Guy Adami Is Bearish On PALM

CNBC Fast Money's Guy Adami commented on the after hours trading with Palm, Inc. (NASDAQ: PALM) shares. The stock dropped approximately 14.5% and Guy Adami believes that it would be wise to go short on PALM and ride it down to $1.

Joe Terranova commented that if you are bullish you shouldn't be buying until you see a huge volume in PALM.

PALM traded well in the regular trading, gaining 5.21%. It closed the session at $5.65, but then it crashed in the after hours after 3Q results were reported.