hot. >> still hot. >> you know, paris hilton saw me. >> that's hot. >> there you go. and fedex is up 23%. the charts are extremely similar.
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i would still be a buyer of fedex right here. still ahead, it's a 3-d printing company. the ceo joins of live, later on. stay tuned.
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still ade, apple stock losing steam. is this a bad sign for 2015? we have an epic street fight coming up. 3-d printed liver tissue, we have the ceo making that a real. does wall street understand organovo? and one trader making a big bet in the oil industry. it's in a special edition of options action. but first shares of apple slipping. it's shed about 3.5% in this week alone. it's still been a huge year for apple. 42015 be as kind? >> david see berg joins us as our guest bull.
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don't be lazy, can you weigh in as well. dan, kick it off. >> i'm a skeptic, and really about the enthusiasm that relates to the stock from here on out. the stock is up almost 40% from year to date. you have to map out a company that's going to actually gross sales that's commensurate with a $900 billion market cap. expected to to do better there 210 billion. i don't see it. i tell you why. this is the iphone company. we know that, okay? we know they're in the midst of a massive upgrade cycle. and we're going to know that in january, know the guidianance.
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i don't think it moves the needle. i think they'll see a lot of competition. i think they're going to make a play for paypal, so i think you'll see a slower up tick. this is the big one here. for anyone who thinks there's some primeual built into the stock, that could come out. it won't sell. >> so basically you're just saying that things won't be as good this year for apple? >> right. if you're expecting those gains, i think you have to curb your enthusiasm. i think you're probably up or down 10%. >> david see berg? >> i agree. i'm not looking for a 35 or 40% gain at all. i think it's -- applepay will be an interesting transition. they're not making money from a transaction perspective. they're making money from dice sales that will force the people to buy the product. it's the security aspect of it. it's a massive coup for them. you know, they've had, what is
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it 800 million i tune subscribers? they're subscribers for a reason. people trust giving their credit card for apple. they're going to be a conversion from that perspective. i think that's going to be huge for them. the watch, i don't think the street has anything baked into the watch, but it could lead into something that would 'loy them to monetize it. the biggest thing is i look at the ipad and say that's been left for dead, right? we've had that conversation, but i really think that they can transition themselves differently, and they're looking into the opportunity to maybe a larger spring, maybe a keyboard, so you can run them -- through the different operating systems, but there could be an upgrade that could be transformational for them. i think it's important to also really understand about services, right? this is a service company, and they could make -- >> well, it's not a service company. >> not yet, but they could make up a lot of the gross margin lo
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loss that you're talking about. i think it's important to keep your eyes. they're innovative company, constantly looking for change. what could they do? there's a lot of things in there in their lineup that they could add to the fire here. >> these are levers they could pull, they could decide tomorrowing to a services company. >> but remember, everything they do in pay and watches, it has to offset the declining sales in ipad. so the other issue, iphone, you know, $600 asps, the android that is 85% market share world over. they're $250. >> apple has seeded this mid to low end market. it's not going to last. if you're in the stock for a 10% gain, they have $155 billion in cash, they're committed to buying back their stock. they have a great product lineup now, and do not know they will continue to innovate. if you look at history, hardware
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companies will see declining margins. >> i want to get these guys to weigh in here. what's interesting also, is we've had next year they're going to fay touch comparisons in the back half of the year, does that pin the stock in a range? >> you have to believe they can make the transition without hiccups in between. they may make this transition, but there's probably going to be a hiccup along the way, about you this apple pay could be huge. the wild card is -- and b.k. is probably watching, can bitcoin usurp applepay? >> ooh-syrurp? is that the way you say it? >> they're fighting to get is the customer that's buying the apple phone. they want these people on board. we're out of time.
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the gavel goes down. you know who won card to the twitter sphere? david. >> of course. >> david, good to see you. >> thank you. >> see you again soon. time now for pops and drops. we have a pop for walgreen up 7%. karen? >> probably a bit depressing for the ceo who was ousted, so the stock was up almost $5 today. i think that's the right move for the company. they are doing the merger. with him gone, it might be worst a look. >> dan? >> this one has a massive underperformers. we know he was push fog a spinout. they agreed to that, so they made some announcements about some cost cuts they may do into the spinout. investors obviously like it. i will say it's aggressive call buys. buys about 20,000 of the february 60 calls when the stock
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was $57, so people are looking for more up side. the stock has trapped in this range basically all year, looking for a trade out jo. >> drop for freeport mc. >> down 40% year to date. they're reliant on copper, oil and gold, in that order. i cannot tell you that any of those three have bottomed yesterday. i would not be a buyer here. >> pharmaceuticals up 6%? >> they priced the secondary very successfully. the stay long the stock. i think it goes higher. >> organ ovo 3-d printed tissue, after the break, we're talking to the ceo of organovo. much more fast straight ahead. (vo) watching. waiting.
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that's why we give you the edge, with innovative charting and trading features, plus powerful mobile apps so you're always connected, wherever you are. because at scottrade, our passion is to power yours. welcome back to "fast money." the united tech nolgts ceo is making comments that the company is in the market for an acquisition, in fact saying they're well positioned to make a large acquisition, but will not overpay for whatever it is that they do end up buying. if they could find something they would like to buy, they'll
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buy back more stock, already up it up, could go to up at many as $3 billion if the acquisition target is something in the carts for them. >> courtney reagan, thanks, a lot. guy adami, what do you think of it? >> there's funky stuff going on. they reaffirmed guidance. november 24th ceo resigned, i guess absences the board had questions with, and then i heard what courtney said, but they lowered guidance here. two weeks, 2 1/2 weeks after they reaffirmed guidance. i think you have to stay clear for quite some time. it doesn't pass the sniff test for me. >> so stay away. organovo taking a step closer, the company announced the first viable, 3-d printed liver tissue, but wall street may not be buys in. the stock is down about 50%
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this'll year. joining us is the ceo kevin murphy. >> great to be here. >> this is the xv-3-d, specifically used to testing. >> 24 small slices of liver that are bioprinted, living human tissue made of human cells. >> in terms of how you make money, what is your model? unlike the other 3-d printing, you're not selling the raw materials or printer, you're selling services behind this liver tissue. >> most 3-d companies have an aspect that serves this big pharma actually wants to use it as a service. having the ability to have us test them in the liver is how they prefer to work. >> how much does it save them in terms of money? is it mostly saves from the liver tissue itself? >> it's a back end savings. first they have to add more to
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their budget to afford this. but on the back end, there is the potential for them to save billions. when somebody -- and then finds out that they have liver problems in humans, they could spend up to a billion by the time they get there. intermitten losses that we can help them avoid. what's the uptick been so far? >> very strong response. we announced in april that we started signing up contracts with beta customers, so we've been moving that forward very well. we've seen a strong response, because we had a compelling data set prior to launch. back in the summer, we had a big pharma partner of ours come out and say with us they tested a specific drug that had had that kind of failure in late-stage pharma trials, where it had -- hadn't been seen in other tests, and we were able to show? seven days -- >> why is it that your tissue can detect things faster? compress -- you're talking about
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compressing the timeline of research, which is remarkable. >> and have a better chance of having success once you pick a drug, we're reproducing the nailsive technology, if we actively reproduce the human liver, we should see things that you end up seeing only in the human liver. the problem with pharmaceutical development today is a lot of it is we're relying on animal models. >> this is fascinating stuff and obviously the stuff of the future, which a lot of people are excited about. but if you back that up, i mean, you look over the past 2 1/2, three years the stock has almost been a triple, but's talk about your financials. you're not profitable yet, still. in the latest quarter, your operation at expenses increase 61%, r&d increased nearly 100% year on year in the quarter, general administrative increased 44%, your cash flow negative? how does this work? what's your cash rate burn in are we looking at a situation
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where you could run out of money at some point? >> we razzed 45 million in august, that growth is growth of the company. so we also added head count. projected to be about 10012 months from now, so we're growing, that's what the increased spend is. our goal is to invest in this platform technology and build additional tissue. over time we've been guiding -- weed have a kidney tissue to add to the mix, a doubling of the potential revenue we have from the liver alone. that's the kind of thing that can turn the corner. >> you're confident that will bring in enough money down the road? you're saying trust me to investors, we're spending this much, but it will come later on? >> like every biotech there's a development phase and then have to turn it around to profitability. >> and your company trades with a 3-dsh trades with stratuses which prints jet parts and 3-d systems which does the same.
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your background is amgen. do you think you should have a biotech sort of multiple trade with the biotech index? >> it's a good question. i don't following it specifically, whether or not we trade with them. i think we certainly garnered interested. people took a look, a liking to what we're doing, because we're hitting milestones. >> getting back to the cash -- because you take a look at what your company does, that could be tremendous tuck-in for a big pharma company to buy you, especially if you're spending this much money? >> we're focusing on building a agreed company. we think we have the ability to do that independently. i think, though, that you're right that longer term we'll have interests from companies lie bick farm article, but shorter term, it could be partnership. >> we actually are building tissues that could potentially be used in human trials.
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so we're investing about 10% in animal studies to show the value of various tissues we are presentic. >> so did i hear you right that in the longer term you would be open and it would make sense for your company to be bought? >> i think the key for us, build a great company, build a great culture, we always are open for conversation. >> keith, thank you for coming by. kreismt -- they trade right with 3-d printing, they bookend his return, he's down 50%, but if you look at the price point this could be a tuck-in for one of these humongous players. there's a shortages of some 28% in the name. that would allow this susceptible. if you want to play in this area, down 50% is probably a good place to maybe take out a flyer in the name. keach it on a short leash, but i like the space. >> i agree with everything that
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steve said. they partner up with something. >> i love that you're talking about it, but i couldn't own this stock, if it does trade with 3-d printing that to me says whoever owns the stock -- >> doesn't understand the company. >> and i would put myself in that camp, doesn't understand where the product is right now. it's too dangerous for me. still hey, one trader is bitting things are about to turn around. that's next. new cadillac.... ♪ ♪ my baby drove up in a brand new cadillac.... ♪ ♪ look here, daddy, i'm never coming back..... ♪ discover the new spirit of cadillac and the best offers of the season. lease this 2015 standard collection srx for around $359 a month.
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the innovators and inventors at comcast labs are creating more possibilities for more people every day. comcast nbcuniversal. bringing media and technology together for you. oil fell hard today, but one options trader made a huge bet that an oil etf could see a huge rally in the next few months. dan? >> this was shortly after the open. the xop, a spdr etf like i said, there was one trade, where the trade is looking out for march. when the stock was about 47, they bought the 53, 62 call spread in march, paying 1.50 for that, basically buys the 53 call, selling the 62 call, and
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it's caption your gains. so when you think about it, when you come over to the chart, this thing is down almost 50% from the highs just recently. the break-even on this is basically right here. that gap down from just a couple weeks ago, and that gain is right there. this is actually not a huge bet, though it's way out of the money. i just want to put it in context, this is the chart since 2006. you so el this massive gap down, a retracement would not be a far cry. leily these implied volatility. this trader is risking 2.2 million to maybe make 11. >> all right. thanks for that, dan. for more options action check, that's -- eastern time on cnbc. coming up on "mad money", arista network ceo responds to the surprise lawsuit, check it out as the sparks fly. >> we were definitely blindside i had and disappointing.
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john should have at least picked up the phone and called me. instead it was in the press, and we only got it five days later. it is true that sis do rarely sues. it's also true that arista is a rare competent to have. >> plenty move of this tonight. stick around for the full interview. meantime, first moves for tomorrow when we come right back. stay tuned.
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time for the final trade. let's go around the horn. dan? >> good results yesterday, i'm actually looking the other way. >> grasso? >> didn't think the apple play was going to moved needle, but this is the way we'll be paying for things. nxpi. >> karen? >> you know, on the heels of a couple ceos who have left and that has a benefit for the stock, i have one in my portfolio. rnf. the ceo stepped down last night, stock is up 5% today. >> guy. >> a heavy street fight tonight. >> was it?
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dan got creamed. >> stop! >> i only speak the truth. from from the holiday. >> she's not hideous. spirit airlines. i'm melissa lee. thanks for watching, my mission is simple to make you money i'm here to level the playing field for all investors. there is always homework and 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 want to make you money. call me 1800-743-cnbc or tweet me. headlines read bad fallingil

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