>> we don't know expedia has staged this recover. pandora way off its lows. >> nvidia down 3% in the past year. >> it's hardly a drop in the bucket. good luck getting home today. that does it for us and "fast money" begins right now. >> we're going to be announcing something i would say over the next two or three weeks that will be phenomenal in terms of tax. >> and phenomenal is the perfect way to describe the markets today. the dow soaring triple digits after trump offered his most specific comments yet about the one thing investors want to hear most, tax reform. check out some of these moves, small cap surging, the transports on fire and the banks taking the lead in the rally once again in what was really important today is the s&p 500 and dow broke.

s&p 500 closing above 20,000 for the first time ever. are the markets about to go even higher? >> it's interesting you said the most specific -- there was nothing specific about it. think about that but that was the most specific thing he said. >> two or three weeks is very specific. >> the market rallies on the lack of specificity. can the market go higher? yeah, i think it being. why? the russell continues to hold above that 130 level. transports continue to hold above that 160 level and the vices which i still think it's going to single digit there's no since of urgency in anybody right now in terms of risk or the fact that we might be looking into abyss. i think the market goes higher from here. >> i have to say the other side of all this is what we talked about for a couple days. you see yields coming down and the dollar weakening. a lot of this policy is getting pushed out or at least there's a lot of noise and distractions

and you can make an argument that actually the economy is telling you where reality is. reality is not necessarily what you want it to be and it's not the consumer confidence and the business confidence which are very high. so i think the good news here you've married maybe some news and hope today with the fed also in the last couple days. this is part of where rates are. the fed may be more than of an ally for markets than people thought. i still think the fed is too quiet of a voice right now. people are underestimating the impact of the fed. right now the comments of the fed are helping this market. >> it's great that the markets are feeling all good and giddy and record highs, but two to three weeks is very, very soon. it's very soon. i really think that the word phenomenal will be the most specificity that we will have. i do not expect to see anything remotely granular at all in that time frame. it's like a throwaway line. >> what could there be in three

weeks? >> nothing even refloat p motely close. >> broad brush stroke plan. if we understood what the white house's position was on the adjustment border tax, at least we would know where the white house stands and wouldn't that be enough to stocks maybe there's something here. >> i think there's no consensus on any border adjustment tax on corporate tax or income -- i don't know about that, personal income tax. this seems crazy to me the idea that we've rallied off this. that i find just somewhat ridiculous so dan and i were talking earlier today about looking at the vix today it hit -- it's not a record low but it's ridiculous what i think are potential hiccups down the road. so tomorrow dan's going to help me actually decide how to play some volatility that has to be. >> we'll do a reversal. tune in tomorrow at 5:30, 5:00.

>> one last thing to add, when the bank rally is -- those are counter weighing issues, right? the bank rally is somewhat or very much, you know, relying on higher interest rates and so i don't know that those are possible. >> here's the thing. it's funny because you brought up the fed. i think at some point the -- i think at some point when you think about the president's view about chairwoman and they're going to actually need to see a more confident fed for the market to continue to go higher, i believe. because if you just mention the term fed put we should not be discussing that with s&p 2,300. so to me, that scares me when you talk about a vix under 11. there's a lot of complacency out there. the fed needs to stand up and say things are pretty good here. >> i think she's going to

testify in front of congress in a fee weeks or so and she sounds more hawkish. you think that would be positive for the markets. >> i do. the ten year treasury yields, the fed fund futures are pricing only about a 20%. >> for that reason i would -- >> i don't know -- >> i disagree because i hear what you're saying and no one wants a world where things are so poor that the fed has to stay back. we want a market where growth is yielding to higher growth. people don't understand where interest rates are moving higher. >> you say that. you just had a move in the ten year yield from 1.5 in the summer up to 2.5 and the stock market's gone up a lot. they can talk it higher here. then -- get to three hikes this year in 2017. i think the stock market will like that. >> i don't think yellen will be hawkish unless she feels she has

some data supporting that view. >> i just think that part of the dynamic is what we've seen as the yield curve. it's flattened over the last fee weeks. short rates have been climbing higher. i'm not saying we're going there but i guess i have to think if the fed say big factor in these markets that is bad for volatility. >> what's your playbook? market at record highs, unspecific specifics on the tax plan from the president, what do you do? >> in my opinion he's painting himself into a box whether he realizes it or not. >> two to three weeks there's going to be some maybe binary reaction in the market. >> from when? >> that's what he said, today. >> under promise, overdeliver and he's overpromising in my opinion in my opinion. you have to have levels in your said and i'll say it again, my levels are iyt 160 has to hold.

i'm telling you whether it should go down there or not, dan is right and pete's right on this as well, what happens with people is they've bought protection so much only to see it expire worthless which is what you want, by the way, that they're now at a point where they say, why do we even need to bother, the market goes up every day. the vix is going to trade single digits. >> even though you doubt that anything's going to come out in two to three weeks, you highly doubt it, you want to stay long but protected. >> yes. i don't want to trade around what i own. i don't like to trigger taxes. i don't know when to get back in. it's too hard but if i am worried which i am in the short-term this is the way for me to do it. >> stocks may be a record high but one of wall street's biggest bulls says he's finding it hard to embrace this rally. what has gotten into tom? he's the cofounder, why is this

so unbelievable? we were flat lining maybe climbing a wall of worry whatever you market guys call it and then finally broke into record highs isn't this good? >>, you know, it is good in a way because it is -- >> in a way. >> we know the underlining economic's doing well and the guidance from companies is actually pretty positive. there's underlying confidence building. but it's hard to embrace the market at new highs because sentiment is also coincidence dentally so high antibond market and the bond market isn't as bullish so it's giving us pause. i would still like to stick with a discipline and say we're going to get lower prices in the first half and that's when we want to be aggressively. it hasn't been right. >> it means that you're also disappointing by the earning season we've just had or you don't think earnings justify these multiples.

where is the biggest issue here? overly confident? >> i think there's good things happening such as a shift towards deregulation and animal spirits coming back for businesses but if you go through like industrial calls and my team went through 2,000 pages of earnings calls, a lot of companies are talking about how much taxes are going to help them or how important taxes are to they're earnings outlook. i don't think it's really important at the stock level for people to bid on tax change, because at the end of the day, revenue and organic growth are really the key things and we still have some uncertainty around trade and border and those could actually overwhelm some of the tax benefits. i would say it's a time where the market's acting great but i want to look at a different time to be aggressive. >> so what kind of move would that be to make you be aggressive, coming down north of

2 or 3%? >> let's say we want to use a base case how do markets behave after a presidential year, so this would be in the first six months, 27 out of the 29 times we were negative year to date at some point with the median decline being 7%. that's something like 1250 or 2,050 or so. and it just seems like a huge drop now and again, i'm going to say it doesn't feel like it's going to happen but i'd rather stick with our discipline and maybe we wait. >> at what point do you think you might reverse or start to embrace the rally? is there a level at which you say you know what, this is another record high on the s&p 500 so maybe i'm not going to sit with this strategy? >> i would say that we probably come to that conclusion if we realized there was a lot of cash sitting on the sidelines. that seems like how the market's acting. that money is being put to work today and that's why it's going

into -- essentially like the 12th sector. it's a trillion and a half dollars of market cap. but in the anecdotes i have with clients i feel like people are pretty long so i think we'd have to see some data to tell us there's just a ton of cash on the side. >> so what would you stay long at this point? >> we still like the sick lar trade which is crap, the ak row minimum crap. >> computer industrial tech, the resource, energy materials, american based banks and the p is phone carriers and mainly a plan net neutrality. we like laggers. they've been the one suffering from deregulation. >> what do you think it would be crazy to still be in since you're looking for a pullback? >> you know, it's it's not like

anything is screaming short but i do think bond proxies i don't understand why people want to own loval bond proxies right now. you can get huge earnings growth now from cyclical stocks. there's good business developing in technologies so i don't know if i really want to own staples. i'd rather own telecoms over the utilities. >>. >> here's a cyclical lag guard, jim cramer last night had eg last night. if you heard that interview it was a great interview and i think you want to take him at face value. he was very honest. if you like cyclical and like the idea of some deregulation, here's a cheap stock. he also focused on the fact they're going to give back $20 million between dividends

and shareholders expected to grow 10%. that is one that i think you can dip your toe in, shoot for a single or a double in this market where we do recognize the fact there's a lot of complacency, that stocks not going to get murdered. >> what did you do today? >> the r in crap is resources so if you think about what happened today, i nibbled on some freeport, maine. cliff resources announced iron oer is getting better. this company is going to have 750. chinese steel production is down 20%. you have a number of people -- people like tech resources. other big players increasing cap ex-. this trade will go fire. we've talked about them all week. it feels like 2006 in this sector right now and i think this is what tom's referring to. >> sold to you ge. if you're looking for pair trade that pair trade will still work just so you know, dan.

i know you're all geared up -- >> wagging. >> the things that are working, we talk about nordstrom's last night. real quick. i think it rallies into earnings the fact that they couldn't sell whole foods market wfm on the back of that release leads me to believe it goes up from here. >> nvidia sinking after hours. plus stocks hit a record today but the mysterious north man trader says there's something in the charts that reminds him of the summer of 2015 and could spell big trouble ahead. he'll be here and twitter in danger the stock falling double digits after earnings reports. investors were hoping for a takeout but it will be a ta takeunder instead. we've got those details.

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>> welcome back to "fast money" shares. shares sinking after hours with nvidia. >> melissa this call getting started here. the company cfo walking us through the results this quarter. mentioning gaming. 1.35 billion in revenue. that's a jump of about 66%.

data center 296 million in q4. a year ago it was around 97 million and a performance in auto, 128 million a year ago that was 93 million. she mentioned the partnerships they have with tesla, with volvo and mercedes and nvidia will return about $1.25 billion to shareholders this year. it is slipping right now in the after hours and it is forecasting q1 revenue of 1.9 billion plus or minus 2%. that's just about where the street was looking for. analysts expected 1.8888. going to hop on this call and give you more later. >> you might see that in the after-hours session. keep in mind going into the earnings report, the stock was down by about 2% in the regular session. >> i am certain that analysts will come out and downgrade this stock and on valuation is less than robust quarter, the same way they did about a month and a half or so ago when the stock got ahead of itself.

the analysts will be wrong and why they're wrong because that auto line which is now 128 million, i think in a couple years from now you'll have to put a december mal point between the 1 and two. if they get this auto thing right, this stock goes significantly higher. in my opinion you buy in this name. >> the stock is up 17% in the last weeks alone. i think it went back to that prior high. a lot of people didn't think that was going to happen. they thought it was just a blow off top. i would expect the stock to consolidate a little bit. if you've been on this story for the last year, you should be okay with this thing consolidating the gains and trying to find a fundamentally reason to move higher rather than trying to find a reason to go straight up. >> new home hub, cloud, gaming, these are things, people know

about these opportunities. i think it helps you sustain a multiple but it's a multiple that's 65 times. i don't think it goes higher here in the short run. guy, you're absolutely right. there's other places but i think there's more competition coming. >> there's this notion there's going to be consolidation and that's why the space has been on fire. >> can i give a shout-out to somebody? >> yes. of course. >> and who would that person be. >> dan nathan who two months or so ago on options action he pointed out the activity he was seeing in a little semiconductor amd, take a look where it is now. i think it's sort of through 13 and what does that mean, can is it t stop here? i think it continues to go higher. there's something happening in amd right now. >> what does dan think? >> we didn't even talk about ai and nvidia's exposure there. intel made an acquisition of a company for about $500 million and that's their entry into this

space. intel's been down 8% or so since they reported a quarter of that. this one is the mid-30s, 35 and a half this is the one that you go through. they are in that acquirer. if they ever get any leverage out of an acquisition that size -- >> airline stocks taken off today after the top ceos met with president trump. we'll tell you what he said that's got shareholders so excited. you're watching "fast money," first in business worldwide. in the meantime here what else is coming up on fa"fast". >> there's something very wrong with this market. he'll be here. >> plus hold it now. the knicks have gone nuts. but there's another company even more dysfunctional and we'll tell you why it's about to get worse for twitter shareholders when "fast money" returns.

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>> welcome back to "fast money." we are live at the nasdaq markets on this snowy thursday afternoon. all major industries hit all time highs. the s&p closing about 2,300 for the first time ever. here's what's coming up in the second half of the show. another black eye for twitter today as the stock tanked 12%. so can anything be done so save the struggling social media giant. and later one of the most heavily shorted groups of stocks on wall street is suddenly surging. we give you the names and tell you whether you should buy. we start off with one of the

biggest stories today. president trump meeting with airline ceos at the white house. that meeting sending all major airlines soaring. ft. lauderdale for the latest on that -- phil lebeau for the latest. >> reporter: as well as some of the busiest airports lasted for more than an hour. we've seen this before with other industries today, it was the airlines and the airports. donald trump saying that, our airports in america used to be the best. now they're at the bottom. that's a complaint that we heard during the campaign as well. he also says airlines are suffering because there's too much regulation. that excessive regulation is hurting the bottom line for the carriers as well as for airports and he wants to modernize the systems both in the air and on the ground. >> a lot of the new equipment that's order is obsolete the day they ordered it and that's according to people i know including my pilot. sir, the equipment they're putting in is just the wrong

stuff. we'll talk about that. because if we're going to modernize our systems we should be using the right women. >> when it comes to modernizing the systems in the air, almost everybody agrees that the air traffic control system can be upgrad upgraded. gary kelly explained just how costly the current system is for the airlines. >> there's about $25 billion of waste annually with the system that's currently being used, so that's where our focus is, that's where the airlines for america focus is and that's where i think you'll get the biggest bang for the buck. >> reporter: after this meeting they're going to put together an action list of those items that they would like to talk about with the trump administration perhaps over the next 90 days present that list to the trump administration see if they can get the ball rolling. airline stocks moved higher today. let's see if some of this money that donald trump is talking about in terms of investing in airports and in the aviation complex in the united states, let's see if that money starts to get freed up over the next

couple of months. melissa, back to you. >> thank you very much. karen, this is the trade that you made today, airlines. >> yeah all that came out was positive, however, stocks have been a lot in the last since we started buying them in the april of last year. i want to hang on to them so i rolled out some calls that i was short in february and sold some higher strike out of money in march. i want to be long, but like a lot of the things i feel like the proof is in the pudding and we're far away from seeing the pudding yet. >> right. you're in airlines. >> i'm in delta, i own a little of united. other names in the sector hawaiian airs. of all the things that trump could go after, i think there's positives. there's a lot of positives again if this is why you want to invest in a stock these days.

i'm not sure it is. airlines can caught on the wrong side of whether it's an outbreak of a virus or whether you hear something about there's a tragedy in an airport. you want to buy airlines for the reasons i think they're cheap and running their businesses in a much more disciplined way and of those names i think probably delta is greatest value. >> this is the same way that one would look at financials in theory i would imagine that you like financials because you like the underlying economy and health of the sector in terms of the balance sheet and the deregulation could be a kicker which could be the same for the airlines sector. if anything is done, let's say there's some motion to modernize or improve air traffic control that could mean more flights taken off. >> or better efficiency or lower costs. >> this is the stuff that the president is in control of and can do without a vote. >> i'm hard pressed that technology is putting in planes is obsolete. his pilot notwithstanding, be that as it may, company like

rockwell collins should win to something like this. out of iowa which is about as american as you can get, 15 times forward earnings chase reasonable valuation and they make all the air naught tics system. if you're looking for a down streamed play. >> why you so gloom about his pilot? you're out glibbing. >> you're outglibing my glibness. >> assuming that this infrastructure money comes and a lot of things have to happen, i think that's also what you're getting at, let's see what happens with tax reform. how do you do all this stuff? this is really important. that's what you were talking about at the start of the show. >> you get jammed up. >> infrastructure is behind obamacare, behind tax reform then infrastructure. >> correct. >> in your mind. >> yes. >> yeah. >> we don't know what's in his mind. >> nobody knows what's in his mind. >> from airlines to energy, one of the best performing sectors. one trader is betting that the stock could surge. dan has that name.

>> it was chesapeake. >> there you go. >> so it's chesapeake today and call volume was almost three times average daily volume and there was one trade that caught my eye in particular. there was a bullish roll where somebody sold out a 40,000 of the february eight calls when the stock was trading about 630 and they bought 40,000 of the april eight calls paying $0.13 for those, that's about $500,000 in premium. doesn't sound like a lot but that's a lot of contracts. i suspect when you see a trade that breaks even up 30% in about three months or so, that that is somebody leveraging tan existing long position. one of the things that's interesting about that strike, i would not be going out and buying calls that far out of the money to make a bullish call on chesapeake. look at where the stock kind of topped out back in september and december. that was also 8 bucks here.

i could expect a little bit of check backache on that assuming that that's back to $8. it is up 300% from it's 52 week low. it's also down about 80% from the 2014 highs. it's down 90% from the 2007 highs, the ten year highs. the way i would look at a stock like this is you got to get a sense for how stable the commodity prices are, what's the focus going to be on credit. it's still heavily leveled here. don't look out a few months and buy 30% out of the money calls. there's better ways to do it. >> still ahead one of the most hate the groups of stocks on wall street is surging this week so why is that? is it time for you to jump on board? our traders will weigh in. one top technicians says there's something in the charts that reminds him of summer 2015 and

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>> welcome back to "fast money." let's get to susan li. >> so we had the stock falling down 3% at one point in the after hours and this is after earnings and gross bookings missed but then we got on the conference call and they started talking about capital returns and reduction in expenses, which was a knock on expedia because they were spending a lot to market and not getting a lot in return. if you look at the room nights of the inincrease in 15%. they're also talking about january growth now and easier comped in the first quarter. we should point out there's still a conversion effect with the strong dollar, but this is what we wanted to talk about. we wanted to talk about the travel ban and how expedia saw that impacting their business. take a listen. >> we were frankly worried about the chaos and all the volatility

and uncertainty and the fact that it would have on general business trends and especially travel. we haven't seen any meaningful effect at this point which is good news. we'll be watching it closely. >> and the ceo there was didn't minces words, didn't hold back when immigration ban and the travel ban was announced but it's something to watch of course for a travel companies going forward. >> in terms of cap returns did the company specific say an increase to the dividend or buyback. >> yeah, also some more purchases as well in the future. >> so both. thank you. susan li here at the nasdaq. >> why should the stock not go back to it's 5u 2 week highs. as growth stocks struck some of that early weakness it probably continues to go up. >> i'm so in your head. >> how long you been here today.

>> six hours. >> six hours. >> in this very spot. >> and yet being so clear to let this -- >> price line. >> what made the all time high today. >> many stocks. >> priceline did well. on valuation to dan's point i don't think it's nearly as expensive as people think. >> time for the move of the day and take a look at srt surging more than 2%. this is a number retailers namely nordstrom have been in the spotlight thanks to president trump breaking it all down is a man who is no stranger to the latest trends in fashion and retail, cnbc dom chu. >> we all know about president trump's tweet about nordstrom. that stock dropped but then rallied pretty aggressively to finish the day and gained again today so some are saying it's a

statement supporting nordstrom. others point out maybe it's optimism of its regulation. there's a certain border thing that's out there. that's a variety of possible reasons one thing is more certain, nordstrom stock is one of the most heavily shorted stocks in the s&p 500. if that's the case, the move higher in it could just be the result of a short squeeze or that rush to closeout bets against the company's stocks. we ran a screen to look for s&p 500 stocks that had at least 10% short interest as a percent of their shares outstanding and have posted a positive return over the last week. so shorter term. turns out there's around 21 names that fit the bill. high profile retail names are among them if you look at nordstrom, you check out cole's, tiffany, under armour, one thing those stocks have in common, the recent down trends they've seen have led to a shorter term bounce. while political statements may have something to do with it, a

technical factor like short covering could be as well. it's something to watch especially with those big retail names in the wake of their medium turn down trends. >> so as a recent retail rally is short squeeze. short squeezes can be the start of a longer term rally. so would you buy into any of these? >> i think aside from short recovering so i agree with you, other buying may come of it, i think that sectors been cheap. there's big fear about border adjustment tax how terrible it would be for retailers. i think the likelihood of that happening is declining but not low. it's a much bigger threat than i wish that it were, but i also think -- the markets at an all time high. the sector is cheap. they should be rallying a little bit at least. my topix right now in terms of dollars, foot locker, i have koors which has been awful and

yesterday's i sold macy's. i don't think that in the near term we'll see a deal. >> i own some tiffany. i think these guys had a bad holiday quarter. but i think 22 times for a company that is very much in control, their retail and they're online destiny, this is not how you buy tiffany, this is a name you want to stand. i think the possess mix in that name is well priced. >> before you guys get too geeked up, i'd say the srt, the s&p is retail etf was literally trading at three months low two days ago. that's also an interesting one. you know what else is in there, netflix, priceline, if you want waented a basket of retail and you like those growth names the srt is one that you could do that's going to have much less volatility. what i'm saying before you get too-to-geeked up i'm steering --

>> he's buying discounts. >> srt, doesn't have the sort of risk that a single stock might have, like a coors or r.l. >> i saw harmony on that show. >> maybe it's you, guy. retail may not be the only area that face challenges. our next guest is seeing a pattern eamerica when stocks saw a significant pullback. sven henrik so what are the three things that are concerning you right now? >> glad to be with you the dream team. there's basically we were seeing a repeateding of the pattern that we've seen a number of times in the last couple years when we make new highs one of which is simply the volume is prices may highs and volume dies. that's what we've been seeing here in the last couple of months as well. january low volume was very low and volume right now these new

highs is not impressive. at the same time what stocks are doing each time around is pricing things to perfection. so what we've seen is an incredible increase in price to earnings rashio on multiple levels and basically running about 17 to 25% above the ten year average. we're seeing incredible volatility compression, very similar not only to 2015 but also 2007 especially in january. we're running between 9.9 and about 11 or 12 and that type of compression builds up a lot of energy and it does not usually lend itself to breakouts to new highs or sets sustainabilities rather what we see is volatility will find a way. and it will find a way to go higher even in 2007 we saw a big spike into the 20s and 30s during the time when we made all time highs. >> you're also making a point that the winners are extremely

stretched. i want to get to the chart of the s&p 500 so you can walk through and explain the trends that are concerning you right now. >> specifically what we saw for example, in the summer of 2015 is on new highs on the s&p fewer and fewer stocks moved above the 50 day moving average and we're seeing the same trend right now. for example, in december we had about 80% of stocks above the 50 ma in january about 75 and yesterday was actually just in the low 60s so 40% of the stocks were not even above their 50 ma so that shows underlying weakness as we are scratching to higher prices. >> what's the extrapolation in terms of the decline that you think this market today could see? >> well, i'll come back to the earlier point which is that a lot of the winners are actually highly stretched. for example, apple we saw up to 89 rsi today. we see some of these stocks like

apple and microsoft about 20% above their annual which is the expo ten chal moving average. from my perspective the initial decline we can expect here in the spring is six to eight or maybe 10% and this is going to be the key battle zone between 2150 and 2,200. once we bounce from there and have a tradeable long. whether all these tax cuts and infrastructure spending actually pan out in terms of earnings gross story to come. >> it's dan. as i look at the s&p 500 that chart, you know, over the last two years since the start of 2015, most of those consolidations that we've had some of them have not been too different than the one we've been in now for the last two months and every single one of them has broke eninto the downside. the s&p just broke out of that range today, could it be

difference this time? could we have a 5, 10% rally to the upside in a real come play sent market that sentiment is really high but maybe it is different this time? >> well, i agree with you that the technical upside is there to see a real melt up but that would be a lot more bear ir than you would think, the energy is really coming to the downside. right now with the vix at ten as we saw today typically we do not see a move of any sustainability to the upside. we had vix not this low in january, february of 2007, what happened then is we had a quick spike into 20 which is something i expect here in the next month as well. there's also very large open gap. >> thanks so much for joining us. >> thanks very much for having me. >> >> go ahead. >> take care. >> that's what happens when you have a delay because he's in

london, the north man trade. >> he made a lot of sense. >> absolutely. >> i think his point is when you've got a coiled spring and that becomes even more coiled it could rip. we're at a place where we all know we've already climbed the wall of worry. we know we're in a place where there's an enormous amount of risk and i think it's sensible to think we're going to get a pullback. >> he does great job and make great points. this market it's going to have a crescendo top. i don't think you've seen it yet. >> i agree with him on the volatility being so low. >> despite being at the center of every major current event, twitter can't jump start user growth so can anything be done to save the struggling social media platform. you're watching "fast money" on cnbc. first in business worldwide. ♪ 'rerowning intion.

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>> welcome back to "fast money." check this out. in case you haven't heard formal knicks player the legendary oak man got into a scuffle with

security guard for being thrown out of madison square garden. the courtside that exploded went viral on twitter. just how the company's become the go to for all live reaction. as many users watched the even vent unfold a drama of a different sort was taken place on wall street. shares of twitter tanked 12% and that is nothing new. the stock has plunged 63% since its ipo. and this all coming despite a president who has embraced twitter as no other public official has ever done along with deals live stream football and other supporting events all of twitter's efforts been in vain and is there a buyer out there, dan? >> they are right about the live thing. if you wanted to know about charles oakly being ejected

about that game, the problem is that the company is not money tiesing. of advertisers are not embracing the platform. growth is stalled for all intents and purposes. that's not a great thing for a growth company. we were just arguing in the break. they had expected sales close to 3.7 billion that were growing 20% year over year. that is one issue. it does need to be fixed probably by a much larger platform which is guy was just yelling at me about in the break. >> i wasn't yelling. >> you raised your voice a little bit. >> it's thursday, it's late in the week. he's got a big oa tomorrow. >> twitter makes a huge mistake talking metrics. don't google doesn't do it, why should twitter. they jump the shark with that one. be that as it may, i'm not saying i could fix twitter, but twitter is a way too embrace news. it's a way to gather news and it's everybody uses it.

somebody's going to figure this out. facebook was left for dead eight years ago. they were calling for mark zuckerberg's head and they figured it out. >> somebody will figure it out. >> it won't be me. >> is twitter now between a rock and a very, very hard place with a terrible guidelines they unleashed today. >> it traded down to 16.50 multiple times. >> there's a premium still. >> i think the stock is still in terms of its intrinsic value and everything we've all just said, i think this is a stock that has to figure out how to money ties. i don't really care that they're growing or not growing maus that would be more like snap or facebook. their core audience is intensely loyal and this horrific thing that happened to charles oakly last night is something they people want to engage in realtime. that service will not go away. >> take unders are so rare and

what makes them happen is the balance sheet in distress. they can't play it out and see what happens. >> three and a half million dollars in cash. >> i'm saying -- calm down. the balance sheet -- >> do i think the idea of a take underis not just going to happen. >> jeff dorsey's not selling this company for a dime less than where it is. the scarcity of the property makes it a great acquisition candidate. >> we got to go. >> we got to go. >> up next, it's one big media name that just hit a six month high. find out the name when we come back. es? e et have inuhhhand i ndind mmbrife'repytrt guaguantee? ouerat schb oerin eat'sith all e estions?dind mmbrife'repytrt guaguantee? ask urroifth'roffe

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final trade time. tim. >> viacom big move. it's the real deal. more to go in this name. big changes. >> talk the other day about gm. let it shake out a little bit. it has. it's right where it was two days ago. i'd be a buyer. >> intel a couple more bad days like this you get it at 34 bucks that's a good spot. >> now prior to today have you ever uttered the name charles oakly and did you know who charles was? yes or no.

be honest with the folks at home. >> yes. >> so deeply disturbing. >> any way. >> innnvidia is not deeply disturbing and it's going to go higher there. mark my words, folks. >> see you back tomorrow 5:00. "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, 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'm just trying to make you some money. my job is not just to entertain but to educate and teach you. so call me at 1-800-743-cnbc or tweet me @jimcramer. boy, oh, boy, do i hate talking about bonds. i mean they're so quintessentially boring.