Fast Money Picks For March 7th (PM, PAY, CNX)

On CNBC's Fast Money, Tim Seymour said that he would buy Philip Morris International Inc. PM at $82. Philip Morris International Inc. (PM) lost 1.59% today, and it closed at $84.06. Karen Finerman likes VeriFone Systems Inc PAY, but since the stock had a big run she would sell call options in PAY. VeriFone Systems Inc (PAY) spiked 7.93% today, and it closed at $50.24. Ron Insana advised viewers not to do anything tomorrow. He would just wait and watch technicals. Jon Najarian has spotted an unusual options activity in Viropharma Inc VPHM. He said that investors are buying the April 25 puts, and the volume is bigger than its open interest. He would sell this stock. Viropharma Inc (VPHM) plunged 6.33% today, and it closed at $30.62. Mike Khouw believes that it would be wise to sell put options in CONSOL Energy Inc. CNX, because the stock is close to its lows. CONSOL Energy Inc. (CNX) dropped 1.35% today, and it closed at $32.90.
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Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasJon NajarianKaren FinermanMike Khouwron insanaTim Seymour
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