melissa lee, drone wars, what did you think about that? >> i think that's cool personally. one of these guys on the desk here, kelly, been hacked. we don't know which one, the ceo of a cybersecurity it company will will tell us how he hacked one of these traders and we will trade cybersecurity space into i've got to see this one. >> "fast money" starts right now. live from the nasdaq market site overlooking new york's time square. i'm melissa lee. tonight on fast facebook just it did something remarkable and very troubling for google investors. we'll tell you what that something is how to profit from it. >> plus bill gross out with his, quote/unquote, short of a lifetime. we will tell you what it is and if it could make you money later on. >> but first the story that shocked the market, bonds krarks, the dollar tumbling and oil tanking. are stocks the next to fall? brian kelly, it is rare that you see this degree of volatility across different asset classes

but then stocks remain calm. >> right. for now. >> for now. okay. >> generally equities are kind of the last to the party here because what's happening as -- you this really started in germany where you have the ecb meeting, you better get used to volatility in the bond market because we are going to execute the qe plan we are not concerned about big volunteering tilt, you better get used to it. that gets transferred to the u.s. and bond sellers sell off. they then start to look at equities and rebalance that. if we look back in april/may when this occurred you did see a sell off in u.s. equities it wasn't sustained for questioning but you will likely see a sell off here if this bond route keeps going. >> you are saying it's going to come if the pace of yields rising continues. >> absolutely. >> are you concerned? >> i'm confused more than concerned. you had -- you know, you had the bond move but then commodities which are lower, right. >> right.

>> that sort of -- meaningfully lower, you know, so you had oil a fair amount lower. that sort of confuses me. it gets me a little scared when things start to get a little bit out of whack and then ultimately if they get out of whack everything con verjs and they correlate to one. i wish i understood why all of these pieces that seem to move normally in opposite directions are now not doing what i would expect. >> dare wrus. >> the market has had so many opportunities to sell off toer if i number of different reasons has not been able to do it. here you have the transports going from 168 down to 148 the s&p does not come off, transports bounce today. i still think the broader market valley is intact. a lot of reasons to be bullish. not least of which a lot of m and a activity still going on and just a scarcity effect with the amount of stocks being bought back by companies. i think as long as the iwm, the

russell stays above that 1212 level that we've talked about a number of times i think the s&p who have is intact to the up side. >> am terms of the moving rates this is what jeffrey gun lock had to say about where he thinks u.s. rates are head snood one chart that looks absolutely like you know where the direction is headed is the boone and that direction is the yield is going higher. it's going to be hard for u.s. rates to settle town although we don't expect much higher rates in the u.s. we still think they're going higher. >> pete. >> i look at these bonds and the movement we're talking about this upper end now we've pierced through that upper end of where we have been. i think part ever what we're seeing is the illiquidity of what's going on there. there is no liquidity. we had howard will you tell nick talking about exactly that topic. he thinks eventually the liquidity will come back in when there is a return and we see all those guys back more involved but for right now because of that that's actually going to actually spike some volatility there. i wouldn't be surprised see some of that volatility transcend

into the equities market eventually but to guy's point it's rotation. you are talking about the transports twegt hit. transports got hit and we moved to the upside. why are we doing that? people are still positioning themselves more and more into the financials and more and more into certain levels or areas of technology that have paused for a while and i think are ready to go to the next move to the upside. >> karen is talking about the fact that this -- you know, what do you make of this? you can't get a signal from this this. because of what pete is talking about, because of what's going on with the central banks this season necessarily an economic signal. i think that's why good luck was saying rates probably wouldn't go too much higher the economy isn't that strong that would justify tease high yields. >> is the packet that you think stocks are going to -- or more likely to drift higher just the notion that there isn't a better place for this money to go. >> i'm not big on that tina thing. >> i'm not, either. >> in terms of the s&p and i've said this so many times over the years, markets don't give you

ample time to buy the lows or sell the high. the s&p at all time highs it doesn't meander around these levels. they've begin it every -- you have so many different shocks to the markets over the last 18 months, none of them have had a meaningful impact to the down side. it's never the because you see coming, i get that, but i don't see any buses come anywhere right now that could derail this. >> all the volatility in both bonds and the dollar boosting one segment of the kpanls. check out the etf that tracks broker dealers hitting its highest level since february of 2008. karen. >> you know, that's probably a good thing, clearly, but i've looked at more -- i like the banks, so that's sort of a different -- i don't like the broker dealers as much. i'm sorry, i was confused for a second. are you talking about more of the gold man sacks of the world? >> yes. yes. >> i'm less interested in the goldman sachs of the world than i am the jp more gans, the bank of america and the city's on the

right move because i don't know where the market is going so i don't know it if that volatility is going to be good or bad for the equity markets. the one thing that is really good for them is the deal flow, that is a good thing, good flow, that is good for goldman sachs, but if we're going to be financials i'd rather be financially financials. >> the broker dealers are doing well but how what do they do? look at met life, they will do well in a high rate environment, they won't have to take as much risk, be able to lay off some of their long-term exposure. their stocks look like they're starting to break out. >> today was a nice day -- >> we had an option paper looking for upside in prudential. so you look at these names and that is an area we're seeing strength. goldman sachs another 52-week high again today. take a look at citi that move to the upside, jpmorgan huge call

buying out. trades 30,000 out there. so i think these banks as we said been pausing for a while i think there's a move to the upside, the asset managers, insurers or actually the banks, i think all of them have room to the upside. >> we talked about approximate. rude last night, i think jeffrey was initialized all the insurers. i also think that goldman sachs to karen's point it's not that high yields or the yield curve is going to tep them it's the fact that the underlying commodities and the instruments is that they trade have been so volatile. look at fixed income commodity quarter they just had on april 6th. they crushed that. the epa number close to 6 bucks absolutely smoked it. i think it pushes up towards the 240 level we last saw i think in early 2007. >> coming up, tipping the scales. activist style. the two burger folks both with activists in them. should you follow suit or hold the sauce?

>> plus greg maffe pulling up, pulling up rich green field over his thoughts on the time warner cable deal and that's got rich fired up and he is going to join us to tell his side of the story. don't look now but facebook just did something at that should scare the heck out of google investors all that and much more ahead on "fast."

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twitter's a annual a meeting officially underway let's get to julia in los angeles for the details. >> the board has already been reelected, symptom holders voted to approve the company's suggestion of veegt on executive compensation on a yearly basis and price water house coopers was named the accounting firm. right now they are making a presentation to shareholders that will be followed by a q and a period. this meeting comes just hours after twitter investor chris sacca laid out his vision of what twitter can be. adding new channels, a save button and the like.

an hour ago he weighed on on whether the company should be independent or sell. >> i think it's a fantastic use of google's cash, it's up to this board to figure out if that's something they want to pursue, i don't think there's any religion on this board about rehang an independent company forev forever. that said i think a lot of the board member see these types of recommendations, see this potential for the company and realize there is a lot of value in keeping it independent for now. if they ever achieve any doubt or start doubting those prospects they will look for those other options. from the google side it's an instant fit. >> a source telling pea there is a twitter board meeting tomorrow in san francisco. i will be back with any headlines from the shareholder meeting underway right now. melissa. >> thank you, julia. a lot of interesting suggestions made by chris sacca basically make tweeting easier for people, make people feel like they are part of a community going in. it's not easy to join twitter and feel like you are part of the community. >> it's not, but i guess this goes back to the point of we're back to -- back to it with

twitter where they need to do one thing right again, whether it's do some of these things that sacca mentioned, but all they have to do is do one thing right. b kflt is a sire of this, i'm also a sire of sacca's shirt. that thing was killer. >> i think the most interesting thing from a trading perspective is i look at the implied volatility right now in twitter, it is half of what it historically would be trading up. i think there are tremendous opportunities you about i also think if you look back this strong was grinder around this level in the early part of 2015 and here we are again. i think it's going to take a month or two before. we need a catalyst before we start to see that move to the upside. >> two food stocks with two big moves. yum brands popping on chatter. nelson pellets is interesting in jumping into the name. nelson pellets try end does not have a position in yum and wendy's announcing plans to buy

back 1.4 billion signed -- excuse me, 1 billion shares by the end of next year, 211 million in stock from pellets's try in. wendy's largest shareholder. >> the big catalyst is that big buy back and the fact that i think pellets has been finally satisfied with what he has been sitting there trying to do with this company. 52 week highs today he is going to be 20% less as they take him out of some of those position if i think that he has had for a while. i think if you look at keith nightser at yum. i think that is the reason why we are seeing there is an activist there who probably he has already floated out the idea maybe yum out to spin out this china unit or something of this natu nature. i know how we see things these play out all the time but i think that would be something that most of the approximate public would brae with because of all the issues that have gone on over in china in terms of the food issues they face. >> just one thing on the wendy's

for a second. i view that as a in negative that he is selling that much stock into the buy back. he's saying it's fully valued. >> he is selling it for tax reasons he says. >> okay. >> all right. >> going from 24.8 to 17 to 19% or something like that so it's still a sizable stake. >> okay. onward to yum. used to be companies of yum's size were not touchable by the activists but that is no longer the case. actually it's not bite size but it's doable in this new world of activism power. boards have to listen and i know they don't like to hear it even if they often know it's right that it comes from the outside is often very unis settling but a lot of times they come up with good ideas. the one thing i will say that was interesting that dupont they were not successful. i would have thought another outcome would have happened. >> let's go to news alert on apple tv. let's go to sue in the newsroom

>> reporter: according to read code apple's new set top box will not be at the worldwide developers conference on monday. there was some talk that it would be because the invitation and the imagery for the event resembled the shape of the apple tv box, so basically don't look for a new apple tv box at the worldwide developers conference next week. this means according to read code that the wwdc should be almost entirely free of tv because apple apparently is not ready to talk about a permanent planned web tv service, either. so it's going to be interesting to see as you can see the imagery kind of does suggest that set top box but apparently that's not going to be what happens. back to you. >> thank you, sue. if we could put that back up, apple tv box just is a black swear so it's interesting -- oh, that says to me it's no a. no-brainer that apple tv is going to be talked about. we had dan ives at fdr yesterday

he did not think that apple tv was going to be on the agenda anyway. >> i don't think that's a huge deal. again, i think this stock apple specifically based in the fall i think it's basing now, i think it's ready for the next leg higher 20% from years from where a lot of people say vis-a-vis all the things we talked about this week, 19.5%, 20% off that bond issuance gets you to 155, 156 i think that's where it goes. >> it's not going to matter because it's all about the iphone refresh, we had stock last week i think there's only 20% of the people have refreshed their iphone. there's still more buyers out there. that's what this company is. everything else that's coming out, three, five years down the line maybe it catches on. all you care about is i to ens. >> are you seeing now traders betting there is going to be a move on this wwdc. >> no, in fact, the implied volatility is also low. some of these stocks are lower in their actual universe than when you looks at the vix in terms of the s&p 500 right now.

>> what do you think is going to happen? >> i think this stock has been basing for a wiechlt i don't know if this is enough of a catalyst that's going to push to the 150s i think we are going to have to wait and see some of the other elements that they are going to bring out. some of the ass and how well people are able to adapt and the watch and success of that. >> gopro up 47% in just the past three months but one analyst says a key supplier for the company is spelling trouble for the stock. pacific crest a research analyst brad is in portland. it's great to see you. >> the supplier is anbrella, raised the price target to 123. in terms of what they say about the mix you say that's bad news forego pro, why? >> i don't know if i would say bad news forego pro but maybe a bit less positive than some others on the street here today. the main driver mind that is anbrell has other action camera customers, obviously the numbers were incredible and the

sequential increase was phenomenal. on the other hand, you know, the data point suggests that maybe gopro is looking at more of an inlinish september quarter. anbrell provides you two-thirds of visibility into the september quarter continue to monitor demand there. an inn rhine result for a stock like gopro can sometimes -- you know, wherein investors are expecting maybe upside can sometimes be more cautious. >> so in terms of the gopro products that they recently talked about, the read code kmps, whether it be the vr or quad cop percent or six camera it testify vice, that going to be positive for the 2016 view? it sounds like you almost think that through the end of it this year it's going to be ho hum. >> yeah, i think the market size for the virtual reality type product is probably pretty limited. it certainly helps in the q 4 time frame and obviously talking about drones in the first half helps as well.

but i think as we look out to the holiday they do have a very, very difficult comp ahead of them in q 4. they had an incredible q 4 last year, growing revenue upwards of 100% year over year. certainly bears watching just on the blocking and tackling demand as we see over the next quarter or two. >> at the same time, brad, you've got a is sector performer in the stock and missed this huge rally. can you also concede that perhaps this stock is still going on fire into the end of the year even though you don't see the catalyst necessarily on a fundamental basis? >> yes, you can certainly argue that there is a lot of momentum behind it, one, they've talked about the software over the last, you know, week or two here, they teased it at an i'm investor conference so people are excited about that, obviously drones and then they unexpectedly launched a new product at the mid tier just two days ago. yeah, i mean, not to say that this near term momentum couldn't continue. i think we tend to take a bit

longer term approach to things and that underpins our sector weight rating on the name here. >> thank you for your time. brad eric son of pacific crest. we were showing during the interview with brad video that guy shot with a gopro, it was the first shot where he was gargling, no the part where he was on a surf board. >> although i recently was out at mavericks, i can't believe you used that footage. >> list recent, he doesn't use a cup, he drinks of the bowl bottle. would you rather gopro or anbrell. >> gopro. june 10th there's a piper jaf ri conference that gopro will be speaking at. today piper jaf ri praised their price target to 68 bucks ahead of that rvs can. i think there is a tail bind, with he talked about this last night, i think that's where the stock is headed. >> interesting. interesting. >> i'm curious, he talks about sector bet. what is the sector? you know, is it apple?

with iphones, is it something that's not camera related or is it a hardware -- i don't know. >> i guess it depends on how you look at it. >> i think it's a content company. i think that's -- you condition look at it as a hardware company. i still use the example of the nhl deal that they did. if they're putting gopro cameras on nhl players that gives you a unique vehicle that you can only see on the go pro website. so to me that's the play here, the question was would you rather in the short term bk would rather neither. as positive as i am on gopro -- >> do you know how to play would you rather? >> he can say either. still ahead bill gross laying claim to what he is calling the next great sure of a lifetime and it's blowing up at the twitter behind us whether you should follow suit and here is what else is coming up on "fast."

sparks flying at yesterdays liberty media shareholder meeting. greg behalf faye calling out rich greenfield on his research report about the buyout of time warner media. take a listen to what he said. >> what analyst who doesn't seem to be much of an list as an advocate. there is an difference between analysis and advocacy. if you want to write for the op-ed for "the new york times" write away. >> just moments ago i spoke with rich greenfield, the subject of it this criticism. i began by asking him about those comments. here is what he said. >> at the end of the day first of all we're very pleased obviously that greg reads our research but i think the reality is that we spend a lot of time researching what was going to

happen in the comcast time warranty scenario and i don't think a lot of people believed our view that the deal would get blocked and i think what's happened is we've really seen a change led by president obama and filtered through the fcc and the doj that there is this real question that basically internet is basically being viewed as a natural resource in a way that video in this country never was. and that natural resource is going the government really sees the cable companies as having monopoly on. >> would you say maffei is completely off base if he think the deal is going to go through without a hitch? >> i think there's absolutely a path to getting a deal done, i think we made that clear in our research is. if they are willing to create competition by overbuilding some of their cable industry fields, overbuilding other cable companies, sure, that will help get this deal through, i think that's what tom wheeler has talked about in terms of increasing competition, planting the flowers, so to speak in terms of competition and then on top of it agreeing to net

neutrality. not just graeg to it, but agreeing to title 2 reclassification. if you give those things to the government i do think there's a path for approval, but i certainly don't think it's easy. i think liberty yesterday made it sound like it was an easy fast paced approval process and i think that is just not listening to what the government has been saying into why do you think maffei said what he did about your research, that it belongs on the pages of the new york times as opposed to being an actual research report? >> i find that flattering. >> you find it flattering. all right, are rich, we're going to leave it there. thank you for your time. it's not that optimistic it's going to go through if that's the bottom line. >> i mean, to me the way to play the space you've got to get into netflix. everything seems to lead back to netflix. everything you talk about out there, the path goes back to that stock and everybody shoots gunmen it for a number of reasons, valuation, but all roads lead to netflix and until they prove themselves to do something incorrect which they haven't now for quite some time

i think netflix even where it is now goes higher from here. >> there are more and for stand-alone streaming services is, show time announcing today $10.99 a month for streaming is that going to eat into met flicks, more competition for those extra dollars. >> that's what i thought initially with netflix. as soon as hbo came out and said they were going over the top what it has done is drive more people to it. i can't say to short thet flicks by in the means, you keep on riding it, just move your stock up as you go along. >> greenfield called it right when he came that comcast time warner would not go through. >> too big, too much. he was 100% right. i think guy right now is 100% right in terms of netflix. i think right now they seem to own it, the international expansion we've talked about it forever, europe as they get into latin america thea another area that could be he can below testify sore them. >> facebook just go something mind blowing it and it could have google shareholders running scared. and later one of these folks

right here on this desk had their e-mail hacked. find out who it is and the man responsible for the attack later on. approximate of

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welcome back to "fast money." stocks closing out the day in the green but well off session

highs the dow finishing up 56 points. crude the big losing dop dropping 2.6%. here is what's coming up in the second half. "fast money" mystery. we asked a cybersecurity firm to demonstrate how easy it can be to fall victim on an online attract and one of our traders took the bait. we will tell you who who it is and why one cyberstart up to be poised to shake up the industry. bill gross is at it again you won't believe that he is calling his short of the a lifetime. new ad dollars and eyeballs for the social network an unwanted competition for google's profit. robinson humphrey hanging director we simply call him the man. bob, great to have you with us. >> what's interesting here is that you are sort of taking issue with how facebook is counting the 4 billion views, correct? >> a couple things, when they

count iv billion views and that count if you happen to go buy a video and it plays and you are there for two, three seconds that counts as a view. while youtube is more long form content, you are clicking on a video, you are discovering content that way, you be u. you are gfrg to youtube and eng is for a video. different user experiences there and different monetization as well. so the question will be as these 80 billion or so of tflt v ad dollars start to more of online what percentage do people player get going forward into in terms of that monetization does it matter how engaged or the quality of those vause at this point? the tact that it's four times what it was a year ago, isn't that going to be incrementally positive to the facebook story? >> we think it matters a lot. if you talk to the advertisers they will tell you they want as much premium content as we can find approximate possibly on the net. they can't find enough of it. looking for long form content they can put their brands against. that is quality. had they don't mind having their

brand against. they may not want to be against your individual video of you and your family screening but they may want to be against michelle pham giving makeup tips on youtube. >> if you look at a dlr of revenue to -- a dollar of video revenue would be what multiple at google and what multiple at facebook for that same dollar of revenue? >> that's a great question. youtube is about $4 billion or so of revenue, they don't break it out but people estimate that. video revenue over at facebook right now is just starting, we paint the scenario last night we put a note out that said we could see a billion or so revenues coming from that. to break it apart you have to look at the growth rates. overall multiple won't tell the full story. the video revenues for facebook are just starting exploding in their growth. you put a higher revenue multiplier on that you could argue something in the mid teens on that. on youtube a little bit slower of a grower, but still big ad dollars at 85 billion just

coming over you could argue a five to ten multiple in there. >> you can post your youtube video to facebook. >> correct. >> you are saying it's about 25%. >> correct. >> so the user experience on facebook could this be a positive for youtube as well if people are simply taking toes videos and putting them on facebook because they like that user experience. >> it could be and more distribution of their content. yooub tube is creating content, too, paying creators to create content so a broader distribution of that, get a cut of the economics could benefit everybody. i think they have different experiences and having the secular shift of these dollars are going to benefit both. >> on twitter chris sacco's suggestions to twitter, do you think he's on point? >> yeah, so billionaire investor one of the first investors on twitter we couldn't agree more with husband suggestions. we think changes need toe can you remember. we love what he said today. the point we made in our note is 2 q is coming off weak right now. so the weakness could weigh on

the shares near term. >> bob peck. >> i like facebook for a while. i was shocked when it went from 85 to 78 in a straight line back in april/may. it's come back now, had a huge day today for facebook, $85 for whatever reason has been a barrier it hasn't been able to get through. i think it blows through on this one. if you think about the snap chat valuation, you think about what they did with instagram, it's not a huge thing i know but they're so ahead of the curve i think facebook goes a lot higher. >> what facebook is doing with video does that concern you at all as a google shareholder? >> it does. it's not great. i was trying to get at i think the same dollar of revenue trades lower at google than facebook and that is frustrating but i like google here. >> bob talked about the different peer yen, they are different experiences different type of user but i think you still have to be impressed with the growth. if bob is close on some of the growth numbers i think guy is 100% right. i think you look to facebook to break through that 85 barrier

where it has been stalled several different times now news alert. let's get to julia boresen in l.a. with that >> reporter: twitter ceo took the stage in front of shareholders talking about the company's massive potential saying people who read tweets without logging in twitter has a global audience of more than a billion people every month. saying that they're making the necessary changes to make twitter easier to use and to grow its audience as well as ad revenue. >> we believe that everyone can and will get value from twitter. it is our job to help people find the tweets, photos, vines, pair a scopes and conversation that are the most meaningful and interesting to them and that's the kind of product change you're seeing us effect. >> the q nd a investigation kicked off moments ago with ref raepd jessie jackson demanding greater diversity at twitter and

in silicon valley. cost low responding by saying diversity is better for business and that they're working to i'm crease the pipeline of minorities and develop those candidates and employees also talking about how they're monitoring things within the company like selection buys has. melissa. >> thank you very much, julia. whatever dick cost las says bob peck says the second quarter is shaping up to be weak. anybody a buyer here? >> where he. >> bob has been -- bob peck has been spot on on this name but it's just down so much that i think that -- what more can go wrong with this? yes, things are going to be weaker. i do think their strategy is wrong in trying to get more active users, this at the need to focus on the quality users they have, but that's just bk's opinion. >> engagement and growth are the things that always come up with twitter. they've got to show us that they can improve on that, so far they have not been able to to that. until they do i don't see why i want to be at twitter when i can be at facebook. >> you are with the bob peck.

>> i'm with the bob peck. >> when did he become the bob peck? >> we talked -- didn't dan nathan last night go to a chart and do a whole thing? if you want to be long in twitter i think you have a natural top at 35 bucks although i like pete nigerian. >> is it the brian kelly or is it just brian? >> i'm kind of like the donald. >> still ahead one of our traders has been hacked and this guy is responsible for it, he is a ceo of cybersecurity firm and he will join us after the break to talk about why companies an even our traders aren't as safe as they think. much more past money straight ahead.

we've been telling you throughout the hour that one of our traders here has been hacked and we've got the hacker right here. the ceo of cyber security firm combat security joe officer rare ra ready to explain. request which one of these guys was hacked? >> well, maybe i will build up the suspense a little bit. i will start from the people that didn't have anything go wrong. brian and karen, we didn't recognize or we didn't take any

activity from brian or karen although karen as i understand thinks that she fell for it, so i'm not sure what i can say about that. >> we can discuss later. >> pete. >> yeah. >> we will talk about it a little later. pete, looked at this e-mail so we sent a fishing e-mail out, it was a nonmalicious e-mail. pete opened it up three different times, look a look at it but never did anything wrong with it, he didn't click on that link. he likes to look at things hard but then you make the right decision at the end. >> thank you. that is who i am. >> guy, at the end he was the one that fell for it. >> come on. >> what he did was -- >> what did i fall for there, junior? >> so what happened is it was as i said a fake phishing e-mail. we sent out an e-mail that looked like it was coming from someone from the staff of "fast money" talking about agenda for the show and had a little click here link embedded in the e-mail. and, you know, guy was the one that fell for it.

>> it was from leanne miller last night, it said -- >> it was allegedly from leanne miller. >> i responded back three question marks. that's falling for it? >> yes. >> combat man he is lucky he is in san francisco. >> joe, what were you able -- come phishing guy what are you able to have access to? >> so potentially just by clicking on a link he could either download a virus or malware on his computer, he could also potentially town load something like a key logger that would essentially record every keystroke that he would make. so if you think of it in terms of the access that he might have into his own financial systems, whether it's a bank account or a trading account, you know, those are the things that you potentially give up. and then if it's malware that's embedded key logger is one type of malware but essentially he could be giving up control of his pc. there's a multitude of things that could happen and go wrong. key logger is just one of them

but it's an easy one to explain because then you can get your user name and passwords as your essentially logging into your computer and the tirv accounts that you have. >> and guy shouldn't really feel so bad. there have been he is cases of hackers, chinese hackers that have been able to do these phishing scams for large oil and gas companies saying i met you at this conference, attached with some pictures from the conference, they click on it and all of a sudden they have access to all of the ip of that oil and gas company including the blueprints for oil and gas pipelines, et cetera. joe, in terms of what you do and why companies hire you, is that the worst case scenario, stealing ip? >> well, yeah, i mean, theres a lot of different scenarios. clearly intellectual property is huge, there's a lot of ip theft that's going on, but you have financial compromise, you have access to customer data, whether that be credit cards, it could be social security numbers, healthcare information. so, again, there's a multitude of data that the hackers are

after and ip theft is one of testimony. >> all right. joe, we're going to leave it there. thanks so much for joining us and showing the pitfalls of opening unknown e-mails. >> sure. this is a hot space, everything everybody is trying to prevent these things from happening. there are a lot of publicly-traded companies which we talk about often. >> i feel violated into this is a public service basically. >> the e-mail is from leanne miller she is on our staff, out there in the -- >> that's why hackers are clever. >> what do i know? scary stuff. how do you protect yourself? get palo alto networks, just the money you make off that stock alone, don't matter how many times you get hacked. >> i love the direction of fire eye, just continually moving to the upside, pushing out 52 week highs. at some point in time are they a take out candidate? i think there's a lot of reasons to like this name. >> i think it's funny that pete opened it up three times and looked at it.

>> did i look at before? >> big movers of the day. linked in up 4%. >> this is a company that got hit pretty hard with their earnings because of the revenue guidance. i i like their fwoet in terms of membership, got a news upgrade today from jflt p morgan. i think this stock actually goes up towards that 52 average and breaks right through it. >> a and t up 2%. >> that's a big move for at&t. they raised their price target on this directv deal. i don't know if it gets to 40 but it seems like it want to go through these levels that have been resistant for quite some time. >> big drop for vera bradley. >> yes, very bad same store sales, disappointing earnings. >> pop for nuance up 7%. >> this is upgraded by raymond james today. not the first big move nuance

has had in the past couple month, we had that big earnings gap. this stock looks like it's ready to take off. if you are a trader you peel off a third, a third, a third, wait to buy more but it looks fairly good. >> for one gut busting meal. at the extreme eating awards. watchdog the seafood chain's creature own combo could potentially serve up 4,000 caloriesful we have pete here choung down. the reason question is whether he can chug down the 24 ounce lobsterita. this is worth all the calories you're putting down. work out afterwards, maybe have to go to those big pharma names make sure you are going to be healthy. >> is the lobsterita lobster flavored? >> no. no. no. this is phenomenal, it's extremely sweet and it's going to put you over the top, but

this coconut shrimp -- >> that's the ant dote to the other one. you eat them together? >> i think you can eat them all, there's fries that are phenomenal, something about this shrimp, though, it's really good. >> coming up can -- he's got a system like an orchid. oil getting slammed today. we will tell you the one energy stock traders are getting bullish on plus what bill gross is revealing what he is calling the short of a lifetime. that and much more ahead.

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bond king bill gross taking to twitter to announce his next big trade, he says german bund short of a lifetime update it's happening. up next, china shen jen index not just yet. the index is up 188% in the past year. beakers, what do you think of this other short -- two shorts of a lifetime in the span of three months. >> the problem i have with shorting china -- that might be proportional to how long he thinks he's going to live. >> i'm just saying pain the guy has information we don't have and he's got to get them all out. i hope you're well, bill. that being said, china i'm a

little afraid to sort here primarily because the government controls the market way more than any other market. the other short i got, i understood it was economically unsound, the china one i would think be would i a little leery of. >> it sounds like he's leery himself saying not yet. it could be the internet bubble in, you foe -- beginning of '99 it could be -- you know, who knows where it could go. the tinning that was so interesting we had in the muddy waters guy on how they can just halt trading did sh >> in hong kong shares. >> that scared -- the game is rigged, can't play. long or short. >> stay away, period. >> why he. >> don't speak in plat a tuds. bill gross is the short of a lifetime. come on. please. i'm not into that whole jargon. i don't trust people that trust that way >> you don't trust him? >> i mean, she said two trades of a lifetime in two weeks. >> i know. >> all right. energy stocks fellow long with oil today but some traders are betting that one name in

particular could turn it out by the end of the week. >> so energy stocks actually have been the most volatile stocks in the s&p over the course of the last 30 days and the options market are forecasting that it will be the most volatile sector in the next 30 face as well. voluntarily layer row it has moved an average of 1.5%. options traders after the conferences that were going on this week decided to make a bullish debt butter do making a limited risk bet buying the weekly 58 calls for 50 cents. they had about two that i have face, still two days remaining to go. basically taking a low risk bet that this volatile space if it stocks goes to the upside they could make many times their hundred. >> who likes the refiners here? >> we talked at t oflt soro yesterday. now you have to prove themselves. they were a huge trade early in this year but i think right now it is in no man's land. >> what would you say in the oil patch? >> for this trade remember uh-oh

approximate peck coming up on friday, there was some news at that came out after the close that opec isn't going to cut anything that should be negative for oil. if it's more negative for wti we'll see. that's the trade coming up. i think it sets up risk reward valero to buy it here. >> check out the full show on friday. we will come right back. stay tuned. here at td ameritrade, they work hard. wow, that was random. random? no it's all about understanding patterns like the mail guy at 3:12 every day or jerry, getting dumped every third tuesday. this happens every third tuesday. we have pattern recognition technology on any chart, plus over 300 customizable studies to help you anticipate potential price movement. there's no way to predict that. for all the confidence you need. td ameritrade.

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i would not say i'm into it. but let's see where this goes. [ buzzer ] do you like to travel? i'm all about "free" travel, babe. that's what i do. [ buzzer ] balance transfers -- you up for that? well -- unh. too soon? [ female announcer ] fortunately, there's an easier way, with creditcards.com. compare hundreds of cards from every major bank and find the one that's right for you. creditcards.com. it's simple. search, compare, and apply. [ ice rattles ] search, compare, and apply. pubut to get from theand yoold way to the new,d. you'll need the right it infrastructure. from a partner who knows how to make your enterprise more agile, borderless and secure. hp helps business move on all the possibilities of today. and stay ready for everything that is still to come.

time for the final trade. time for pete to cut down the coconut shrimp. >> put down the coconut shrimp. i like these financials i mentioned at the top of the show jp pouring an that's my final trade. the huge option paper we saw today signals to me that july 70 call buying this stock is going higher. >> catch up trade in the financials are the insurers prudential will get you down i believe is how this guy says it. >> karen. >> yes. i like myelin, i don't think this is over by a long shot, we are going to see something else in this story. >> a lot of jean uses at gold pan sacks. do you know where a lot of other

geniuses are back in the control room of ec, the "fast money" room. with one of them has a birthday, max meyers. >> giddy up. >> happy birthday max. i'm melissa lee. thank you for watching. mad happy birthday, maxi. i'm melissa lee. see you tomorrow at 5:00 p.m. "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 just trying to save you money. my job isn't just to entertain but to teach you. call me at 1-800-743-cnbc. or tweet me @jimcramer. lately we have been hearing a lot of buzz about something called single stock risk. meaning what happens if you buy the wrong stock for your portfolio?